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TFSA: 3 Canadian Stocks to Buy and Hold for a Lifetime
TFSA: 3 Canadian Stocks to Buy and Hold for a Lifetime

Yahoo

timea day ago

  • Business
  • Yahoo

TFSA: 3 Canadian Stocks to Buy and Hold for a Lifetime

Written by Amy Legate-Wolfe at The Motley Fool Canada Building wealth doesn't have to be complicated. With a Tax-Free Savings Account (TFSA), Canadians can grow their money over time without worrying about taxes on gains or income. But the key is picking the right stocks, ones you can hold for decades. The best TFSA stocks aren't necessarily the most exciting. They're the ones that quietly deliver strong returns, pay dividends, and stay resilient in all kinds of markets. Three great examples today are CCL Industries (TSX:CCL.B), Manulife (TSX:MFC), and WSP Global (TSX:WSP). CCL is one of the world's largest producers of labels and packaging. While that might not sound thrilling, it's a business built for stability. CCL has over 200 production facilities around the world, serving clients in healthcare, food, consumer goods, and tech. In its most recent earnings report, CCL reported revenue of $1.9 billion, up 8.6% from the year before. Earnings per share (EPS) hit $1.18, and free cash flow swung back to positive after a brief dip last year. This shows CCL isn't just growing, it's generating real cash that can support future expansion and dividends. The dividend stock currently pays a dividend yield of 1.6%, and it has a history of raising that payout over time. Then there's Manulife, one of Canada's largest insurance and wealth management companies. It operates in Canada, the U.S., and across Asia, giving it a strong global footprint. In its most recent quarter, Manulife reported $1.8 billion in core earnings, a steady result despite some market headwinds. Core earnings per share rose to $0.99 from $0.91 the year before. Net income dropped, mainly due to changes in investment values, but the core business remained strong. Its Canadian division saw solid insurance growth and lower expenses, while Asia showed promise as demand for wealth products improved. Manulife's dividend yield sits around 4.2%, and it has a long track record of rewarding shareholders. Finally, WSP Global is a lesser-known gem that delivers engineering and infrastructure consulting services around the world. Whether it's public transit systems, bridges, or green buildings, WSP is helping design the world's future. In its latest quarter, WSP saw revenue climb 22.4% to $4.4 billion, with net earnings of $144 million or $1.10 per share. That's up from $126 million last year. The dividend stock also reported a backlog of $16.6 billion, meaning it has years of projects already lined up. WSP's dividend is modest at just 0.55%, but it has room to grow thanks to strong earnings and demand. What makes all three of these stocks ideal for a TFSA is their mix of income, growth, and staying power. None of them are highly speculative. Each one operates in industries that are essential, whether it's consumer packaging, financial services, or infrastructure development. Each also generates healthy free cash flow, which supports dividend payouts and long-term investments in the business. Investors could invest $5,000 across all three today and collect quarterly dividends, with the potential for steady capital growth. And because these dividend stocks are diversified in what they do and where they operate, you get some built-in protection from market swings. In fact, $5,000 across each would bring in annual dividends of $316.60! COMPANY RECENT PRICE NUMBER OF SHARES DIVIDEND TOTAL PAYOUT FREQUENCY INVESTMENT TOTAL CCL.B $78.11 64 $1.28 $81.92 Quarterly $4,999.04 MFC $42.18 118 $1.76 $207.68 Quarterly $4,977.24 WSP $272.26 18 $1.50 $27 Quarterly $4,900.68 A TFSA is one of the best tools Canadians have to build long-term wealth. The sooner you start filling it with solid, income-generating stocks like CCL, Manulife, and WSP, the more time you will give your investments to grow tax-free. You don't need to check the market every day. Just buy quality businesses, sit back, and let compounding do the rest. The post TFSA: 3 Canadian Stocks to Buy and Hold for a Lifetime appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool recommends CCL Industries and WSP Global. The Motley Fool has a disclosure policy. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Manulife Investment Management Announces Updates to U.S. Core Value Equity Team Français
Manulife Investment Management Announces Updates to U.S. Core Value Equity Team Français

Cision Canada

time6 days ago

  • Business
  • Cision Canada

Manulife Investment Management Announces Updates to U.S. Core Value Equity Team Français

TORONTO, June 16, 2025 /CNW/ - Manulife Investment Management today announced an update to its U.S. Core Value Equity Team. As of June 12, 2025, Jonathan T. White, CFA, Senior Portfolio Manager, has been appointed Head of the Core Value Equity team as a result of Emory W. (Sandy) Sanders, Jr., CFA, Senior Portfolio Manager, Core Value Equity, leaving the firm. Mr. White has been co-leading the team since 2020 and worked closely with Mr. Sanders and the team for more than 20 years, ensuring both continuity in leadership and team strategy. The investment philosophy, process, and core team will remain unchanged. The Core Value Equity Team, under Jonathan's leadership, is comprised of eight investment professional averaging 16-years of industry experience. This robust team structure ensures that it's well-equipped to meet client needs and support future growth, as we seek to deliver consistent risk-adjusted returns for our clients. The following mutual funds are subject to the changes mentioned above: Manulife Balanced Equity Private Pool, Manulife Global Franchise Fund, Manulife Strategic Balanced Yield Fund, Manulife U.S. All Cap Equity Class, Manulife U.S. All Cap Equity Fund, Manulife U.S. Balanced Private Trust, Manulife U.S. Dollar Strategic Balanced Yield Fund, Manulife U.S. Dollar U.S. All Cap Equity Fund and Manulife U.S. Equity Private Pool. Manulife Investment Management is a trade name of Manulife Investment Management Limited. Manulife, Manulife Investment Management, the Stylized M Design, and Manulife Investment Management & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license. About Manulife Manulife Financial Corporation is a leading international financial services provider, helping our customers make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States, providing financial advice and insurance for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2024, we had more than 37,000 employees, over 109,000 agents, and thousands of distribution partners, serving over 36 million customers. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges, and under '945' in Hong Kong. Not all offerings are available in all jurisdictions. For additional information, please visit About Manulife Wealth & Asset Management As part of Manulife Financial Corporation, Manulife Wealth & Asset Management provides global investment, financial advice, and retirement plan services to 19 million individuals, institutions, and retirement plan members worldwide. Our mission is to make decisions easier and lives better by empowering people today to invest for a better tomorrow. As a committed partner to our clients and as a responsible steward of investor capital, we offer a heritage of risk management, deep expertise across public and private markets, and comprehensive retirement plan services. We seek to provide better investment and impact outcomes and to help people confidently save and invest for a more secure financial future. Not all offerings are available in all jurisdictions. For additional information, please visit

Canada's ETF Scene Heats Up: Active, Leveraged, and Gold Strategies Make Waves
Canada's ETF Scene Heats Up: Active, Leveraged, and Gold Strategies Make Waves

Globe and Mail

time10-06-2025

  • Business
  • Globe and Mail

Canada's ETF Scene Heats Up: Active, Leveraged, and Gold Strategies Make Waves

Canada's ETF landscape is entering a new phase of innovation and specialization. In just a few weeks, three major players—Manulife, LongPoint, and BMO—unveiled a range of new funds targeting everything from actively managed income strategies to high-octane leveraged plays and gold exposure with built-in yield. As investors demand more tailored, outcome-driven products, Canadian issuers are stepping up with sharper tools and homegrown solutions. Manulife Embraces ETF Flexibility with Active Fund Series Manulife Investment Management rolled out four new ETF series, repackaging popular mutual fund strategies into low-cost, intraday-traded vehicles. The lineup spans fixed income and equity, combining active management with a focus on income and quality growth. Leading the launch is the Manulife Core Plus Bond Fund (MCOR), which blends government and corporate bonds across credit tiers to optimize returns while managing risk—an appealing option in today's rate-sensitive environment. The equity funds include Manulife Fundamental Equity Fund (MFUN), a globally diversified strategy targeting dividend growers with strong business models, and Manulife Canadian Equity Class (MCAN), which narrows that focus to Canadian companies. Rounding out the offering is the Manulife Dividend Income Fund (MDIF), aimed at investors seeking monthly income from a mix of Canadian, U.S., and global dividend payers. Together, these funds give advisors and investors new building blocks for constructing resilient, income-focused portfolios with active oversight. LongPoint Delivers First-Ever Triple-Leveraged ETFs—and Eyes Single-Stock Plays LongPoint Asset Management made headlines with the launch of Canada's first locally listed 3X leveraged and inverse ETFs, all traded in Canadian dollars. These 'Mega ETFs' offer amplified exposure to major indices and sectors—including Canadian banks (BNKU), Canadian gold miners (CGMU), and long-duration U.S. Treasuries (TLTU), as well as their -3X inverse counterparts. But LongPoint isn't stopping there. The firm recently filed for a new batch of 2x leveraged single-stock ETFs, a first-of-its-kind move in Canada. The proposed products include COIU CN, which would seek to deliver 2x the daily performance of Coinbase stock, and MSTU CN, tied to MicroStrategy. Both ETFs would charge 1.55% in management fees and are structured for traders seeking direct, amplified exposure to high-volatility U.S. tech names. BMO Rolls Out Strategist-Led ETFs and Gold Income Strategy BMO Asset Management introduced a new suite of actively managed ETFs shaped by the insights of Brian Belski, Chief Investment Strategist at BMO Capital Markets. The funds reflect BMO's broader investment themes and offer diversified equity exposure across Canadian and U.S. markets. New launches include ZBCB (Canadian Core Plus US Balanced ETF) for a diversified blend of equities and fixed income, and ZBEC (Canadian Equity Plus ETF), which balances domestic stocks with a U.S. tilt. U.S. equity-focused options include ZBVU (Large Cap Value), ZBEU (Focused Growth), and ZBDU (Dividend Growth), each designed with clear strategic positioning. Several offer both hedged and unhedged units, giving investors more flexibility to manage currency risk. Also joining BMO's lineup is ZWGD, the Covered Call Spread Gold Bullion ETF. This unique product provides exposure to long-term gold bullion holdings while generating income through a covered call spread. It's designed to enhance yield while helping to cushion downside moves in gold—an increasingly popular asset for diversification and inflation protection. Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.

Hong Kong's easier redomiciling policy ‘attracts 150 inquiries from companies'
Hong Kong's easier redomiciling policy ‘attracts 150 inquiries from companies'

South China Morning Post

time07-06-2025

  • Business
  • South China Morning Post

Hong Kong's easier redomiciling policy ‘attracts 150 inquiries from companies'

Authorities have received about 150 inquiries from companies about transferring their legal domicile status to Hong Kong after the recent passage of a law making it easier for businesses to establish themselves in the city, the treasury minister has said. Advertisement Secretary for Financial Services and the Treasury Christopher Hui Ching-yu also said on Saturday that about 180 family offices had been set up or expanded their operations in Hong Kong this year, putting the city on track to surpass its year-end goal of 200. 'Since the enactment of the relevant company re-domiciliation regime legislation on May 23, we have had a very positive response from the market, with inquiries about how [businesses] can do that and the detailed procedures,' he said. 'So far, in terms of inquiries, we have received about 150 of them, and in terms of downloads of the relevant information from our website regarding this new regime, the number is close to 10,000. 'So, I think all these are very positive in terms of how we have been drawing more companies to redomicile in Hong Kong.' Advertisement Manulife (International), the city's biggest pension provider, said on Friday that it planned to redomicile to Hong Kong from Bermuda in November, after rival AXA announced a similar decision soon after the legislation's passage. Hui said that while the redomicile regime was for all eligible companies, insurance firms were particularly interested because of the large volume of business in Asia.

Boaz Weinstein Ready to Plow Billions More Into UK Trust Fight
Boaz Weinstein Ready to Plow Billions More Into UK Trust Fight

Bloomberg

time06-06-2025

  • Business
  • Bloomberg

Boaz Weinstein Ready to Plow Billions More Into UK Trust Fight

Weeks after scoring a string of wins in his high-profile campaign for better returns from UK investment trusts, here is activist hedge fund manager Boaz Weinstein's latest message for the industry: I'm not going anywhere. 'I'm here and I'm ready to buy billions more of whatever is for sale and not effective,' Weinstein said in an interview. The comments come after he struck agreements with London-listed funds run by Janus Henderson Group Plc and Manulife Investment Management — two of the trusts he had campaigned against.

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