Investing your Tax-Free Financial savings Account (TFSA) contribution in shares might make a giant distinction in the long term. However with so many decisions obtainable, it may very well be an astute transfer to give attention to corporations that mix robust monetary efficiency with clear long-term progress potential.
And should you’re seeking to make investments your 2026 TFSA greenback restrict of $7,000 in some essentially robust corporations, many Canadian shares are price contemplating for his or her skill to ship each earnings and capital appreciation. On this article, I’ll highlight two such shares that would match effectively in a long-term TFSA portfolio.
Supply: Getty Pictures
Nutrien inventory
Nutrien (TSX:NTR) is one such robust inventory that continues to learn from its management within the world agriculture area. It operates throughout a number of segments, together with retail, potash, nitrogen, and phosphate, supplying important crop inputs to farmers worldwide. This diversified construction permits this Saskatoon-based agency to learn from quantity progress and pricing power in world agriculture markets.
For full-year 2025, Nutrien posted web revenue of US$2.3 billion and adjusted EBITDA (earnings earlier than curiosity, taxes, depreciation, and amortization) of US$6.1 billion. These stable financials had been primarily pushed by larger fertilizer costs, file upstream gross sales volumes, and improved Retail earnings. In the meantime, its potash section performed a key position, with adjusted EBITDA rising to US$2.3 billion because of robust offshore demand and better realized costs.
As well as, Nutrien’s latest progress has additionally been supported by its give attention to strategic portfolio actions. Notably, the corporate offered its 50% stake in Profertil S.A. for about US$600 million, bettering capital effectivity. It has additionally been actively repurchasing shares beneath its regular course issuer bid (NCIB), reinforcing its dedication to shareholder returns.
Going ahead, Nutrien tasks its retail adjusted EBITDA to be between US$1.75 billion and US$1.95 billion for 2026. Equally, its potash gross sales volumes are anticipated to succeed in 14.1 to 14.8 million tonnes, whereas nitrogen volumes are forecast at 9.2 to 9.7 million tonnes.
With a give attention to operational effectivity, disciplined capital allocation, and long-term free money circulate progress, Nutrien seems to be well-positioned for the years forward. Its dependable dividends with a 2.9% yield make this inventory much more rewarding for TFSA traders.
Northland Energy inventory
Northland Energy (TSX:NPI) may very well be one other robust contender for TFSA traders looking for a mixture of long-term progress and earnings. The corporate develops and operates a diversified portfolio of vitality property, together with offshore wind, photo voltaic, battery storage, and pure gasoline. After surging by 22% within the final yr, NPI inventory now trades at round $24 per share with a market cap of $6.3 billion. At this worth, it gives an annualized dividend yield of round 3%, with month-to-month payouts.
In its newest outcomes, Northland registered full-year adjusted EBITDA of $1.25 billion, in keeping with steerage. Its free money circulate reached $1.46 per share, exceeding expectations. This progress is being pushed by its robust offshore wind manufacturing and an increasing vitality pipeline.
Apparently, the corporate goals to double its gross working capability to 7 GW by 2030, supported by a transparent funding plan and give attention to key areas like Canada and Europe. For 2026, administration expects adjusted EBITDA between $1.45 billion and $1.65 billion, with free money circulate projected between $1.05 to $1.25 per share.
Main tasks akin to Baltic Energy, anticipated to start operations within the second half of 2026, and the Hai Lengthy venture focused for 2027, are prone to assist future earnings progress. On the identical time, its streamlined working mannequin ought to enhance effectivity throughout this enlargement section.
