Written by Adam Othman at The Motley Fool Canada
Building a sizable nest egg in your Tax-Free Savings Account (TFSA) can be arduous if you rely solely on dividend or conservative growth stocks. The yearly contribution limit of the TFSA has already reduced the total amount you can park in this account, so you have to make up for it with relatively robust growth stocks.
A retail chain
Montreal-based Dollarama (TSX:DOL) has a long and proud history. You can trace its origin back to the early twentieth century when it started out with a single store. Now, there are over 1,500 stores under the Dollarama banner and the company has grown its geographic footprint to include Peru. The company is on track to open 2,000 stores by 2031.
The footprint is impressive, and about 85% of the Canadian population lives within 10 kilometres of a Dollarama store. While the business model and reach are impressive, the most alluring…
