Lengthy-term investing is a confirmed technique for wealth creation, serving to buyers navigate short-term market volatility whereas benefiting from compounding. Nevertheless, constructing a profitable long-term portfolio requires selecting high quality companies with robust fundamentals, dependable money flows, and sustainable progress prospects. Traders can additional improve their returns by holding these shares in a Tax-Free Financial savings Account (TFSA), permitting their funding positive aspects and earnings to develop tax-free. Towards this backdrop, let’s discover 4 TSX shares that could possibly be glorious additions to a long-term portfolio.

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Aritzia
Aritzia (TSX: ATZ) is a Canadian ladies’s vogue home and premium attire retailer with 146 boutiques throughout North America and a robust digital presence. Backed by strong monetary progress and continued growth, the corporate has delivered a powerful 795% return over the previous decade, representing an annualized acquire of 24.5%.
Its progress momentum stays robust, as mirrored in its spectacular second-quarter fiscal 2027 outcomes. Income surged 44.1% 12 months over 12 months, whereas adjusted EBITDA jumped 99.7%. Additional, its adjusted EBITDA margin expanded by 580 foundation factors to 21%, and it generated $303.2 million in working money circulation.
Wanting forward, Aritzia plans to open 12–15 boutiques and reposition 5–7 present areas yearly by means of 2032, focusing on mid-teens annualized progress in retail area. It additionally goals to extend North American digital web income to $4.1–$4.5 billion by 2032, representing 20% annualized progress.
Total, administration expects income to achieve $9.5–$10.5 billion by 2032, implying annualized progress of 15–17%. With plans to increase its product choices, strengthen digital advertising, and improve buyer loyalty, Aritzia is well-positioned to maintain its progress momentum, making it a gorgeous addition to a long-term TFSA portfolio.
Waste Connections
Second on my checklist is Waste Connections (TSX: WCN), a number one supplier of non-hazardous stable waste assortment, switch, and disposal providers. The corporate primarily operates in secondary and unique markets throughout america and Canada, the place it faces comparatively much less competitors and advantages from stronger pricing energy. These aggressive benefits have supported its margins and constant monetary efficiency. Furthermore, its disciplined acquisition technique, complemented by natural progress, has pushed enterprise growth and shareholder returns. Over the previous decade, Waste Connections has delivered a powerful return of roughly 350%, representing an annualized acquire of 16.2%.
Wanting forward, the corporate continues to pursue strategic acquisitions, supported by its wholesome money flows and stable steadiness sheet. It is usually rising its renewable pure gasoline (RNG) portfolio, creating further progress alternatives. In the meantime, investments in superior applied sciences and worker retention may enhance operational effectivity, strengthen margins, and assist long-term profitability. Given its resilient enterprise mannequin, constant money technology, and a number of progress drivers, Waste Connections seems well-positioned to ship sustainable returns, making it a great long-term purchase.
Fortis
Fortis (TSX: FTS) is one other engaging TSX inventory for a long-term TFSA portfolio, supported by the important nature of its enterprise and extremely regulated asset base. The utility serves roughly 3.5 million electrical energy and pure gasoline clients throughout Canada, america, and the Caribbean. Notably, most of its belongings are concentrated in low-risk transmission and distribution operations, shielding its monetary efficiency from market volatility and commodity worth fluctuations. Backed by this resilient enterprise mannequin, Fortis has delivered a powerful 550% return over the previous 20 years, representing an annualized acquire of 9.85%. The utility has raised its dividend payouts for the final 53 years and presently affords a ahead yield of three.2%.
Wanting forward, Fortis continues to increase its asset base to assist long-term progress. The corporate invested $4.2 billion throughout the first three quarters and stays on monitor to speculate $6 billion this 12 months. Additional, its five-year capital funding plan requires spending $32.2 billion to increase its fee base to $63.9 billion by the tip of 2032, representing annualized progress of seven.5%. These investments ought to strengthen its regulated operations, assist regular earnings progress, and create a stable basis for future shareholder returns. Given its defensive enterprise mannequin and visual progress prospects, Fortis could possibly be a compelling addition to a long-term TFSA portfolio.
Enbridge
My remaining choose is Enbridge (TSX: ENB), which operates greater than 200 diversified vitality belongings spanning oil and pure gasoline pipelines, utilities, and renewable vitality. The corporate generates roughly 98% of its earnings from regulated belongings and long-term contracts, whereas inflation-linked mechanisms shield about 80% of its earnings. This resilient enterprise mannequin has supported constant monetary efficiency, serving to Enbridge ship a powerful 800% return over the previous 20 years, representing an annualized acquire of 11.6%.
Furthermore, Enbridge has an distinctive dividend monitor document, having paid uninterrupted dividends since 1953 and raised its payouts for 31 consecutive years. Its ahead dividend yield presently stands at a gorgeous 5.7%, making it interesting to income-seeking buyers.
Wanting forward, Enbridge plans to speculate $10–$11 billion yearly to increase its asset base and capitalize on rising demand for vitality infrastructure and providers throughout North America. These investments ought to assist long-term progress, with administration focusing on 5% annualized progress in each EPS and distributable money circulation per share. The corporate additionally expects to return $40–$45 billion to shareholders over the subsequent 5 years. Given its resilient operations, engaging yield, and visual progress alternatives, Enbridge could be a wonderful long-term purchase.