Finder’s list of the best stocks to buy right now in Canada is updated monthly based on the results of our proprietary ranking system. These 20 best Canadian stocks (also known as the best TSX stocks) are starting points for your own research and should not be taken as advice to buy any particular stock.
Here’s a quick view of 10 of the best Canadian stocks to buy right now. Get more details below.
| Best stock | Stock price | Market cap | YTD performance | Buy on Questrade |
|---|---|---|---|---|
| Pembina Pipeline (PPL) | C$71.71 | $39.6 billion (CAD) | 133.36% | Buy now |
| Centerra Gold (CG) | C$30.81 | $6 billion (CAD) | 92.71% | Buy now |
| North West Company (NWC) | C$59.46 | $2.7 billion (CAD) | 74.04% | Buy now |
| CES Energy Solutions (CEU) | C$18.52 | $4.2 billion (CAD) | 1475.97% | Buy now |
| Canadian National Railway (CNR) | C$180.44 | $106.3 billion (CAD) | 27.33% | Buy now |
| Ensign Energy Services (ESI) | C$3.93 | $770.5 million (CAD) | 319.57% | Buy now |
| Methanex (MX) | C$93.77 | $7.4 billion (CAD) | 58.85% | Buy now |
| Obsidian Energy (OBE) | C$13.71 | $968.9 million (CAD) | 1395.46% | Buy now |
| Royal Bank of Canada (RY) | C$284.16 | $393.4 billion (CAD) | 172.01% | Buy now |
| Valeura Energy (VLE) | C$17.22 | $1.5 billion (CAD) | 3046.3% | Buy now |
Questrade
Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures.
Pembina Pipeline is headquartered in Canada and is traded under the ticker symbol PPL. At the last market close, its share price was C$71.71 with a trading volume of 1,753,095.
| YTD performance | 133.36% |
| Market cap | C$39.6 billion |
| Revenue | C$8.4 billion |
| Earnings per Share (EPS) | C$3.33 |
| Return on Equity (ROE) | 12.10% |
| Price-to-Earnings Ratio (P/E) | 20.47 |
| Net Profit Margin | 24.78% |
| Operating Margin | 32.63% |
Centerra Gold Inc. engages in the operation, development, exploration, and acquisition of gold and copper properties in North America, Turkey, and internationally.
Centerra Gold is headquartered in Canada and is traded under the ticker symbol CG. At the last market close, its share price was C$30.81 with a trading volume of 659,246.
| YTD performance | 92.71% |
| Market cap | C$6.0 billion |
| Revenue | C$1.8 billion |
| Earnings per Share (EPS) | C$3.01 |
| Return on Equity (ROE) | 20.83% |
| Price-to-Earnings Ratio (P/E) | 10.24 |
| Net Profit Margin | 23.67% |
| Operating Margin | 22.16% |
The North West Company Inc., through its subsidiaries, engages in the retail of food and everyday products and services in northern Canada, rural Alaska, the South Pacific, and the Caribbean. The company operates Northern stores, which offers food, general merchandise, and financial services that include cheque cashing, ATMs, and prepaid card products; NorthMart stores that provides fresh food, apparel, and health products and services; and Quickstop convenience stores that provides ready-to-eat food products, fuel, and related services.
North West Company is headquartered in Canada and is traded under the ticker symbol NWC. At the last market close, its share price was C$59.46 with a trading volume of 251,233.
| YTD performance | 74.04% |
| Market cap | C$2.7 billion |
| Revenue | C$2.6 billion |
| Earnings per Share (EPS) | C$2.92 |
| Return on Equity (ROE) | 17.91% |
| Price-to-Earnings Ratio (P/E) | 19.72 |
| Net Profit Margin | 5.40% |
| Operating Margin | 8.47% |
CES Energy Solutions Corp., together with its subsidiaries, engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets.
CES Energy Solutions is headquartered in Canada and is traded under the ticker symbol CEU. At the last market close, its share price was C$18.52 with a trading volume of 886,659.
| YTD performance | 1475.97% |
| Market cap | C$4.2 billion |
| Revenue | C$2.7 billion |
| Earnings per Share (EPS) | C$0.91 |
| Return on Equity (ROE) | 23.62% |
| Price-to-Earnings Ratio (P/E) | 22.12 |
| Net Profit Margin | 7.36% |
| Operating Margin | 11.89% |
Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and related transportation businesses in Canada and the United States. The company provides rail services, which include equipment, customs brokerage, transloading and warehousing, business development, dimensional loads, and private railcar storage, less-than-truckload, and mexico services; intermodal services, such as temperature controlled multimodal, mobile transport trays, port partnerships, transloading and distribution, logistics parks, trucking, and supply chain services.
Canadian National Railway is headquartered in Canada and is traded under the ticker symbol CNR. At the last market close, its share price was C$180.44 with a trading volume of 2,240,311.
| YTD performance | 27.33% |
| Market cap | C$106.3 billion |
| Revenue | C$18.4 billion |
| Earnings per Share (EPS) | C$7.96 |
| Return on Equity (ROE) | 22.45% |
| Price-to-Earnings Ratio (P/E) | 22.27 |
| Net Profit Margin | 26.42% |
| Operating Margin | 41.52% |
Ensign Energy Services Inc., together with its subsidiaries, provides oilfield services to the oil and natural gas industries in Canada, the United States, and internationally. It offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including directional, underbalanced, and managed pressure drilling; and equipment and services.
Ensign Energy Services is headquartered in Canada and is traded under the ticker symbol ESI. At the last market close, its share price was C$3.93 with a trading volume of 388,297.
| YTD performance | 319.57% |
| Market cap | C$770.5 million |
| Revenue | C$1.6 billion |
| Earnings per Share (EPS) | -C$0.22 |
| Return on Equity (ROE) | -3.05% |
| Net Profit Margin | -2.44% |
| Operating Margin | -0.94% |
Methanex Corporation engages in the production and sale of methanol and ammonia in Asia Pacific, North America, Europe, and South America. It also owns and leases in-region storage and terminal facilities.
Methanex Corporation is headquartered in Canada and is traded under the ticker symbol MX. At the last market close, its share price was C$93.77 with a trading volume of 427,937.
| YTD performance | 58.85% |
| Market cap | C$7.4 billion |
| Revenue | C$4.7 billion |
| Earnings per Share (EPS) | C$6.54 |
| Return on Equity (ROE) | 15.32% |
| Price-to-Earnings Ratio (P/E) | 14.67 |
| Net Profit Margin | 7.63% |
| Operating Margin | 28.58% |
Obsidian Energy Ltd. engages in the exploration, development, and production of oil and natural gas in Western Canada.
Obsidian Energy is headquartered in Canada and is traded under the ticker symbol OBE. At the last market close, its share price was C$13.71 with a trading volume of 349,146.
| YTD performance | 1395.46% |
| Market cap | C$968.9 million |
| Revenue | C$543.7 million |
| Earnings per Share (EPS) | C$0.41 |
| Return on Equity (ROE) | 1.99% |
| Price-to-Earnings Ratio (P/E) | 35.41 |
| Net Profit Margin | 5.11% |
| Operating Margin | 35.72% |
Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions.
Royal Bank of Canada is headquartered in Canada and is traded under the ticker symbol RY. At the last market close, its share price was C$284.16 with a trading volume of 2,468,945.
| YTD performance | 172.01% |
| Market cap | C$393.4 billion |
| Revenue | C$67.2 billion |
| Earnings per Share (EPS) | C$15.95 |
| Return on Equity (ROE) | 16.21% |
| Price-to-Earnings Ratio (P/E) | 17.82 |
| Net Profit Margin | 33.87% |
| Operating Margin | 46.44% |
Valeura Energy Inc., together with its subsidiaries, operates as an upstream oil and gas company in Thailand and Turkey. It engages in the exploration, appraisal, development, and production of petroleum and onshore natural gas.
Valeura Energy is headquartered in Canada and is traded under the ticker symbol VLE. At the last market close, its share price was C$17.22 with a trading volume of 288,732.
| YTD performance | 3046.3% |
| Market cap | C$1.5 billion |
| Revenue | C$673.6 million |
| Earnings per Share (EPS) | C$0.80 |
| Return on Equity (ROE) | 10.87% |
| Price-to-Earnings Ratio (P/E) | 17.98 |
| Net Profit Margin | 9.25% |
| Operating Margin | 48.87% |
Athabasca Oil Corporation engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. The company operates through the Athabasca (Thermal Oil) and Duvernay Energy segments.
Athabasca Oil is headquartered in Canada and is traded under the ticker symbol ATH. At the last market close, its share price was C$11.45 with a trading volume of 4,695,773.
| YTD performance | 6442.86% |
| Market cap | C$5.5 billion |
| Revenue | C$1.4 billion |
| Earnings per Share (EPS) | C$0.49 |
| Return on Equity (ROE) | 12.25% |
| Price-to-Earnings Ratio (P/E) | 23.35 |
| Net Profit Margin | 17.03% |
| Operating Margin | 25.09% |
DATA Communications Management Corp. provides print and digital solution to simplify complex marketing communication and operations workflows in the United States and Canada.
Data Communications Management is headquartered in Canada and is traded under the ticker symbol DCM. At the last market close, its share price was C$2.35 with a trading volume of 39,636.
| YTD performance | 259.38% |
| Market cap | C$147.0 million |
| Revenue | C$441.3 million |
| Earnings per Share (EPS) | C$0.08 |
| Return on Equity (ROE) | 10.72% |
| Price-to-Earnings Ratio (P/E) | 29.38 |
| Net Profit Margin | 0.98% |
| Operating Margin | 6.67% |
Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation, and manufacturing markets worldwide. The company operates in two segments, Aerospace & Aviation, and Manufacturing.
Exchange Income Corporation is headquartered in Canada and is traded under the ticker symbol EIF. At the last market close, its share price was C$118.58 with a trading volume of 217,539.
| YTD performance | 214.08% |
| Market cap | C$6.5 billion |
| Revenue | C$3.7 billion |
| Earnings per Share (EPS) | C$3.78 |
| Return on Equity (ROE) | 12.51% |
| Price-to-Earnings Ratio (P/E) | 30.57 |
| Net Profit Margin | 5.53% |
| Operating Margin | 12.13% |
Fennec Pharmaceuticals Inc. operates as a commercial stage biopharmaceutical company in the United States.
Fennec Pharmaceuticals is headquartered in Canada and is traded under the ticker symbol FRX. At the last market close, its share price was C$13.29.
| YTD performance | 46.69% |
| Market cap | C$466.0 million |
| Revenue | C$59.2 million |
| Earnings per Share (EPS) | -C$0.17 |
| Return on Equity (ROE) | -18.58% |
| Net Profit Margin | -5.49% |
| Operating Margin | 9.72% |
Headwater Exploration Inc. engages in the exploration, development, and production of petroleum and natural gas resources in Canada.
Headwater Exploration is headquartered in Canada and is traded under the ticker symbol HWX. At the last market close, its share price was C$11.47 with a trading volume of 785,826.
| YTD performance | 383.27% |
| Market cap | C$2.7 billion |
| Revenue | C$592.0 million |
| Earnings per Share (EPS) | C$0.80 |
| Return on Equity (ROE) | 24.03% |
| Price-to-Earnings Ratio (P/E) | 14.34 |
| Net Profit Margin | 31.45% |
| Operating Margin | 58.90% |
Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States.
Mullen Group is headquartered in Canada and is traded under the ticker symbol MTL. At the last market close, its share price was C$29.55 with a trading volume of 245,582.
| YTD performance | 172.03% |
| Market cap | C$2.8 billion |
| Revenue | C$2.3 billion |
| Earnings per Share (EPS) | C$1.30 |
| Return on Equity (ROE) | 11.04% |
| Price-to-Earnings Ratio (P/E) | 21.95 |
| Net Profit Margin | 5.25% |
| Operating Margin | 12.27% |
Aya Gold & Silver Inc., together with its subsidiaries, engages in the exploration, evaluation, and development of precious metals projects in Morocco. The company primarily explores for gold and silver deposits.
Aya Gold-and-Silver is headquartered in Canada and is traded under the ticker symbol AYA. At the last market close, its share price was C$35.78 with a trading volume of 677,637.
| YTD performance | 735.7% |
| Market cap | C$5.0 billion |
| Revenue | C$343.7 million |
| Earnings per Share (EPS) | C$1.11 |
| Return on Equity (ROE) | 25.74% |
| Price-to-Earnings Ratio (P/E) | 31.01 |
| Net Profit Margin | 32.79% |
| Operating Margin | 54.86% |
Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments.
Hut 8 Mining is headquartered in Canada and is traded under the ticker symbol HUT. At the last market close, its share price was C$68.12 with a trading volume of 1,619,618.
| YTD performance | 269% |
| Market cap | C$7.7 billion |
| Revenue | C$305.5 million |
| Earnings per Share (EPS) | -C$6.51 |
| Return on Equity (ROE) | -30.28% |
| Net Profit Margin | -169.76% |
| Operating Margin | 443.13% |
Journey Energy Inc. engages in the exploration, development, and production of crude oil and natural gas in Canada.
Journey Energy is headquartered in Canada and is traded under the ticker symbol JOY. At the last market close, its share price was C$4.70 with a trading volume of 365,980.
| YTD performance | 1804.35% |
| Market cap | C$317.2 million |
| Revenue | C$180.3 million |
| Earnings per Share (EPS) | C$0.35 |
| Return on Equity (ROE) | 7.56% |
| Price-to-Earnings Ratio (P/E) | 13.43 |
| Net Profit Margin | 14.86% |
| Operating Margin | 37.54% |
Suncor Energy Inc. operates as an integrated energy company in Canada, the United States, and internationally.
Suncor Energy is headquartered in Canada and is traded under the ticker symbol SU. At the last market close, its share price was C$97.10 with a trading volume of 6,419,280.
| YTD performance | 349.91% |
| Market cap | C$123.4 billion |
| Revenue | C$56.6 billion |
| Earnings per Share (EPS) | C$7.89 |
| Return on Equity (ROE) | 19.25% |
| Price-to-Earnings Ratio (P/E) | 13.37 |
| Net Profit Margin | 15.78% |
| Operating Margin | 29.94% |
There’s no single winning strategy to finding what experts might call the best stocks to buy right now in Canada, because the most important considerations are your own goals and circumstances.
Our verdict on the best Canadian stocks is not personal financial advice; we have not considered your personal objectives and financial situation. Do your own research, and speak with an investment professional if in doubt.
Whether you care more about short-term capital gains or long-term dividend growth, it’s important to know what risk you’re comfortable with and whether a stock is performing well, making a profit, paying dividends or losing value. Past performance does not guarantee future results. Investments can increase and decrease in value.
This list and data was compiled November 3, 2026. The algorithm was last updated January 27, 2021.
To invest in any of these stocks, you’ll need a brokerage account. Compare online stock trading platforms below and select Go to site to get started.
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
"Beginners may benefit the most by investing in a handful of stocks of companies they know and whose products they are familiar with. That said, beginners may want to build the core of their portfolio with broad market index funds to get the most diversification without requiring the market expertise needed for picking individual stocks."
Nearly four out of ten Canadians (39.01%) consider stocks to be an appealing investment in 2026, according to the Finder: Consumer Sentiment Survey March 2026. Mutual funds (35.65%) and GICs (34.38%) are the next most popular types of investments, while crypto meme coins (5.60%) and crypto ETFs (9.29%) are the least popular. This suggests that investors prefer more predictable returns over high-risk, high-reward opportunities.
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