Climate change has forced the energy sector to innovate and look towards more environmentally friendly sources of energy. It has made renewable energy stocks very attractive, but the best one currently trading on the TSX is the Ontario-based Algonquin Power & Utilities Corp (AQN)*.
Founded in 1988, the $12.02 billion market capitalization company is heavily invested in renewable energies and offers a dividend yield of 4.88*%. The company operates across multiple sectors in North America and has over 267,000 electrical connections and 369,000 gas connections.
*As of February 14, 2022