![\"TFSA](\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/05\/71ff8761f654b857a02ee4e0d40f7c1c.jpeg\")
Source: Getty Images <\/p>\n Source: Getty Images <\/p>\n
Written by Demetris Afxentiou<\/a> at The Motley Fool Canada<\/p>\n The Bank of Canada recently announced yet another hold on interest rates. That\u2019s the fourth consecutive hold, leaving the overnight rate at 2.25%. In fact, the last time that the rate was changed was back in October of 2025. That hold represents an opportunity for investors looking at their TFSA now.<\/p>\n This environment supports investors who want to position their TFSA now for long-term, tax-free growth.<\/p>\n What a pause means for investors <\/p>\n Keeping rates locked at 2.25% reflects that inflation is under control and economic growth is proceeding, despite global uncertainties. For TFSA investors, the opportunity comes in the form of lower volatility that favours income-producers, which are typically capital-intensive.<\/p>\n That includes utilities, banks, and even some REITs. In a TFSA<\/a> where growth compounds tax-free, this creates a unique opportunity for investors, provided the right stocks are selected.<\/p>\n Here are three options for investors to add to their TFSA now.<\/p>\n Emera offers defensive stability <\/p>\n Emera (TSX:EMA<\/a>) is a regulated utility giant with operations in Canada, the U.S., and the Caribbean. Utility stocks<\/a> are known for their reliable, albeit boring business models, impressive dividend histories and capital-intensive nature.<\/p>\n With rates remaining at current levels, the capital aspect remains in check. That benefits a utility that\u2019s focused on growth, such as Emera. The utility\u2019s five-year capital plan allocates nearly $20 billion towards improvements, the bulk of which is in high-growth markets such as Florida.<\/p>\n Emera offers investors an appetizing quarterly dividend, which, as of the time of writing, works out to a yield of 4.1%. The company has also provided annual upticks to that dividend, making it an ideal candidate for any long-term TFSA now.<\/p>\n For investors seeking stability, Emera aligns well with the defensive approach many are taking in their TFSA now.<\/p>\n TD Bank provides value and income <\/p>\n Another great option for investors to consider adding to their TFSA now is Toronto-Dominion Bank (TSX:TD<\/a>). TD is the second-largest of the big bank stocks<\/a> and offers cross-border banking operations and wealth management options.<\/p>\n The bank\u2019s presence in the U.S. stretches from Maine to Florida along the East Coast, making it one of the larger banks in that market.<\/p>\n Turning to income, TD has paid dividends for nearly two centuries without fail. For investors looking to add TD to their TFSA now, the bank offers a yield of 3%. Like Emera, TD has also provided annual bumps to that dividend, with the current increase streak running over a decade.<\/p>\n TD\u2019s mix of growth and income makes it a natural fit for anyone building a TFSA now with long-term goals in mind.<\/p>\n RioCan REIT benefits from a steadier rate backdrop <\/p>\n REITs<\/a> represent another capital-intensive sector that is among the most rate\u2011sensitive. The impact of a hold from the Bank of Canada helps REITs to ease pressure on financing costs and asset valuations.<\/p>\n One REIT for investors to put into a TFSA now is RioCan (TSX:REI.UN<\/a>). RioCan is one of the largest REITs in Canada, with a portfolio of necessity\u2011based retail that is adding mixed\u2011use development projects into the mix.<\/p>\n RioCan generates a steady income stream and pays out a distribution on a monthly cadence, much like a landlord. Investors looking at a RioCan position in a TFSA now should note that those distributions are sheltered from tax. The REIT currently offers a yield of 5.3%.<\/p>\n Will you add these to your TFSA now? <\/p>\n A rate hold from the Bank of Canada creates a window of stability, and that\u2019s an opportunity for TFSA investors. Emera, TD Bank, and RioCan each offer options for income-seeking investors as well as defensive appeal.<\/p>\n In my opinion, one or all of these stocks would do well in a TFSA now as part of a larger, well-diversified portfolio.<\/p>\n The post The Bank of Canada Held Rates: Here\u2019s What I\u2019d Buy in a TFSA Now<\/a> appeared first on The Motley Fool Canada<\/a>.<\/p>\n Should you invest $1,000 in Emera right now? <\/p>\n Before you buy stock in Emera, consider this:<\/p>\n The Motley Fool Canada team has identified what they believe are the top 10 TSX stocks for 2026\u2026 and Emera wasn\u2019t one of them. The 10 stocks that made the cut could potentially produce monster returns in the coming years.<\/p>\n Consider MercadoLibre, which we first recommended on January 8, 2014 \u2026 if you invested $1,000 in the \u201ceBay of Latin America\u201d at the time of our recommendation, you\u2019d have over $18,000!*<\/p>\n Now, it\u2019s worth noting Stock Advisor Canada\u2019s total average return is 94%* \u2013 a market-crushing outperformance compared to 85%* for the S&P\/TSX Composite Index. Don\u2019t miss out on our top 10 stocks, available when you join our mailing list!<\/p>\n Get the 10 stocks instantly<\/a><\/p>\n * Returns as of April 20th, 2026<\/p>\n More reading<\/p>\n Fool contributor Demetris Afxentiou<\/a> has positions in Toronto-Dominion Bank. The Motley Fool recommends Emera. The Motley Fool has a disclosure policy<\/a>.<\/p>\n 2026<\/p>\n","protected":false},"excerpt":{"rendered":"Source: Getty Images Written by Demetris Afxentiou at The Motley Fool Canada The Bank of Canada recently announced…\n","protected":false},"author":2,"featured_media":42698,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[693,17,2292,3976,18650,18649],"class_list":["post-42697","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-bank-of-canada","tag-canada","tag-fool-canada","tag-investors","tag-td-bank","tag-tfsa"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/42697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=42697"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/42697\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/42698"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=42697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=42697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=42697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}