Canadian shares proceed to carry out very well in 2026. The TSX Index is up 10.5% this yr. But, there are nonetheless alternatives for those who don’t thoughts being long-term-minded. Listed below are 5 high shares I’d really feel good proudly owning this yr and for the approaching 10 years.
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AltaGas
AltaGas (TSX:ALA) has a beautiful mixture of progress, earnings, and reliability for buyers. This can be a completely totally different firm than it was 5 years in the past. It divested non-core property, drastically decreased debt, and targeted on its pure fuel infrastructure competencies.
It now has a powerful American utility enterprise and a midstream/LPG export enterprise that’s completely booming. The Strait of Hormuz disaster solely bolsters its alternatives to provide fuel merchandise to Asia.
It has additional export capability in development, so it’s primed to be a powerful, secure, and rising power supplier for years to return. It pays a 2.4% yield proper now.
Granite REIT: A high Canadian inventory for month-to-month earnings
If I wished a barely bigger dividend yield, I’d take a look at Granite Actual Property Funding Belief (TSX:GRT.UN). In case you like actual property, it’s simply the most effective Canadian shares you’ll find.
It has a high-quality mixture of institutional logistics and manufacturing property. It’s diversified and has a powerful checklist of tenants on long-term leases.
All this could help mid-to-high single-digit progress. It has a high administration staff and an important stability sheet. It yields 3.7% at present with an important 15-year file, yearly rising its dividend.
Aritzia
Aritiza (TSX:ATZ) has been certainly one of Canada’s best-performing shares up to now couple of years. Its inventory is up 38% this yr. This firm has simply been executing so properly. U.S. gross sales have eclipsed Canadian gross sales. It may greater than double its present boutique depend there.
Aritzia’s new boutiques have a 12–18-month payback on funding. Which means because it scales, so do its money flows. It hasn’t even began increasing internationally. So long as it could maintain its fashion in vogue, it nonetheless has a decade of progress forward.
Descartes: An undervalued Canadian software program inventory
Descartes Techniques Group (TSX:DSG) is one Canadian inventory that hasn’t carried out that properly in 2026. It’s down 10% this yr. But, that masks its stellar operational and monetary efficiency. It simply delivered a stable quarter the place income rose 15%, and earnings per share elevated 34%.
It operates a vital world logistics community. That’s complemented by a set of software program options that save distributors money and time.
It’s a really well-managed enterprise with excessive margins and powerful money technology. It has an incredible cash-rich stability sheet that helps natural and acquisition progress. Right this moment, Descartes trades at its lowest valuation in 10 years, which makes it a good time so as to add.
Calian Group
The ultimate inventory is a smaller-cap Canadian inventory known as Calian Group (TSX:CGY). Geopolitical uncertainty is rising, and Canada’s defence sector should rise accordingly. Massive {dollars} are heading in direction of Canada’s navy within the coming years.
This can be a massive tailwind for Calian, which gives well being, coaching, and expertise companies for the defence sector. Canada has solely begun to hit its NATO spending targets. Already, Calian has returned to mid-teens progress and is enhancing profitability on this spend.
The corporate has a pleasant mixture of natural and acquisition progress. Even after rising 63% this yr, its valuation isn’t demanding. For a inventory with an extended tailwind, this Canadian inventory is a good long-term maintain.
