In this market where the interest rate is low. Every income you gain is so important to your overall portfolio performance. The bank interest pays so low just to keep at the bank account. Dividend stocks or funds don't always have to be outside of the registered account because of it's tax friendly asset class.
Encana (ECA) pays good dividend, under $18CND is a good entry point, currently is at around $20.
Shoppers Drug Mart Corporation (SC) pays close to 2.5% dividend, a good stock to invest in an uncertain environment. Currently trading around $40.
Declaimer: I do not own both of these stocks at my portfolio.
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