Prospyr Journal

Investor-grade writing for Canadian income builders

Clear articles on DRIP mechanics, dividend tax, account placement, and income-planning math.

116 postsCanadian contextDRIP and dividend focused
All topicsDRIP13Tax22Planning32Strategy49Showing 49 posts matched to strategy.

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EducationJune 3, 2026

What covered-call ETFs actually do to your dividend income in Canada

Covered-call ETFs generate higher distributions by selling option premium, which changes the tax treatment, DRIP math, and long-term compounding in ways the headline yield does not show.

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EducationJune 2, 2026

How Canadian REITs distribute income — and why it is not the same as a dividend

Canadian REIT distributions look like dividends on your brokerage statement, but the tax treatment, ACB impact, and DRIP mechanics are fundamentally different. Here is what changes.

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EducationJune 1, 2026

How pipeline stocks behave inside a Canadian DRIP portfolio

Pipeline stocks generate contracted, regulated cash flow — a predictable DRIP base. How they behave in your portfolio depends on structure, not yield alone.

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Covered call etfsMay 24, 2026

HDIV vs HYLD vs QYLD: Which Covered Call ETF Wins in a Canadian RRSP?

Compare HDIV, HYLD, and QYLD in your RRSP. No withholding tax, but which ETF delivers the best risk-adjusted return?

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Covered call etfsMay 24, 2026

NAV Erosion in Canadian Covered Call ETFs: How Much Are You Actually Losing?

Covered call ETF NAV erosion: the silent loss. Learn how much you're giving up for yield in HDIV, HYLD, QYLD.

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StrategyMay 17, 2026

Sell your home or keep it as a rental in Canada? How to run the numbers properly

Compare the monthly income tradeoff between keeping a home as a rental or selling and investing the net equity in Canada.

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StrategyMay 11, 2026

How to Live Off Dividends in Canada: Your 6-Year Plan

Complete roadmap to dividend income in Canada. Build $10K/year in 6 years. Real timelines, tax strategies, and portfolio examples.

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StrategyMay 10, 2026

The Fortress dividend portfolio: building a Coverage Ratio above 1.15 across all holdings

Learn what Fortress Status means in Prospyr’s income-first framework, why a Coverage Ratio above 1.15 matters, and how Canadian dividend investors can think about building more durable DRIP positions.

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StrategyMay 7, 2026

High yield vs yield trap in Canada: how to tell the difference before you buy

Learn how Canadian dividend investors can tell the difference between a genuine high yield and a yield trap before buying. Understand payout pressure, DRIP risk, and what to check first.

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