Investing your Tax-Free Financial savings Account (TFSA) contribution in shares may make a giant distinction in the long term. However with so many decisions out there, it may very well be an astute transfer to deal with firms that mix sturdy monetary efficiency with clear long-term progress potential.
And for those who’re trying to make investments your 2026 TFSA greenback restrict of $7,000 in some basically sturdy firms, many Canadian shares are price contemplating for his or her capability to ship each earnings and capital appreciation. On this article, I’ll highlight two such shares that would match nicely in a long-term TFSA portfolio.
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Nutrien inventory
Nutrien (TSX:NTR) is one such sturdy 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 energy 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 strong financials have been primarily pushed by increased 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 resulting from sturdy offshore demand and better realized costs.
As well as, Nutrien’s latest progress has additionally been supported by its deal with 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 initiatives 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 achieve 14.1 to 14.8 million tonnes, whereas nitrogen volumes are forecast at 9.2 to 9.7 million tonnes.
With a deal with operational effectivity, disciplined capital allocation, and long-term free money move progress, Nutrien appears to be like well-positioned for the years forward. Its dependable dividends with a 2.9% yield make this inventory much more rewarding for TFSA buyers.
Northland Energy inventory
Northland Energy (TSX:NPI) may very well be one other sturdy contender for TFSA buyers searching for a mixture of long-term progress and earnings. The corporate develops and operates a diversified portfolio of power property, together with offshore wind, photo voltaic, battery storage, and pure fuel. 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 presents 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 step with steering. Its free money move reached $1.46 per share, exceeding expectations. This progress is being pushed by its sturdy offshore wind manufacturing and an increasing power pipeline.
Curiously, the corporate goals to double its gross working capability to 7 GW by 2030, supported by a transparent funding plan and deal with key areas like Canada and Europe. For 2026, administration expects adjusted EBITDA between $1.45 billion and $1.65 billion, with free money move projected between $1.05 to $1.25 per share.
Main initiatives reminiscent of Baltic Energy, anticipated to start operations within the second half of 2026, and the Hai Lengthy challenge focused for 2027, are more likely to help future earnings progress. On the similar time, its streamlined working mannequin ought to enhance effectivity throughout this growth section.
