Top Canadian Stocks to Buy Now With $2,000

Many people who have been thinking about investing in the stock market don’t realize that it’s not necessary to have a fortune to throw into the market and make big moves to be successful. With the right investments and plenty of discipline, and by unlocking the power of compounding, you can even take $2,000 and turn it into the seed money needed to generate substantial wealth growth.

The key is to identify investments that you can buy and hold for the long run and count on to provide consistent returns. This also means having the stomach to look through the noise when the bear market phases hit and hold on for dear life with the right investments in your self-directed portfolio.

Look for stocks with fundamentally solid businesses that can create a relatively safer growth-focused portfolio. While no investment in the stock market is risk-free, these two TSX stocks can be good holdings against this backdrop to consider.

Loblaw

Loblaw Companies Ltd. (TSX:L) is a $71.3 billion market capitalization giant in the Canadian retail sector. It is the country’s largest retailer and the biggest company selling food and pharmaceutical products. With groceries, apparel, financial services, general merchandise, and more among its offerings, it is as solid a business as can be when it comes to retail.

If you’re looking for a defensive investment to own for the long run, Loblaw fits the bill. The key advantage it has is its proximity to customers. It is an interesting fact that an estimated 90% of Canada’s population lives within 10 kilometres of a Loblaw store. With its partnership with DoorDash four years ago, it can reach an even greater customer base through deliveries.

As of this writing, it trades for $61.02 per share and pays $0.14108 in quarterly dividends per share. While that amounts to a meager 0.92% annualized dividend yield, the potential for long-term returns with capital gains can make it a worthwhile investment.

Rogers Sugar

Rogers Sugar Inc. (TSX:RSI) is a more income-focused investment to consider for those who do not find the dividend yield of Loblaw stock attractive enough. As of this writing, it trades for $6.36 per share and pays $0.09 per share each quarter, translating to a more attractive 5.7% annualized dividend yield.

The dividend yield alone makes it an attractive investment, but there is more to it. Sigar is a low-growth business, but it is a staple in homes and a critical ingredient in various industries. The demand for sugar might not be growing exponentially, but it also doesn’t go away regardless of economic cycles. Being the largest producer of refined sugar and maple syrup in the country, Rogers Sugar is a compelling investment to consider adding to your self-directed portfolio.

Foolish takeaway

Seasoned investors know that being a good investor is not about the size of your capital. Rather, it is about how you make the most of what you have. If the businesses you invest in have what it takes, your investments can provide you with the kind of outsized long-term returns that can help you achieve your financial goals. To this end, I think Loblaw stock and Rogers Sugar stock can be excellent foundations for your self-directed investment portfolio.

The post Top Canadian Stocks to Buy Now With $2,000 appeared first on The Motley Fool Canada.

Should you invest $1,000 in Loblaw Companies Limited right now?

Before you buy stock in Loblaw Companies Limited, consider this:

The Motley Fool Canada team has identified what they believe are the top 10 TSX stocks for 2026… and Loblaw Companies Limited wasn’t one of them. The 10 stocks that made the cut could potentially produce monster returns in the coming years.

Consider MercadoLibre, which we first recommended on January 8, 2014 … if you invested $1,000 in the “eBay of Latin America” at the time of our recommendation, you’d have over $18,000!*

Now, it’s worth noting Stock Advisor Canada’s total average return is 94%* – a market-crushing outperformance compared to 85%* for the S&P/TSX Composite Index. Don’t miss out on our top 10 stocks, available when you join our mailing list!

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* Returns as of April 20th, 2026

More reading

• 4 TSX Stocks to Buy When Investors Flee Risk
• Why This Steady 5.4% Yield Makes an Ideal TFSA Stock
• The TSX Stocks I’d Use to Anchor a More Defensive 2026 Portfolio
• Canadian Defensive Stocks to Buy Now for Stability
• The Safer Dividend Stocks I’d Consider If I Had $20,000 to Put to Work

Fool contributor Adam Othman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.