Marcin Frąckiewicz

January 24, 2026, 10:24 AM EST. Energy is the third-largest sector on the TSX, dominated by pipeline operators like TC Energy (TSX:TRP) and Keyera (TSX:KEY). Both companies offer strong, contracted cash flows and generous dividends. TC Energy focuses on natural gas pipelines across North America, supporting about 25% of consumption, with a 4.45% dividend yield and a 25-year dividend growth streak. The company forecasts annual EBITDA growth of 5% to 7% through 2028. Keyera owns the significant Key Access Pipeline System in Alberta and trades with a 4.8% dividend yield. A $1,000 investment in TRP or KEY yields roughly $44-$48 annually, making these stocks appealing for long-term income and growth amid critical energy infrastructure demand.