Three ways Canadians can invest like ‘Canada’s Warren Buffett’

Although Warren Buffett recently retired as CEO of Berkshire Hathawaythe core idea behind its success remains simple and evergreen, yet powerful. Own companies that people rely on every day and hold them long enough for the results to show. That idea translates well to the Canadian stock market, where regulated utilities and energy infrastructure companies play a crucial role in the economy.

Such large companies may not be very popular among new investors, but they tend to produce stable profits and stable dividends. For investors trying to build long-term income and wealth, that combination can be hard to ignore. In this article I discuss three ways in which you can invest, like “Canadian Warren Buffett” with his proven approach.

Have essential infrastructure that keeps the money flowing

A Buffett-style approach might be to own assets that remain essential through any market cycle Enbridge (TSX:ENB). The company operates one of the largest energy infrastructure networks in North America, transporting oil, natural gas and renewable energy to key markets.

ENB stock is currently trading at $66.05 per share with a market cap of $144 billion. At this market price, it offers an attractive annualized dividend yield of 5.9%.

In the third quarter of 2025, Enbridge reported adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of $4.3 billion, slightly higher year-over-year (YoY), supported by strong system utilization and favorable contract development. For the quarter, distributable cash flow was $2.6 billion, consistent with last year’s levels, despite higher financing costs. More importantly, the company remains on track to achieve its full-year 2025 guidance.

Recently, Enbridge also approved about $3 billion in new projects and now has a growth deficit of roughly $35 billion through 2030. These long-term, contracted projects make this dividend-paying giant’s cash flows largely predictable.

Focus on regulated growth with clear dividend visibility

Another hallmark of Buffett-style investing is favoring regulated companies with visible growth paths Fortis (TSX:FTS) is a good example. The company primarily operates regulated electricity and gas utilities in Canada, the US and the Caribbean.

After rising nearly 19% over the past year, FTS stock is now trading at $72.90 per share with a market cap of nearly $37 billion. The stock currently has an annualized dividend yield of 3.5%.

In the third quarter of last year, the company’s adjusted net income improved to $0.87 per share from $0.85 last year, thanks to the expansion of the interest base for all utilities and favorable currency movements.

By selling non-core assets in 2025, Fortis has strengthened its balance sheet and improved financing flexibility. This disciplined focus on regulated growth and dividends reflects the company’s focus on patience and consistency, which are central to Buffett’s long-term approach.

Stay patient during controlled transitions

Buffett has often shown patience during business transitions where the underlying assets remain strong, a principle that applies today Algonquin Power and Utilities (TSX:AQN).

After rising 37% over the past year, the stock is trading at $8.74 per share with a market cap of $6.7 billion. AQN offers an annualized dividend yield of 4.1% at this market price.

It is notable that Algonquin is repositioning itself as a purely regulated utility. In the September 2025 quarter, the company’s net profit rose 49% year-over-year. The regulated services group achieved a quarterly net profit increase of 61% year-on-year, supported by approved rate implementations, favorable weather in select regions, lower operating costs and lower interest costs following debt repayment.

Although Algonquin is still in transition, its regulatory base and improving results highlight how patience can be important when following a Buffett-like mindset.