Canadian dividend stocks highlighted for long-term growth

Various Canadian companies are being highlighted for their consistent dividend growth and reliable cash flows.

Canadian Utilities holds the longest dividend increase streak in Canada at 54 consecutive years. The company operates electricity and natural gas infrastructure in Canada and Australia, with a planned $12 billion investment between 2026 and 2030 to support regulated operations.

Other notable dividend performers include Toromont, which has a 37-year streak, and Thomson Reuters with 33 years. Fortis maintains a 52-year streak, though its dividend growth rate has shown a downward trend in recent years.

In the insurance sector, Sun Life Financial is identified as a provider of consistent income, leveraging wealth operations and insurance cash flows across Canada, the United States, and Asia.