Numerous reasons contribute to the prevalence of Canadian utility stocks in investment portfolios in Canada. Primarily, they provide the crucial advantage of stability.
The best utility stocks typically operate in a highly regulated environment, providing consistent revenues that lead to fewer surprises. In the end, this lowers the overall volatility of Canadian utility stocks.
Lets go over some of the best utility stocks in Canada today. Of note, if you’d like to view our in-depth research on each company, simply click the links in the table below or keep scrolling.
What are the best utility stocks in Canada?
Fortis (TSE:FTS)
A Canadian utility stock list wouldn’t be the same without Fortis (TSX:FTS). The company is dual-listed, meaning it trades on the TSX and the New York Stock Exchange (NYSE).
The large-cap company is one of North America’s top 15 utility companies and continues to serve its customers with reliable,…
