Picture supply: Getty Photographs
You don’t want a big quantity to start out investing in high-quality Canadian shares. Even a modest quantity like $7,000 may be sufficient to construct a basis with corporations which can be essentially robust and positioned for long-term development. With endurance and a buy-and-hold mindset, smaller investments can compound meaningfully over time.
Notably, for 2026, the Tax-Free Financial savings Account (TFSA) contribution restrict is $7,000, making it a really perfect car for fairness investing. Any positive aspects earned inside a TFSA, whether or not from capital appreciation or dividends, are fully tax-free. Through the years, this tax benefit could make a considerable distinction to your complete returns.
With that context in thoughts, listed here are two Canadian shares to contemplate shopping for with a $7,000 TFSA contribution in 2026.
High Canadian inventory #1: CES Power
CES Power (TSX:CEU) is a high Canadian inventory to purchase now. The corporate provides specialty chemical options that assist oil producers increase effectivity whereas defending their infrastructure all through the manufacturing lifecycle.
The enterprise has been benefiting from a beneficial product combine and rising demand, pushed by larger service depth in upstream operations. Latest acquisitions have additional strengthened its platform, contributing to strong income development. Due to its strong financials, its shares are up greater than 24% thus far this yr and over 75% prior to now 12 months.
Regardless of this robust run, CES Power’s strong development prospects point out additional upside potential. Ongoing upstream exercise, growing use of superior chemical options, and rising service depth create alternatives for income growth. On the similar time, CES’s vertically built-in mannequin, intensive infrastructure community, and environment friendly procurement capabilities present the corporate with a aggressive edge.
Supporting the constructive outlook for CES Power inventory is its capital-light working mannequin, which generates wholesome free money move. Additional, with U.S.-weighted income, built-in North American operations, and a dependable provide chain, CES is well-positioned to navigate market volatility and ship robust returns.
High Canadian inventory #2: Power Fuels
Power Fuels (Tsx:FR) is one other high TSX-listed inventory to purchase and maintain for the long run. It’s a main producer of uranium, uncommon earth components, and different strategic supplies, positioning it properly to capitalize on alternatives arising from decarbonization, electrification, and vitality safety.
The demand for domestically produced uranium stays robust, supporting the pricing. Additional, the corporate’s rising revenues and low-cost uranium manufacturing are translating into wholesome money margins. As operational efficiencies proceed to enhance and prices decline, gross margins are anticipated to broaden additional, strengthening general profitability.
Power Fuels can also be making regular progress in its rare-earth components enterprise. The corporate is working to change into the most important absolutely built-in rare-earth producer exterior China, with capabilities spanning oxides, metals, and alloys. Its proposed acquisition of Australian Strategic Supplies could be a significant step towards supporting its development.
Total, rising uranium demand, energy within the uncommon earth components enterprise, and price administration create a powerful basis for sustained development.
The underside line
CES Power and Power Fuels are high Canadian shares to purchase with $7,000 in 2026. CES Power is ready to profit from robust demand for its merchandise, led by ongoing upstream exercise and its capability to generate strong free money move. On the similar time, Power Fuels offers publicity to strategic commodities benefiting from world vitality and decarbonization developments. Collectively, these TSX shares will help traders generate tax-free returns over time if held inside a TFSA.