My No. 1 Best Canadian Growth Stock to Buy Right Now

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Written by Chris MacDonald at The Motley Fool Canada

As the world embraces digitization to get jobs done easily and efficiently, the demand for switching online with e-commerce platforms is growing among investors. Shopify (TSX:SHOP) is one such leading e-commerce platform popular among both sellers and buyers.

This company provides e-commerce platforms and services in Canada, Africa, the U.S., the Middle East, Europe, Asia Pacific, and Latin America. Here’s why I think Shopify remains among the top growth stocks investors should consider in this current environment.

A great way to play declining interest rates

Right now, it appears investors are not betting on if interest rates will decline but when.

The Bank of Canada has held interest rates steady for a few meetings now, and recent weakness in the housing market, as well as financial pressure on other parts of the economy, may pressure rates to come down…

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