We’re solely two months into 2026, and the yr already feels overloaded with excessive charges, cussed inflation, and non‑cease market noise. That makes it daunting for brand new traders to determine which Canadian shares to begin with. What new traders really want is an easy place to begin that may act as a springboard for many years of progress.
Starter shares are available all styles and sizes. They offer traders a basis to construct a nicely‑diversified portfolio. To kickstart that portfolio, right here’s a trio of Canadian shares that may present the steadiness and income-earning potential for any investor to think about at present.
Fortis: A stability anchor for brand new traders
Utility shares like Fortis (TSX:FTS) are among the many most secure, defensive investments in the marketplace. Fortis operates ten areas throughout Canada, the U.S., and the Caribbean. These areas present electrical and gasoline utility companies to over three million prospects.
A part of the enchantment of investing in utilities like Fortis comes from the enterprise mannequin. Utility service is a necessity that buyers can’t commerce all the way down to cheaper service. This provides Fortis some of the spectacular defensive moats in the marketplace.
Extra importantly, Fortis generates predictable money move from its regulated portfolio of belongings. That permits Fortis to spend money on progress and pay out a strong dividend, which is a key cause Fortis is among the greatest Canadian shares to personal.
Fortis gives traders with a dependable quarterly dividend. As of the time of writing, that dividend works out to a formidable 3.40% yield. Even higher, Fortis has offered traders with beneficiant annual upticks to that dividend going again over 50 consecutive years.
That makes Fortis one in all simply two Dividend Knights in Canada, and handily makes this one of many prime Canadian shares for any investor.
Financial institution of Montreal: Dependable monetary basis
New traders want anchor shares that may ship progress and earnings over many years. That’s the place the enchantment of an enormous financial institution inventory like Financial institution of Montreal (TSX:BMO) stands out.
BMO isn’t the largest, however it’s the oldest of the large banks. The financial institution generates a secure and recurring income stream from its home and worldwide footprint. That worldwide footprint is targeted on the U.S. market, the place it’s grown lately by means of acquisitions that expanded its attain into new markets.
That enlargement enhances BMO’s robust presence in business banking and wealth administration. Throw in BMO’s engaging quarterly dividend, which it has paid for almost two centuries with out fail, and you’ve got top-of-the-line Canadian shares for brand new traders.
As of the time of writing, BMO’s dividend gives a strong 3.46% yield.
Enbridge: Greater yields and important infrastructure
Lastly, new traders considering one of the best Canadian shares to construct a portfolio want an earnings driver. A inventory that may present a rising supply of dividend earnings. That earnings can fund progress from reinvestments within the brief time period and finally present a wholesome earnings stream.
Enbridge (TSX:ENB) is the inventory that may assist make {that a} actuality.
Enbridge is an power infrastructure inventory. The corporate generates the majority of its income from long-term contracts and controlled belongings. Particularly, Enbridge operates an enormous pipeline community that hauls crude and pure gasoline. The corporate additionally operates a renewable power enterprise and a pure gasoline utility.
Collectively, these companies generate a recurring income stream that leaves room for progress and that engaging dividend traders are searching for.
As of the time of writing, that dividend works out to five.77%. Enbridge has additionally offered annual upticks to that dividend going again three many years with out fail. That reality alone makes it one of many strongest dividends in the marketplace.
Canadian shares to begin 2026 robust
Enbridge, BMO, and Fortis are nice long-term picks that may present a gentle, rising supply of earnings that may final many years. Additionally they present defensive enchantment for what continues to be a really risky market.
For brand spanking new traders deciding how a lot to allocate or the place to start, the reply is straightforward. One or all of those Canadian shares would do nicely as a part of any well-diversified portfolio.
