Canadian TSX stocks identified for TFSA growth and income

Investors utilizing Canada’s Tax-Free Savings Account (TFSA) are looking toward specific TSX-listed stocks to drive long-term growth and monthly income.

Bird Construction (TSX:BDT) is noted for its operating momentum, reporting a 16.5% year-over-year revenue increase for the first half of 2026 and a 30.1% surge in adjusted earnings per share. The company maintains exposure to sectors such as data centers, defense, and critical minerals.

Dollarama (TSX:DOL) offers growth potential through its extensive discount retail network in Canada and Australia, alongside its majority stake in Dollarcity, which operates across Latin America. The company aims to expand its store counts significantly by fiscal 2034.

For income-focused strategies, Mullen Group (TSX:MTL) and Surge Energy (TSX:SGY) are highlighted for their dividend yields and operational performance. Additionally, Dream Industrial REIT (TSX:DIR.UN) is identified as a potential component for diversified monthly payouts within a TFSA portfolio.