A Perfect TFSA Pair for 2026: 2 Stocks I’d Buy Now

Love costs more than it used to, and that reality shows up everywhere, even in dating. BMO‘s latest Real Financial Progress Index says Canadians spend about $174 per date, yet nearly half of single Canadians do not think dating feels financially worth it, and about half say inflation has pushed them toward fewer or cheaper dates.

More than half have gone on zero dates in the past year. Investing can feel similar after a market wobble. A simple Tax-Free Savings Account (TFSA) pairing lowers the pressure and helps you get back out there with a little balance, instead of trying to nail the “perfect” pick on day one.

BAM

Brookfield Asset Management (TSX:BAM) fits that restart mindset as it earns fees for managing money, not for guessing the next commodity swing. It runs alternative strategies across infrastructure, real estate, private equity, and credit. That mix matters right now because pension funds and insurers still need returns, governments still lean on private capital, and huge projects still need patient partners. Brookfield sells access and execution, and demand for both has stayed strong.

The last year kept Brookfield in the headlines for reasons that actually support a long-term TFSA case. It leaned harder into artificial intelligence (AI)-linked infrastructure, including big ambitions around data centres and the power and connectivity that sit behind them. It also pushed to deepen its credit reach through its plan to buy the remaining stake in Oaktree, which can make credit an even bigger driver of fee growth over time.

Recent earnings show why the story keeps working. In its latest quarterly update, Brookfield reported fee-related earnings of about US$867 million, or US$0.53 per share, and distributable earnings of about US$767 million, or US$0.47 per share. It also highlighted record fundraising, with roughly US$35 billion raised in the quarter and about US$112 billion raised in 2025. Meanwhile, it offers a 3.9% dividend yield while trading at a reasonable 34 times earnings.

FNV

Franco-Nevada (TSX:FNV) plays a totally different role in the pair. It doesn’t run mines, but finances miners through royalties and streams, then collects a slice of production or revenue. That structure can feel boring, and that’s the point. It keeps exposure to gold and other metals without the same operating headaches miners face, like cost overruns, labour disputes, or sudden permitting drama. In a TFSA, that steadier profile can act like ballast when growth names get choppy.

The last year brought its own set of catalysts. Gold prices helped, and Franco-Nevada also benefited from deliveries tied to Cobre Panamá concentrate that remained on site after the mine’s suspension, which supported results in a quarter that already enjoyed strong pricing. That boost won’t repeat forever, yet it shows how a diversified royalty portfolio can still find cash flow in unexpected corners of the cycle.

In its latest reported quarter, Franco-Nevada reported revenue of about US$487.7 million, up sharply year over year, and it delivered adjusted net income of about US$275 million. It tends to pay a smaller dividend yield than many Canadian income names at just 0.7%, so you buy it for durability and optionality, not for a big cheque today.

Bottom line

No pair guarantees a happy ending. Brookfield can lag if dealmaking freezes, and Franco-Nevada can disappoint if gold fades or if key counterparties stumble. Yet even these two can be a perfect pair from dividends alone with a $7,000 investment.

COMPANYRECENT PRICENUMBER OF SHARESANNUAL DIVIDENDANNUAL TOTAL PAYOUTFREQUENCYTOTAL INVESTMENTFNV$333.7020$2.42$48.40Quarterly$6,674.00BAM$70.4899$2.75$272.25Quarterly$6,977.52

If the dating survey tells us anything, people want less financial stress and more confidence, and this kind of pairing aims for exactly that, as long as you can stick with it through the awkward first few months.

The post A Perfect TFSA Pair for 2026: 2 Stocks I’d Buy Now appeared first on The Motley Fool Canada.

Should you invest $1,000 in Brookfield Asset Management Ulc right now?

Before you buy stock in Brookfield Asset Management Ulc, consider this:

The Motley Fool Canada team has identified what they believe are the top 10 TSX stocks for 2026… and Brookfield Asset Management Ulc 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 $21,827.88!*

Now, it’s worth noting Stock Advisor Canada’s total average return is 102%* – a market-crushing outperformance compared to 81%* for the S&P/TSX Composite Index. Don’t miss out on our top 10 stocks, available when you join our mailing list!

Get the 10 stocks instantly #start_btn6 { background: #0e6d04 none repeat scroll 0 0; color: #fff; font-size: 1.2em; font-family: 'Montserrat', sans-serif; font-weight: 600; height: auto; line-height: 1.2em; margin: 30px 0; max-width: 350px; text-align: center; width: auto; box-shadow: 0 1px 0 rgba(0, 0, 0, 0.5), 0 1px 0 #fff inset, 0 0 2px rgba(0, 0, 0, 0.2); border-radius: 5px; } #start_btn6 a { color: #fff; display: block; padding: 20px; padding-right:1em; padding-left:1em; } #start_btn6 a:hover { background: #FFE300 none repeat scroll 0 0; color: #000; } @media (max-width: 480px) { div#start_btn6 { font-size:1.1em; max-width: 320px;} } margin_bottom_5 { margin-bottom:5px; } margin_top_10 { margin-top:10px; }

* Returns as of January 15th, 2026

More reading

• Build a Cash-Gushing Passive Income Portfolio With Just $15,000
• How to Bridge the Gap When CPP and OAS Won’t Cover Your Expenses
• 3 Top Canadian Stocks to Buy Immediately With $7,000
• The (Only!) Canadian Stock I’d Trust for the Next 10 Years
• Your Path to TFSA Millions: 3 Canadian Stocks for Generational Wealth

Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool recommends Brookfield Asset Management. The Motley Fool has a disclosure policy.