In August 2025, Harvest added to its industry-leading single stock ETF suite with the launch of the Harvest Canadian High Income Shares ETF (TSX: HHIC) and 10 Canadian single-stock High Income Shares ETFs. Canadian High Income Shares are built to generate high levels of monthly cash distributions from an active covered call writing strategy and the use of modest leverage.
Last month, we discussed the case for Canada in 2026. Long term, Canada remains an attractive investment destination built on a foundation of abundant natural resources and highly competitive industries. It is home to dominant companies with oligopolistic characteristics across key sectors.
Source: Standard & Poor’s/multpl.com; Yahoo Finance, S&P Global, Trading Economics. Date as of close April 9, 2026.
Canadian success stories | Shopify, energy surge, and more
The rise of OpenAI, Anthropic, and other U.S. based artificial intelligence leaders have captured much of the spotlight in the technology space. Meanwhile, Canada is quietly building its own compelling ecosystem. For example, Toronto-based Cohere is a leading developer of large language models (LLMs), while BenchSci is applying machine learning to drug discovery. WealthSimple is another big story, as it works to integrate AI into wealth management. These stories highlight the breadth of innovation across Canada.
Accessing Shopify with high monthly income | SHPE
Shopify is a global e-commerce platform that powers both online and in-store retail. It stands out as one of Canada’s premier technology success stories, keeping pace with some of the biggest names in U.S. tech in recent years.
One of the lasting legacies of the COVID-19 pandemic has been the rapid acceleration of e-commerce. Online sales surged roughly 50% during the pandemic period to reach US$870 billion. By 2025, U.S. e-commerce sales surpassed US$1.5 trillion for the first time in history. Some consumers have returned to physical stores, but online shopping remains structurally higher than pre-pandemic levels.
Looking ahead, Shopify is expecting strong momentum to continue well into 2026. The company has projected revenue growth of more than 30% and a gross profit above 25%. Key drivers for this revenue and profit growth include deeper AI integration – such as its Sidekick tool – alongside expansion into international and B2B markets.
The Harvest Shopify Enhanced High Income Shares ETF (TSX: SHPE) offers access through an investment entirely in Shopify stock. SHPE enhances income through an active covered call strategy and the application of modest leverage of approximately 25%.
Turning to energy in spring 2026 | ENBE, SUHE, CNQE
The war between the United States, Israel, and Iran has had a tremendous impact on global energy markets. As part of its response to the US/Israel bombing campaign, Iran moved to close the Strait of Hormuz, a crucial waterway between the Persian Gulf and the Gulf of Oman. The Strait is a crucial chokepoint for global trade. From 2023 to 2025, 20% of the world’s liquified natural gas (LNG) and 25% of seaborne oil trade passed through the strait annually.
WTI Crude climbed as high as US$120 per barrel in early April. Meanwhile, the price of Western Canadian Select (WCS) has also risen above the $100 mark. Unsurprisingly, Canadian oil and gas stocks have been a beneficiary. The S&P/TSX Composite Energy Index has increased 30% in the year-to-date period as of mid-afternoon trading on April 8, 2026.
Canadian High Income Shares offer access to some of the country’s dominant oil and gas leaders. The Harvest Enbridge Enhanced High Income Shares ETF (TSX: ENBE) invests all its assets in shares of Enbridge – a North American giant that offers crude oil and liquids pipeline systems, the Harvest Suncor Enhanced High Income Shares ETF (TSX: SUHE), which offers access to shares of Suncor – an integrated energy company involved in oil sands development and onshore and offshore oil and gas production, and the Harvest CNQ Enhanced High Income Shares ETF (TSX: CNQE), which invests all its assets in shares of Canadian Natural Resources – a massive natural gas and crude oil company.
For broader exposure, the Harvest Canadian High Income Shares ETF (TSX: HHIC) offers access to Shopify, Agnico Eagle, and other leading Canadian companies such as TD Bank and Enbridge. With a diversified, multi-sector portfolio of TSX-listed equities, HHIC is designed to pair consistent income generation with participation in Canada’s most resilient businesses.
Disclaimer
This communication should not be considered as advice and/or a recommendation to purchase or sell the mentioned securities or used to engage in personal investment strategies. Tax, investment and all other decisions should be made with guidance from a qualified professional.
Commissions, management fees and expenses all may be associated with investing in Harvest Exchange Traded Funds managed by Harvest Portfolios Group Inc. (the “Funds”). Please read the relevant prospectus before investing. The Funds are not guaranteed, their values change frequently, and past performance may not be repeated. Distributions are paid to you in cash unless you request, pursuant to your participation in a distribution reinvestment plan, that they be reinvested into available Class units of the Fund you own. If a Fund earns less than the amounts distributed, the difference is a return of capital.
Certain statements included in this communication constitute forward-looking statements (“FLS”), including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Fund. The FLS are not historical facts but reflect Harvest’s, the Manager of the Fund, current expectations regarding future results or events. These FLS statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Harvest, the Manager of the Fund, believes that the assumptions inherent in the FLS are reasonable, FLS are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Harvest, the Manager of the Fund, undertakes no obligation to update publicly or otherwise revise any FLS or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.
