It's a busy time of year, being mid December with many having travel plans to visit family or friends along with last minute shopping ideas. Preparing for Christmas meals while looking for deals as groceries continue to go up, especially meats and poultry. Turkeys are actually the least expensive these days, depending on the store.
An interesting read with Bob's recent article on his Tawcan blog about 5 Canadian stocks he is deciding on buying in early January with his TFSA account. Of the 5, I own 2 and agree on Canadian Natural Resources, CNQ.TO and Manulife Financial, MFC.TO. Both stocks I own and buy on a regular basis.
Canadian National Railway, CNR.TO is a stock I expect to gain in the future while currently dealing with Canada/USA trade tariffs but with track in the USA, the company moves a lot of freight, as well as at home.
On my end and with ex-dividend dates at the end of December, TC Energy, TRP.TO and the pipeline South Bow Corp, SOBO.TO are both on my radar.
Capital Power. CPX.TO is making news recently, adding assets and renovating them in the US and a contract to power a data centre in Canada with details to come out at later date.
Power Corporation of Canada, POW.TO is also on my further buy list. With POW, I think of Wealthsimple, Great-West Life and IGM Financial being under their wing as a holding company.
The top 6 banks in Canada increased their dividends last month except for the Bank of Nova Scotia, which may come in 2026 but I like the 35% gain since June of this year. BNS.TO has an ex-dividend date of January 6th, 2026 with a current 4.38% yield.
Interesting and surprising for a covered call ETF I own for the income, ZWB, BMO Covered Call Canadian Banks hit a record high at over $25 a unit currently and increased it's distribution by 10% for the November's payment with a market cap of 3.8 billion. I'm always aware that a market pullback will probably effect ZWB's price more being a covered call than it's bank holdings but as a risk reliever, one can always sell now for the total gain if bought in 2024 for example or early April of this year.
I'm looking forward to 2026 and another interesting year with the stocks along with the ups and downs of the market place.
Have a safe Merry Christmas and wishing good health.
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