Top Canadian ETFs for Building Passive Income in 2026
Generating stable passive income is a smart way to build wealth over the long term. Investments such as high-yield exchange-traded funds (ETFs) offer flexibility and instant diversification, allowing…
Highlights
High-yield ETFs like BMO Canadian High Dividend Covered Call ETF and BMO Covered Call Canadian Banks ETF offer yields of 5.6% and 5.2% respectively.
Canadian equity ETFs are a logical foundation for a portfolio due to their tax efficiency and avoidance of currency conversion.