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Stock impact report

Where to Invest Your $7,000 TFSA Contribution for Long-Term Gains [Yahoo! Finance Canada]

Enbridge Inc (ENB) 
Last enbridge inc earnings: 2/14 07:00 am Check Earnings Report
US:NYSE Investor Relations: enbridge.com/investment-center/dashboard
A new year means a fresh $7,000 TFSA contribution limit. For many Canadians, the question is simple. Where should that money go to generate long-term growth and steady returns? The TFSA is one of the most powerful wealth-building tools available, and choosing the right stocks can turn a single contribution into decades of tax-free compounding. The best TFSA picks have some shared traits. They include reliable earnings, sustainable dividends, and long-term growth potential. They aren't flashy either. Instead, they just quietly execute year after year. Here's a look at two of those high-quality dividend stocks that investors can steer their $7,000 TFSA contribution towards. Option 1: Enbridge Enbridge TSX:ENB ) is one of the largest energy infrastructure companies on the planet. The company generates the bulk of its revenue from its pipeline business, which contains both crude and natural gas elements. The sheer volumes involved make Enbridge one of the most defensive picks on Show less Read more
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