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The Truth About Defensive Investing in Canada Right Now

September 21, 2026

50% tariffs are here — is your portfolio ready? 1. Canadian utilities like Fortis and Hydro One operate almost entirely within Canada, meaning zero direct tariff exposure — and Fortis has now raised its dividend 52 consecutive years in a row. → 52 consecutive years 2. Utility yields in Canada currently run closer to 3.5–4.5%, giving you steady income while the broader market gets rattled by trade war noise. → 3.5–4.5% 3. Consumer staples now need individual screening — dairy processors like Saputo face direct 50% tariff exposure on U.S.-bound products, so not all ‘defensive’ stocks are actually safe right now. → 50% 4. Hold your dividend-paying defensive stocks inside your TFSA — your 2026 contribution room is $7,000 — or your RRSP, with a 2026 limit of $33,810, to shelter that income from tax. → $33,810 Full sector breakdown 🌐 getwealthy.blog #CanadaFinance #PersonalFinance #CanadianMoney #MoneyTips #canada

Written by
GetWealthy
CFPCIM17+ yrs · Big Five Bank · Vancouver, BC

Certified Financial Planner (CFP) and Chartered Investment Manager (CIM) with over 17 years of experience in Canadian personal finance. Spent 10+ years at one of Canada's Big Five banks, the last 7 focused exclusively on high-net-worth clients. Every guide is written with the same depth I bring to real client work — Canada-specific, CRA-verified, and always free.

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