Stock Quotes in this Article: RCI, RY, TRP

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SAN FRANCISCO (Stockerblog) -- What is happening in Canada? If you look at the iShares MSCI Canada Index Fund (EWC) over the last year, it is up over 22%. Canada has weathered the banking crisis and housing crisis much better than the U.S. Fortunately for income investors looking for diversification, our northern neighbor has over a dozen stocks with yields above 3%. At WallStreetNewsNetwork.com, we've recently updated our free list of top-yielding Canadian stocks.

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    Toronto-based Royal Bank of Canada (RY) is one of Canada's major banks and yields 3.8%. Jim Cramer recently mentioned it on "Mad Money" as a bank worth investing in and a much better alternative to British banks. The stock trades at 11.2 times forward earnings.

    TransCanada (TRP) is a Calgary-based oil and gas pipeline company that yields 4.4%. The stock has a forward price-to-earnings ratio of 16.7. The stock just hit a 52-week high last Friday.

    Rogers Communications (RCI), a Toronto-based communications and media company, yields 3.5% and trades at 10.5 times forward earnings. It is interesting to note the company has increased dividends every quarter since 2008.

    To see a list of over 15 high-yield Canada stocks , which can be downloaded, sorted, changed, and updated, go to WallStreetNewsNetwork.com.

    At the time of writing, author had no positions in stocks mentioned.