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Stock impact report

TFSA: 4 Canadian Stocks to Buy and Hold Forever [Yahoo! Finance Canada]

Waste Connections, Inc. Common Shares (WCN) 
Last waste connections, inc. common shares earnings: 2/12 04:10 pm Check Earnings Report
US:NYSE Investor Relations: wasteconnections.investorroom.com
A Tax-Free Savings Account (TFSA) is an excellent investment vehicle that allows investors to earn tax-free returns within a prescribed contribution limit. For this year, the Canada Revenue Agency (CRA) has set the annual TFSA limit at $7,000, while the cumulative contribution room for individuals aged 18 or older in 2009 stands at $109,000. However, investors must exercise caution when investing through a TFSA. A decline in stock prices followed by selling at a loss can permanently reduce available contribution room, leading to capital erosion and limiting future tax-free growth potential. Therefore, investors should look to buy high-quality, resilient businesses and hold on to them over the long term. Against this backdrop, here are four Canadian stocks well suited for a buy-and-hold-forever strategy in a TFSA. Fortis Fortis TSX:FTS ) operates nine regulated utility businesses, serving about 3.5 million customers across the United States, Canada, and the Caribbean. Its focu Show less Read more
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