RE:Dividends attractive in Canada? Yes, dividends are attractive for Canadians especially if they are considered "eligible" which is the case for MJS dividends. As per the tax table example in the below link, eligible dividends come with tax credits which make them taxable at a lower rate than ordinary income and in many cases less than capital gains depending on one's tax bracket. If an earning less than $55K of income, the eligible dividends have a negative tax rate which means they can be more than free. This is to encourage Canadians to invest domestically.
https://www.taxtips.ca/taxrates/on.htm