TSX Stocks Slide into Discount Territory

Two top TSX stocks are now trading at lower prices for investors to buy in their self-directed Tax-Free Savings Accounts (TFSAs) focused on passive income. Enbridge and TC Energy, both leaders in North American energy infrastructure, have dipped in value recently.

The price of Enbridge has dropped $11 per share from its 2026 high, trading near $69 at the time of writing. This gives investors who missed the big rally a chance to buy ENB at a discounted price. The stock is still up about 4% over the past 12 months.

Enbridge owns an oil export terminal in Texas and continues to add strategic assets in the United States to enable more producers to ship to international buyers through the terminal. A recent $600 million deal will give oil producers direct access to Enbridge's oil export facilities, creating new cash flow streams.

TC Energy is another large Canadian energy infrastructure name with significant assets in the United States, enabling investors to get exposure to growth opportunities in the U.S. energy sector through a top Canadian firm. TC Energy also has assets in Mexico and Canada, including the Southeastern Gateway natural gas pipeline.