Investing in These Three Quality Canadian Stocks

从Rivian、Lucid到特斯拉,一场关于生存与胜出的博弈
Published on: Jan 23, 2026
Author: Amy Liu

Investing 2000 Canadian dollars in the stock market is far wiser than spending it on things that only bring fleeting pleasure. This money won’t disappear into thin air; instead, it transforms into productive assets that can appreciate over time. Choosing the right stocks to invest in can lay a solid foundation for long-term financial security.

The Toronto Stock Exchange (TSX) offers countless investment options, and the high-quality Canadian stocks currently worth buying with 2000 Canadian dollars include: Barrick Gold (TSX:ABX), North West Company (TSX:NWC), and Brookfield Renewable Partners (TSX:BEP.UN). This combination features gold-driven growth momentum, defensive income, and long-term renewable energy growth potential.

The Gold Standard

Barrick Gold is not only the gold standard in Canada’s mining sector but also a perfect tool for hedging against economic uncertainty. With escalating geopolitical tensions, gold prices are climbing towards $5000 per ounce this month. People are seeking hedges and safety nets.

With a market capitalization of 116.6 billion Canadian dollars, Barrick is Canada’s tenth-largest listed company. According to published data, the company’s all-in sustaining cost for maintaining mine operations and gold production in the third quarter of 2025 was $1562 per ounce, while the latest gold price has reached $4780 per ounce.

Because of this, Barrick’s free cash flow in that quarter surged by 233% compared to the same period in 2024, reaching 1.47 billion US dollars. Mark Hill, the Group’s Chief Operating Officer and interim President & CEO, said, “Higher gold production, lower costs, and strong commodity prices collectively drove Barrick to create record cash flow in the third quarter.”

In terms of performance, ABX’s trend aligns with the TSX bull market in 2025. The stock price is currently 67.84 Canadian dollars per share, with a price return of +202.51% over the past year. Existing investors enjoy a stable dividend of 1.39%, in addition to a year-to-date return of 13.5%.

A Defensive Holding

North West Company is one of the oldest retail enterprises in the world. Investing in this stock means choosing a defensive stock and gaining reliable dividend income. NWC’s current stock price is 49.45 Canadian dollars per share, with a dividend yield of 3.35%, and it has maintained a consecutive dividend payment record for 14 years.

This retailer, with a market capitalization of 2.3 billion Canadian dollars, serves underserved rural communities and urban neighborhood markets. In these hard-to-reach areas, its stores are the primary shopping destinations for local residents to meet their daily household needs.

Although profits fluctuate with the sales environment and exchange rates, this diversified multi-billion-dollar enterprise reports consistent profitability year after year.

Canadian Stocks Clean Energy Consumer Products and Services Gold Precious Metals