How to Use Your TFSA to Average $1,265 Per Year in Tax-Free Passive Income [Yahoo! Finance Canada]
Enbridge Inc (ENB)
Last enbridge inc earnings: 2/14 07:00 am
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Source: Yahoo! Finance Canada
Investing in leading Canadian dividend stocks inside a Tax-Free Savings Account (TFSA) can help generate tax-free passive income. If you still have available TFSA contribution room, it may be worth focusing on companies with a long history of paying dividends and also increasing them over time. Many of the top dividend-paying TSX stocks are supported by solid balance sheets, reliable cash flow, and business models that can withstand even challenging economic conditions. This strength often puts them in a better position to sustain dividend payments through different market cycles. With that in mind, let's explore some of the top TSX dividend stocks and estimate how much you would need to invest in order to earn an average of $1,265 per year in tax-free income. Passive income stock #1: SmartCentres REIT TFSA investors looking to build a reliable stream of passive income could consider SmartCentres REIT TSX:SRU.UN ). Known for its durable payouts and convenient monthly distribu
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News
- A 6% Yield Pipeline Stock That Could Have a Breakout Year [Yahoo! Finance Canada]Yahoo! Finance Canada
- 2 Canadian Dividend Stars That Are Still A Good Price [Yahoo! Finance Canada]Yahoo! Finance Canada
- Is Enbridge (TSX:ENB) Still Attractive After Strong Multi Year Share Price Gains [Yahoo! Finance Canada]Yahoo! Finance Canada
- Enbridge (ENB) Reports Next Week: Wall Street Expects Earnings Growth [Yahoo! Finance Canada]Yahoo! Finance Canada
- Best Stock to Buy Right Now: Enbridge or TC Energy? [Yahoo! Finance Canada]Yahoo! Finance Canada
ENB
Earnings
- 11/7/25 - Beat
ENB
Sec Filings
- 12/3/25 - Form 8-K
- 11/20/25 - Form 8-K
- 11/19/25 - Form 424B5
- ENB's page on the SEC website