Investing in the right Canadian stocks can make a big difference in the years to come. In this article, I’ll discuss two stocks that are worthy of a place in a diversified portfolio. They are very different companies, but each one has its own solid case for investing in it.

So, if you have $3,000 to invest right now, the Canadian stocks I’d prioritize are as follows.

Cineplex

Cineplex Inc. (TSX:CGX) is a Canadian stock that is shaping up to be a solid contrarian choice. It has all the hallmarks of a contrarian stock – investors are overwhelmingly negative, and the valuation is low. There are concerns – high debt levels, falling recent attendance, and competition from streaming services, but isn’t that what makes it “contrarian”?

Importantly, Cineplex stock is addressing these issues. While the company’s debt level remains high, with long-term debt of $1.7 billion, the company has been successful in managing this. In fact, Cineplex announced an amendment to its Bank Credit Agreement last month. This amendment effectively extends the maturity date from March 2027 to September 2028 at the earliest. This gives Cineplex increased flexibility and better liquidity for the future.

Another concern is attendance, with many quarters of disappointing attendance weighing on results and sentiment. But recent box office numbers show that there’s reason for optimism. In March 2026, Cineplex reported box office revenue of $52.4 million, which was significantly higher than the prior year. Even more importantly, however, this performance is 84% of March 2019’s box office revenue, which is a positive result.

Cineplex continues to post record box office per patron (BPP) and concession per patron (CPP), with premium experiences showing strong demand. Yet, despite all of this, Cineplex’s stock price is cheap. It’s trading at $11.36 at the time of writing, which equates to a price-to-earnings (P/E) multiple of 18 times next year’s estimated earnings. Cineplex’s stock price graph below shows some recent strength as investors reacted to the debt announcement and favourable box office numbers in March.

Vital Infrastructure Property

Another Canadian stock that I’d prioritize if I had some money to invest right now is Vital Infrastructure Property Trust (TSX:VITL.UN). Vital Infrastructure is an owner and operator of medical facilities such as medical offices, rehabilitation centres, and diagnostic facilities.

This portfolio of properties provides stable and resilient cash flows. This is because these properties have long, sticky leases that are inflation-indexed. It’s also because these properties are healthcare properties. And the healthcare industry is a stable one that’s needed and growing due to the aging population – regardless of economic conditions.

Vital infrastructure stock is a Canadian stock that also offers an attractive dividend yield of 6.4%. So it’s a good option for those investors who are also looking for some steady income.

The bottom line

The two Canadian stocks discussed in this article are very different, but both are attractive stocks to consider investing your $3,000 in. As you can see from the table below, I’ve worked out a possible way to split your $3,000 between the two. Buying 100 shares of Cineplex stock and 330 shares of Vital Infrastructure stock gives you good exposure to the dominant Canadian movie theatre chain and annual dividend income of $118.80 from Vital.

The post The Canadian Stocks I’d Prioritize If I Had $3,000 to Invest Today appeared first on The Motley Fool Canada.

More reading

• A Monthly-Paying Dividend Stock Yielding 6.6% That’s Worth a Look
• A Simple Way to Turn $25,000 in TFSA Savings Into Consistent Cash Flow
• 5 Canadian Stocks to Buy if You Want Instant Income
• 4 Canadian Dividend Stocks That Could Help You Build $500 in Monthly Income
• How to Put $14,000 in a TFSA to Work for Monthly Income That Could Last a Lifetime

Fool contributor Karen Thomas has positions in Cineplex and Vital Infrastructure Property Trust. The Motley Fool recommends Vital Infrastructure Property Trust. The Motley Fool has a disclosure policy.

Stocks that have the potential to deliver life-changing returns to their shareholders have a few things in common. First of all, they are definitely not without risk. Secondly, they usually offer a product or service that’s changing the way things are done. This could mean that they are doing things totally differently, or they are doing the same thing much more efficiently. Finally, they usually have strong secular trends behind them.

In this article, I’ll discuss three stocks that I think have a strong growth runway ahead of them. And this makes them really attractive buys today.

Ballard Power

Ballard Power Systems Inc. (TSX:BLDP) is a fuel cell technology company. Its fuel cells are a clean energy source that power heavy duty vehicles such as buses, trains, and commercial trucks. The company has spent the last few decades developing and improving upon its fuel cells. Ballard’s recent success in order activity and cost cutting mean that the future is looking increasingly bright.

Mass adoption – this is a goal that Ballard continues to work toward. Progress has been slow, as using Ballard’s fuel cells to power vehicles is a big change. But progress is being made.

In 2025, Ballard stock set a new production record of almost 800 engines, 40% higher than the prior year. This drove a 43% increase in revenue to $99.4 million. In the fourth quarter of 2025, Ballard’s heavy-duty mobility segment posted a 70% increase in its revenue, to $28.6 million. Clearly, growth is gaining momentum.

On the cost side, things are also looking up for Ballard. Cash operating costs declined 41% in the fourth quarter. Finally, all of this allowed Ballard to also post record operating cash flow of $11.4 million.

Ballard’s fuel cells continue to provide heavy duty vehicle operators around the world with a clean, high-performance option for their fleet.

Blackberry

Another high-growth potential stock that has strong long-term upside is Blackberry Ltd. (TSX:BB). Blackberry is involved in two distinct businesses. The first is embedded systems, which enables machine-to-machine communication and connectivity. Think connected cars, robotics, and connected medical devices. The second is secure communications, which facilitates safe and secure communication of even the most highly sensitive and classified interactions.

Blackberry’s QNX segment is the one that’s set to experience massive growth. This will come from the rise of the connected car, robotics applications, and medical devices.

After years of sub-standard performance, it looks like Blackberry’s QNX segment is ramping up. In fact, it posted a 20% increase in revenue in Q4, to $78.7 million. This was accompanied by strong royalty backlog, which hit $950 million, highlighting a multi-year revenue growth profile.

Blackberry is well-positioned to benefit from these advances.

Well Health Technologies

The growth potential of Well Health Technologies Ltd. (TSX:WELL) lies in the improvements that the company is making in the healthcare system.

Well Health stock has recently made the decision to focus its efforts on the Canadian primary care industry, which has been benefiting enormously from its technology. The company offers software and solutions that provide benefits such as better information management, greater efficiencies, and a taste of the power of artificial intelligence. All of this increases margins of the primary care businesses, as well as improves patient care.

The primary care market in Canada remains a very large and pretty much untapped market. But Well Health’s scale is building. Right now, over 40% of physicians engage with Well Health’s platform in some capacity. An estimated 70% of the Canadian population lives within 20 kilometres of a Well Health clinic. The company targets a 10% market share within the next 8 to 10 years. Its market share is currently below 2%.

The bottom line

The three stocks discussed in this article really offer investors the potential for strong long-term gains. Of course, there is always risk in these types of stocks. But these three have the power of strong secular trends on their side – clean energy, machine-to-machine connectivity, and artificial intelligence.

Buy them today for strong long-term reward potential.

The post 3 Stocks That Could Deliver Impressive Long-Term Growth appeared first on The Motley Fool Canada.

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Fool contributor Karen Thomas has positions in Ballard Power, Blackberry, and Well Health Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy..

Oil prices today are trading at more than $95 per barrel. The U.S. and Iran peace talks are in a deadlock. The Strait of Hormuz remains blocked. Fear and uncertainty have taken over oil markets.

Canadian energy stocks like Suncor Inc. (TSX:SU) have been beneficiaries of this turmoil. Let’s take a look at why Suncor stock remains an energy stock to own through this ordeal.

Oil prices soar

In the fourth quarter of 2025, the average West Texas Intermediate (WTI) oil price was $59.31 per barrel. During this time, Suncor’s average realized price was $70.86. That’s almost 20% higher than the WTI price. This is made possible by Suncor’s value-added upgrading process, which refines crude oil into products such as gasoline, jet fuel, and petrochemicals.

Last quarter marked the calm before the storm. Since then, WTI prices have rallied off of the supply threats caused by the Iran War. In fact, in the first quarter of 2025, oil prices are estimated to have averaged $71.90. This is 21.2% higher than in the prior quarter. All of this has caused Canadian energy stocks such as Suncor to rally. As you can see from the graph below, Suncor Energy’s stock price has risen almost 40% to its current price of $86.91.

Cash windfall to benefit Canadian energy stocks

Suncor Energy stock is scheduled to report its first quarter 2026 results on May 5^th. As you might expect, analyst earnings estimates have been rising rapidly. For the first quarter, the consensus earnings per share (EPS) estimate currently stands at $1.66. This compares to EPS of $1.31 in the same period last year, which pegs Suncor stock’s earnings growth rate at 26.7%.

In recent years, Suncor has been on a mission to reduce its debt, lower costs, and drive shareholder value. All of these goals just got a lot of help from the market. With oil prices skyrocketing, Suncor will be able to fast-track these targets, creating more value for its shareholders in a shorter amount of time.

Suncor – Looking ahead

Back in March, Suncor held its 2026 Investor Day, where the company outlined its new three-year improvement plan. This plan calls for a $2 billion increase in normalized free funds flow by 2028 and a $5 per barrel reduction in Suncor’s corporate break-even to US$38 per barrel by 2028. Record refinery utilization and production are enabling Suncor to continue to lower its costs and drive increasing returns. We can expect this momentum to continue.

Turning to Suncor’s balance sheet, we have already seen the company dramatically improve its financial resiliency in recent quarters. As at the end of 2025, Suncor stock carried $6.3 billion in net debt, which is less than one times cash flow at a WTI oil price of US$50.

The bottom line

Suncor stock remains a compelling buy, as the company is taking advantage of the positive oil price momentum. This is driving up cash flows, which I expect will be put to good use, all in the name of shareholder value creation. Share buybacks have increased in recent quarters, and this is likely to continue.

In short, Suncor remains one of the best Canadian energy stocks to buy now.

The post 1 Canadian Energy Stock That Looks Like a Compelling Buy Right Now appeared first on The Motley Fool Canada.

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Fool contributor Karen Thomas has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Everybody loves a good income stock. What we want is a reliable, growing, consistent dividend that we can count on. And sometimes it’s not that easy to get that. I’m thinking about Telus Corporation (TSX:T). Who would have thought, years ago that Telus would be in the position it’s in today? The telecom industry is in disarray, with Telus stock struggling to maintain margins and profitability, and saddled with debt. Telus has sure had to adjust and pivot its way back to growth. And while it’s doing a fine job, the uncertainty is still there, with high debt loads and its growth path unproven and unclear to investors.

Personally, I have believed that this turmoil has created a good opportunity to buy Telus stock. I like its plan to resume cash flow growth, its high growth businesses like Telus Health, and its still dominant place in the telecom industry. I think Telus will successfully pivot back toward dividend reliability and eventually, growth.

But clearly, this is not a slam-dunk. There are risks involved. But I’m prepared to take these risks on, as I’m collecting Telus stock’s almost 10% dividend while I wait. Yet there are those investors who are not prepared to invest in this pretty volatile situation. And I understand. We have seen once unstoppable and unbeatable companies being reduced to nothing in times of industry change and disruption. So, nothing is guaranteed, that’s for sure.

Alaris Equity Partners, a high yield income stock alternative to Telus

For these investors, I suggest taking a look at Alaris Equity Partners Income Trust (TSX:AD.UN) as an alternative high-yield income stock.

Alaris is a unique investment that offers its shareholders the opportunity to invest in private companies, as Alaris provides capital to private businesses. In return, it holds preferred shares, which collect dividends, as well as participates in the potential profit and growth of these companies. The relationship is such that Alaris participates in the businesses through non-control equity ownership. Through Alaris, regular investors can gain exposure to the private equity market, which is traditionally reserved for institutional investors and high-net-worth investors.

Alaris has created a portfolio of dividend-paying private company investments. This portfolio of 23 holdings offers investors diversification, income, and long-term returns. Alaris is a little-known, niche investment that is currently yielding a very generous 6.6%. So, if you’re looking for a high-yield income stock, maybe Alaris could be a better option for you.

The company’s 2025 results were strong and demonstrated the strength of its portfolio. For example, total revenue and operating income increased by 15.9% in the fourth quarter and 14% for the year. Alaris’ net book value currently stands at $24.79, and its payout ratio remains below its targeted 65%–70% range.  

Alaris’ stock price is currently $22.30. The company continues to buy back shares, as they remain undervalued.

The bottom line

While Telus stock’s yield is certainly appealing and it’s an appropriate choice for some investors, others might be looking for something with less risk. I think that although Alaris Income Partners is a lesser-known and smaller company, it offers some distinct benefits, as discussed in this article. And this high yield income stock is yielding a generous 6.6% today.

The post Love Income Stocks? This High-Yield Alternative to Telus Might be Worth a Look appeared first on The Motley Fool Canada.

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Fool contributor Karen Thomas has positions in Alaris Equity Partners Trust and Telus. The Motley Fool recommends Alaris Equity Partners Income Trust and TELUS. The Motley Fool has a disclosure policy..

Geopolitical turmoil continues to cause major uncertainty. Oil prices are closing in on $93 again at the time of writing, and our eyes are on the economy.  Experts are raising the alarm, as signs of rising inflation, lower growth, and ultimately a recession are building. So where is an investor to turn? What stocks can offer us some shelter from this storm?

In this article, I’ll discuss two Canadian mining stocks that I continue to be quite bullish on. These stocks have great track records, and as they continue to navigate the positive fundamentals of their respective industries, investors should pay attention.

Without further ado, let’s take a look.

Agnico-Eagle Mines

Gold is a safe haven. It’s the best store of value that we have today, and it has stood out as an investment of choice in a highly uncertain time. Let’s take the last 5 to 10 years as an example. Since the end of 2019, the price of gold has risen 221%. But the biggest rise has come in recent years with the increased tension coming from the U.S. agenda.

To position myself in this environment, my favourite Canadian gold mining stock has been Agnico-Eagle Mines Ltd. (TSXLAEM) stock. Agnico is a global gold producer with a difference. While most other gold producers operate their mines in politically unsafe jurisdictions, Agnico made the decision long ago to stay in safe jurisdictions.

This effectively lowered the risk profile of this gold mining stock. It also afforded Agnico the luxury of being laser-focused on driving shareholder value and stability within its operations. Since 2021, Agnico’s operating cash flow has increased more than 400% to $1.3 billion. Also, its earnings per share (EPS) increased 361% to $8.31. And this has been reflected in Agnico Eagle’s stock price performance.

In Agnico’s 2025 financial results, the company reported earnings per share of $8.31 versus $4.23 in the prior year. Also, operating cash flow was a record $6.8 billion and free cash flow was a record $4.4 billion.

Finally, Agnico-Eagle stock’s quarterly dividend increased 12.5%.

Teck Resources

Copper is another base metal that’s experiencing strong increases in recent years. This is not surprising given the importance of the metal to modern society. Copper is, in fact, a critical mineral. It’s valued for its excellent electrical and thermal connectivity, durability, and resistance to corrosion.

Naturally, this has meant significant increases in demand for copper, given its essential role in electricity networks and clean energy technology. Everything energy-related, from electric vehicles to data centres, requires copper. This has driven a historical rally in copper prices. In the last five years, the price of copper has increased 87% to US$6.08 per pound. The environment of strong demand mixed with limited supply growth continues.

Teck Resources Ltd. (TSX:TECK.B) is benefiting from increased demand. In 2025, the company reported a 48% increase in its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to $4.3 billion. In Q4 2025, the increase was even greater, at 81% to $1.5 billion. This was driven primarily by increased copper prices.

As you can see from Teck Resources’ stock price graph above, the stock has not fully reacted to these positive fundamentals. This is why I see strong upside.

The bottom line

Investing in the two Canadian mining stocks discussed in this article gives investors exposure to two strong trends that continue to drive markets. And this means that, in my view, Agnico Eagle’s stock price and Teck Resources’ stock price both continue to have strong upside.

The post 2 Canadian Mining Stocks Worth Considering Right Now appeared first on The Motley Fool Canada.

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Fool contributor Karen Thomas has a position in Agnico-Eagle Mines. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Supplementing your employment or retirement income has never been easier. Many Canadian dividend stocks continue to help investors with this goal, and many of them pay out monthly – for a regular, consistent, and frequent payment schedule.

In this article, I’ll discuss four Canadian dividend stocks that have been helping investors secure income for their retirement needs or supplement their employment income for many years. But the best part is that I expect that they will continue to be a reliable source of monthly income for Canadian investors for years to come.

Peyto Exploration and Development

Natural gas is one of the investment ideas that I’ve been most bullish on in recent years. This stems from the changes that are happening in the industry and bringing about rising demand. For example, the liquified natural gas (LNG) industry has opened up North American natural gas to the world. And it’s in high demand, as it’s a secure, reliable, abundant, and relatively cheap source of energy.

One of the Canadian natural gas producers that I’m relying on to supplement my income is Peyto Exploration and Development Corp. (TSX:PEY). Peyto is currently yielding a generous 5.5%, and as it continues to benefit from strong fundamentals.

In the company’s latest quarter, production increased 6%, and funds from operations rose 23% to $245 million. Importantly, the company’s realized natural gas price increased 17% as Peyto was able to access the most profitable markets, including the LNG market.

Tourmaline Oil

Similar to Peyto, Tourmaline Oil Corp. (TSX:TOU) is also benefiting from a strong natural gas industry. Tourmaline is a senior oil and gas company with a production profile that’s almost 80% weighted toward natural gas. The company’s operations are focused on three lucrative plays in the Western Canadian Sedimentary Basin.

It’s low-cost asset base and proximity and access to LNG terminals has driven strong growth. In turn, Tourmaline stock’s dividend has grown rapidly, with special dividends being paid out quite frequently. At this time, Tourmaline stock is yielding a respectable 3.4%.

Northland Power

Northland Power Inc. (TSX:NPI) is another Canadian dividend stock that I’m bullish on for its strong track record in the renewable energy industry. Northland is a Canada-based global power producer. The company has a diversified list of energy producing assets, including clean-burning natural gas, wind, and solar assets. It’s operations span the globe, with power-producing assets in Asia, Europe, and North America.

Electricity demand is expanding rapidly. In response, Northland is targeting a doubling of its operating capacity by 2030. The company has three major projects that are slated to come on-stream in the next two years. This will drive cash flow and earnings. At this time, Northland Power stock is yielding 3.2% and its earnings are expected to increase significantly over the next few years. The stock is trading at a mere 14 times this year’s earnings estimate.

Vital Infrastructure Property Trust

As one of Canada’s largest owners and operators of medical facilities, Vital Infrastructure Property Trust (TSX:VITL) is in a good spot. The population is aging and, therefore, the demand outlook for its buildings is positive. This is complemented by the fact that Vital’s properties have long and stable leases, and occupancy is high, at 96.4%. Finally, Vital has been working on paying down its debt and simplifying the business. And recent results show strong progress.

In the fourth quarter of 2025, Vital’s revenue increased 4.8% to $107.6 million. Also, its same property net operating income rose 3% to $65 million. Finally, its adjusted funds from operations increased to $0.12 per unit, an increase of 20%.

Vital Infrastructure is currently yielding a very attractive 6.3%.

The bottom line

The Canadian dividend stocks discussed in this article all pay monthly dividends and can help you start to build your monthly income today.

The post 4 Canadian Dividend Stocks That Could Help You Build $500 in Monthly Income appeared first on The Motley Fool Canada.

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Fool contributor Karen Thomas has positions in Peyto Exploration, Tourmaline Oil, Vital Infrastructure Property Trust, Northland Power. The Motley Fool recommends Tourmaline Oil and Vital Infrastructure Property Trust. The Motley Fool has a disclosure policy.

The Tax-Free Savings Account, or TFSA, limit for 2026 is $7,000. This means that your cumulative limit is as high as $109,000, depending on the year that you turned 18. This is a sizable amount that can be put to work to generate tax-free investment income and capital gains. For a TFSA contribution limit history, please refer to the table below.

If it’s monthly income that you want, keep reading, and I’ll show you how to generate $61.50 in monthly income with a TFSA investment of only $14,000.

High-yield dividend stocks work for you

Generally speaking, high-yield dividend stocks are stocks that yield in excess of approximately 4%. These stocks offer investors the potential for larger dividend payments. However, they might come with added risks, as these yields may not be sustainable or may indicate weak share prices, which could signal other weaknesses.

This is why we must first make sure that the high-yield stock we’re considering has a solid balance sheet, a healthy payout ratio, and a healthy business that has a strong competitive advantage.

Let’s take a look at two high-yield dividend stocks that I think make compelling choices for investors’ TFSA contribution dollars.  

Mullen Group

The first is Mullen Group (TSX:MTL), a logistics company that offers transportation, warehousing, and distribution services throughout North America. Mullen Group stock is currently yielding a generous 4.6%, and it’s experiencing strong growth.

As you can see from Mullen Group’s stock price graph above, things have been going well for the company, and investors have been taking notice. Mullen reported a 7% increase in revenue in 2025 to $533.8 million. This was accompanied by a 2.5% decline in adjusted operating income before depreciation and amortization to $74.7 million.

Clearly, Mullen has experienced weakening margins due to softer economic conditions in 2025. But the company has been busy acquiring in order to increase its scale and presence in the logistics industry. This is expected to drive growth, and as the economy rebounds, Mullen Group stock is likely to benefit from this as well as the integration of its recent acquisitions.

Vital infrastructure

The next monthly TFSA stock is offering a high yield of 6.26%. Vital Infrastructure Property Trust (TSX:VITL.UN). Vital Infrastructure, formerly known as Northwest Healthcare Properties REIT, is an owner and operator of a global portfolio of medical properties. The business is defensive, benefits from the aging population trend, and is stable, with high occupancy rates and long leases. In fact, Vital’s weighted average lease expiry currently stands at 12.3 years, and its global portfolio occupancy stands at a healthy 96.4%.

In Vital’s most recent quarter, the fourth quarter of 2025, its revenue increased 4.8% to $107.6 million. Also, its same property net operating income 3% to $65 million. Finally, its adjusted funds from operations increased to $0.12 per unit, an increase of 20%.

How to generate $61.50 in TFSA monthly income

So, back to the initial point of this article. In the table below, you can see how you can split a $14,000 TFSA investment into the two stocks I discussed in this article, Mullen Group and Vital Infrastructure.

The bottom line

While high-yield stocks don’t come without their risks, the two stocks discussed in this article present compelling opportunities for TFSA yield. The tax-free benefit is significant and one that increases the more you take advantage of your TFSA contribution limit history.

The post How to Put $14,000 in a TFSA to Work for Monthly Income That Could Last a Lifetime appeared first on The Motley Fool Canada.

More reading

• A Monthly-Paying Dividend Stock Yielding 6.6% That’s Worth a Look
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• The Canadian Stocks I’d Prioritize If I Had $3,000 to Invest Today
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• TSX Today: What to Watch for in Stocks on Monday, April 27

Fool contributor Karen Thomas has positions in Mullen Group and Vital Infrastructure. The Motley Fool has positions in and recommends Mullen Group. The Motley Fool has a disclosure policy.

Investors looking to buy dividend stocks for their TFSA have plenty of choices. However, choosing the right TFSA dividend stock involves getting to know your investment goals and risk tolerance. This can help with the hard decisions on how to best make use of your TFSA contribution limits.

With this being said, let’s take a look at a TFSA dividend stock that, in my view, has the right risk/reward balance and a strong long-term growth profile. It’s not the typical dividend stock that you hear about every day, but it’s one that’s at least worth considering.

Peyto Exploration and Development

As one of Canada’s biggest natural gas producers, Peyto Exploration and Development Corp. (TSX:PEY) has a lot going for it at this time – both on a macro level and on a company-specific level. On the macro side, the natural gas industry is in the midst of long-term secular growth that’s driven by a few factors.

The first is the ongoing global switch from coal to natural gas. The second is the electrification of the energy grid. Next is the rise in demand from data centres. And finally, we have the growing liquified natural gas (LNG) industry, which has opened up North American natural gas to the world.

On a company-specific level, Peyto is one of Canada’s lowest-cost natural gas producers. The company operates in the very lucrative deep basin of Alberta, with long-life and low-cost reserves. This helps Peyto keep costs down, and production up.

In Peyto’s most recent quarter (Q4/25), the company reported a 23% increase in funds from operations, to $245 million. This was due to a 6% increase in production, and mostly, a 17% increase in its realized natural gas price, to $4.01 per million cubic feet (mcf).

This TFSA stock carries a strong dividend yield

Over the last five years, Peyto has grown its revenue from $840 million to $1 billion. Its net earnings have grown from $152 million to $420 million. Lastly, Peyto’s operating cash flow has increased from $458 million to $858 million. This was driven by the company’s acquistion of Repsol, continued production growth, locking in higher natural gas pricing and cost savings initiatives.

Peyto’s stock price has performed well over the last year. As you can see from the above graph, it’s trading at almost $25. This means that it has appreciated more than 60% since its one-year ago price of $15.40.

As we look ahead, it is my view that Peyto’s stock price will continue to do well and that the company will continue to support a growing dividend. This is predicated on the assumption that natural gas continues to grow as it meets the ever-increasing global energy demands.

The bottom line

Peyto stock is in a great position to continue to benefit from rising global energy needs. Natural gas is taking its place as a cleaner, cheaper, and very abundant energy source that’s very much in demand across the globe.

For TFSA investors looking to maximize on their TFSA contribution limit, consider Peyto. It’s a TFSA dividend stock that pays out monthly, and it’s yielding a very generous 5.5% – backed by solid company performance and a very positive macro backdrop. This means that if you bought 1,000 shares of Peyto stock, you would receive $110 in dividend income every month. See the table below for details.

The post This TFSA Stock Offers a 5.5% Yield and Reliable Regular Paycheques appeared first on The Motley Fool Canada.

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Fool contributor Karen Thomas has a position in Peyto Exploration and Development. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

In the last year, there have been plenty of market worries and disruptions. The war in Iran has disrupted energy markets, driving the price of oil above $100 and disrupting the liquified natural gas markets. The full impact on energy stocks is yet to be seen, but there’s one monthly dividend stock that’s still going strong and likely to gain momentum.

Tourmaline Oil Corp.’s (TSX:TOU) stock price is trading at pretty much the same level as a year ago. But Tourmaline stock continues to pay out its monthly dividend as it faces a strong future. In fact, it has emerged as one of the best monthly dividend stocks in Canada today.

Why Tourmaline?

Tourmaline is a senior oil and gas company with a production profile that’s almost 80% weighted toward natural gas. The company’s operations are focused on three lucrative plays in the Western Canadian Sedimentary Basin – the Alberta Deep Basin, North East British Columbia Montney, and the Peace River Triassic Oil resource.

The company is heavily involved in the rapidly growing liquified natural gas (LNG) industry, thus enabling it to benefit from strong demand/supply fundamentals as well as strong pricing. In 2025, Tourmaline stock reported a 10% increase in production and a 6% increase in operating cash flow.

As one of Canada’s largest natural gas producers, Tourmaline stands to benefit greatly from the continued ramping up of LNG Canada. Global demand for North American LNG has continued strong, and the Iran war has taken out supply in the Middle East.

The Iran war fallout

Approximately one-fifth of the global LNG supply is produced by state-owned QatarEnergy, supplying buyers in Asia and Europe. According to Reuters, attacks have wiped out an estimated 17% of Qatar’s LNG capacity for up to five years. Early in the war, QaterEnergy’s LNG facilities were hit. This has left a gaping hole and a gaping question as to when they can be repaired and operations resumed. In the meantime, there’s a global shortage of LNG.

Buyers in Asia and around the world are certainly looking for new supply deals as the Middle East remains uncertain and dangerous. This means that North American LNG will increasingly be in demand.

For Tourmaline stock, the opportunity to fill in some of this lost supply is big. Tourmaline supplies U.S. LNG terminals with natural gas, and of course, LNG Canada is becoming an increasingly bigger player. In fact, the facility’s expansion is gaining momentum. The value of a politically safe and stable supply source has become more evident. While this was always an advantage for North American supply, disruptions like the Iran war remind us of this fact. Buyers are rethinking their decisions.

The monthly dividend stock that keeps giving

With Tourmaline (TOU) stock currently trading at approximately $61.00, this means that TOU stock is currently yielding 3.3%. This dividend yield is definitely a healthy one. But it’s also one that could prove to be understated. You see, the company has a policy to pay out 100% of its free cash flow in dividends. In years past, this has shown up through the payment of special dividends, which have been quite sizable in the good times.

The bottom line

TOU stock is one of the best monthly dividend stocks in Canada today. This is due to both its company-specific strengths and the macro backdrop of the energy sector. Yet, Tourmaline’s stock price has remained stuck at roughly $60. Consider buying it for reliable and growing monthly income.

The post One Year On: This Monthly Dividend Stock Hasn’t Missed a Beat appeared first on The Motley Fool Canada.

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Fool contributor Karen Thomas has no position in any of the stocks mentioned. The Motley Fool recommends Tourmaline Oil. The Motley Fool has a disclosure policy.

Growth stocks deserve a place in a well-diversified portfolio. They’re usually the higher-risk part of a portfolio, but this means that they’re also the stocks with the greater upside. How much an investor allocates to this type of stock will be a subjective choice. But an allocation of up to 40% for young investors and below 15% for older investors is typically recommended.

In this article, I’d like to discuss two growth stocks that I’ve written about in the past. They’re both down significantly since their 2025 highs – and they’re both experiencing strong fundamentals and growth.

Blackberry Ltd. (TSX:BB) and Well Health Technologies Corp. (TSX:WELL) are the two stocks that I’m recommending as strong buys today. They’re down 36% and 47%, respectively, yet they’re looking forward to a strong future.

Let’s take a look.

Blackberry (BB) stock: The turnaround is complete

A well-respected and technically excellent technology company that’s leading the charge in embedded systems and secure communications is Canada’s own Blackberry. After many years of sub-optimal performance, today Blackberry is sitting on the precipice of strong growth.

This growth will be driven by Blackberry stock’s QNX segment, which has embedded software that’s in demand for connected cars, robotics applications, and medical devices. Simply put, Blackberry’s software is in high demand and recent fourth quarter results demonstrate this.

Blackberry’s QNX segment posted a 20% increase in revenue to $78.7 million in Q4. This was accompanied by strong royalty backlog, which hit $950 million, highlighting a multi-year revenue growth profile. This visibility is a big deal for Blackberry and its investors, with growth being seen in the automotive space but also in the general embedded space. As per management, the growth that they expect in the general embedded space is massive.

For now, Blackberry (BB) stock has completed its turnaround and its growth is ramping up. Connected cars and medical devices, and robotics are increasingly using Blackberry’s software and this is translating into a strong future.

Well Health Technologies (WELL) stock: Consistently strong growth

Well Health Technologies is another growth stock that’s currently attractively priced as it heads into a strong future. The company is an omni channel digital healthcare company, with a network that includes primary, specialized, and diagnostic healthcare services and facilities. Well Health has been growing exponentially in the last few years, and this is increasingly being accompanied by increased profitability and margins.

Revenue in 2025 increased 34% to $1.4 billion and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 17% to $148.6 million. Net income hit a record $126.5 million or $0.50 per share, which compared to $0.03 in the same period last year. Finally, free cash flow increased 19%.

I’m highlighting these results to drive home the fact that Well Health stock’s business is absolutely booming. The acquisitions that were made in 2025 are driving these results. But so are the efficiency gains that are being made due to Well Health’s system. For example, patient visits per billable hour are rising fast.

Looking ahead, Well Health management is expecting the strong growth to continue. In fact, Well Health clinics only deliver 1.5% of patient care. The market is highly fragmented, and Well Health is targeting to capture 10% market share within the next eight to ten years.

The bottom line

The numbers speak for themselves. Yet, BB stock is down big despite a clear improvement in its fundamentals and growth rate. Similarly, WELL stock is also down big, and its growth numbers have been consistently strong in the last many years.

There’s a disconnect in both of these cases, in my view. This is why I would take the opportunity today to add both of these growth stocks to my list of holdings.

The post 2 Growth Stocks That Have Pulled Back Up to 47% – and Look Worth Buying Right Now appeared first on The Motley Fool Canada.

More reading

• Some of the Most Compelling Tech Stocks to Consider Buying in 2026
• The Canadian Stocks I’d Focus on for Growth Potential in 2026
• The 3 TSX Stocks I’d Be Most Eager to Buy at This Very Moment
• 3 Stocks That Could Deliver Impressive Long-Term Growth
• 3 TSX Stocks With the Potential to Turn $100,000 Into $1 Million Sooner Than You’d Expect

Fool contributor Karen Thomas has positions in Blackberry and Well Health Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.