Investing

Top 5 Canadian Blue-chip stocks to invest in

Blue-chip stocks are core holdings for investors seeking long-term growth with a measure of stability. These companies are large, well-established, and typically have strong balance sheets, regular dividend histories, and the scale to weather economic cycles. Below is a concise, practical review of five Canadian blue-chip names that often appear on long-term investor watchlists, with the strengths, potential drawbacks, and the type of investor each stock may suit. What makes a Canadian blue-chip stock? A blue-chip company in Canada usually has multibillion-dollar market capitalization, consistent earnings and dividend records, and leadership within its sector. These stocks are frequently used to anchor portfolios because they offer predictable cash flow and established business models. Still, "safe" does not mean risk-free sector cycles, regulatory changes, and macro conditions can affect performance. Quick snapshot of the five picks Enbridge Inc. — Energy infrastructure specialist (pipelines, gas storage). Market cap: ~US$103 billion. Strong dividend growth history. Royal Bank of Canada (RBC) — One of Canada's largest banks with international operations and diversified financial services. Canadian National Railway — North American rail network operator, growth in…
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Student BMO CashBack Mastercard

The Student BMO CashBack Mastercard is a no-annual-fee credit card built for post-secondary students who want a simple cash back program and an opportunity to build credit. It combines a short promotional bonus with steady rewards on everyday categories and basic purchase protections, making it a straightforward choice for budget-conscious students. Key Features at a Glance No annual fee. Introductory cashback: 5% on all purchases for the first three months (capped at $2,500 in spending). Ongoing cashback rates: 3% on groceries, 1% on recurring bill payments, and 0.5% on all other purchases. Cashback redemption options: Statement credit, deposit to a BMO bank account, or invest through a BMO InvestorLine account. Purchase protection and extended warranty included. Interest rates: Standard purchase rate 19.99%; cash advance 22.99% (21.99% for Quebec residents). Eligibility and Application Notes Applicants must be enrolled in a recognized post-secondary institution. The application requests income information, which can include employment income, scholarships, grants, or financial support from family. Approval can be more challenging for students without steady income. Reporting family support, scholarships, or grants is common, but some applicants…