7 Best Canadian Renewable Energy Stocks: Go Green! (2021)
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 Published On Jun 21, 2021

The best Canadian renewable energy stocks can be a powerful addition to your portfolio, as well as your contribution to a green future.

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Renewable energy is the future. The shift from fossil fuels started a long time ago. Right now, we are in the early stages of this transition, but the momentum is building up.

Canada is now the sixth-largest renewable energy producer in the world with 101 GW of installed renewable energy capacity. Sentiment around the energy sources is shifting as well, and 73% of Canadians want to see the country supporting green energy.

As an investor, you may want to mimic this transition as well. Start by adding some of the best Canadian renewable energy stocks that the TSX has to offer.

What Is A Renewable Energy Stock?
Renewable energy companies are the ones that produce electricity using renewable energy sources, i.e., things that don’t run out or are naturally replenished.

The most common and ancient renewable energy source is water. Thousands of years prior, humanity harnessed the power of water through water wheels. Water is still the most commonly used renewable energy source and makes up more than 67% of Canada’s total renewable energy production.

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