The recent pullbacks in the basic materials and technology sectors seem to indicate a sector rotation underway in the market. Investors are withdrawing funds from artificial intelligence-related stocks or high-risk mining stocks, rotating back into traditional defensive sectors such as financials, energy, and utilities.
If you have $45,000 in idle funds on hand and an urgent need to invest, the following three top Canadian stocks are worth buying immediately. Toronto-Dominion Bank (TD), Gibson Energy (GBNXF), and Brookfield Infrastructure Partners (BIP) are solid choices that balance income and growth.
The Canadian banking industry is the cornerstone of the country’s economy, with the Big Five banks being particularly prominent. They are mature providers of passive income, with dividend payment records spanning nearly two centuries. Toronto-Dominion Bank has been the best-performing bank stock over the past 12 months. As of the latest trading session, its share price was C$130.40, with a return of 60.5% over the past year.
If you invest in Toronto-Dominion Bank at this time, the dividend yield is 3.3%. This financial institution, with a market capitalization of C$217.9 billion, has paid dividends uninterrupted for 168 years. In fiscal 2025 (the 12 months ended October 31, 2025), its net profit surged 132% compared to fiscal 2024, reaching C$20.5 billion. Although net profit for the fourth quarter of fiscal 2025 decreased year-over-year, the bank still announced a 3% dividend increase.
Notably, this second-largest Canadian bank has been troubled by a money laundering scandal in the United States and paid a record fine of US$3 billion for it. However, its President and Chief Executive Officer, Raymond Chun, stated that management has taken decisive actions throughout 2025 to strengthen the bank and shape its future.
Gibson Energy’s latest financial results release a strong buy signal. This mid-sized oilfield service company, with a market cap of C$4.6 billion, owns over 500 kilometers of crude oil pipelines and 25.2 million barrels of storage capacity. Currently trading at C$28.46 per share, it has risen 13.3% since the start of the year and offers a generous dividend yield of up to 6%.
The company announced a nearly 5% dividend increase on February 17, 2026, marking its seventh consecutive year of dividend growth. Riley Hicks, Senior Vice President and Chief Financial Officer, stated that the continued growth of stable infrastructure cash flows contributed to this dividend increase.
In the 12 months ended December 31, 2025, the company’s gross profit and net profit increased by 7.7% and 29.9% year-over-year, reaching C$456.3 million and C$197.6 million, respectively. Infrastructure EBITDA for the fourth quarter of 2025 reached a record C$160 million. Hicks mentioned that the company’s goal over the next five years is to achieve an infrastructure EBITDA per share growth of more than 7%.
Brookfield Infrastructure Partners is an ideal stock for rotation. This company, with a market cap of C$24.5 billion, owns and operates critical infrastructure assets globally, with operations spanning midstream, transportation, utilities, and data. For the full year 2025, its net profit surged 50.4% year-over-year to US$2.5 billion.
Currently trading at C$52.76 per share (up 10.6% year-to-date), the stock offers a dividend yield of 4.7%, with an annual distribution growth target set between 5% and 9%.
To balance risk and smoothly navigate the market rotation period, investors could consider allocating the $45,000 equally, investing $15,000 each in Toronto-Dominion Bank, Gibson Energy, and Brookfield Infrastructure Partners. This would create a portfolio composed of three high-performing stocks, offering both immediate income and long-term growth potential.
