Though the Canadian inventory market has seen a powerful rally during the last three years, when you’re planning contemporary investments for the subsequent cycle, it could be time to focus much less on noise and extra on enterprise power. Some corporations are rising sooner, bettering margins, and constructing visibility nicely past the subsequent quarter or 12 months.
On this article, I’ll spotlight three high Canadian shares for 2026 you could confidently think about shopping for when you’re investing $5,000 and seeking to construct wealth over time.
Aritzia inventory
As client spending steadily normalizes with easing rates of interest, let’s begin with Aritzia (TSX:ATZ), a Canadian model that continues to win clients throughout borders and channels. This Vancouver-headquartered attire retailer operates greater than 130 boutiques throughout Canada and the US, alongside a fast-growing on-line platform. ATZ inventory is at the moment buying and selling at $116.25 per share and carries a market cap of about $13.4 billion.
Over the past 12 months, its shares have jumped greater than 116%, backed by accelerating demand for its merchandise, margin enlargement, and strengthening fundamentals. Within the second quarter of its fiscal 12 months 2026 (three months led to August 2025), Aritzia’s income surged almost 32% YoY (year-over-year) to $812 million with the assistance of double-digit comparable gross sales good points throughout all areas. The corporate’s income in the US climbed over 40% YoY, displaying rising model consciousness.
On the profitability aspect, its adjusted EBITDA (earnings earlier than curiosity, taxes, depreciation, and amortization) additionally greater than doubled within the newest quarter as margins expanded and prices have been higher managed.
Furthermore, its concentrate on boutique enlargement, digital development, and deeper penetration in the US makes Aritzia a strong Canadian inventory for 2026.
Enerflex inventory
After client development, let’s take a look at Enerflex (TSX:EFX), an vitality infrastructure agency that might add steadiness to your portfolio by means of its dependable money circulate and long-term visibility. Past vitality infrastructure, it additionally gives compression and engineered techniques options throughout world markets. EFX inventory now trades at $21.18 per share with a market cap of roughly $2.6 billion, and provides a dividend yield of about 0.8%.
Curiously, Enerflex inventory has gained roughly 114% over the seven months as its earnings momentum and steadiness sheet power proceed to enhance. Within the third quarter of 2025, the corporate delivered file adjusted EBITDA of US$145 million, supported by robust mission execution and value financial savings. For the quarter, its return on capital employed improved to 16.9% with the assistance of upper profitability and decrease web debt.
For the long run, Enerflex’s backlog ranges of about US$1.1 billion in engineered techniques and US$1.4 billion in vitality infrastructure present strong visibility into future income, making this top-of-the-line Canadian shares to purchase in 2026 for development and earnings.
Aecon inventory
To spherical out the checklist, let’s take a look at Aecon Group (TSX:ARE), a Toronto-based infrastructure agency that might offer you publicity to multi-year initiatives tied to long-term spending traits. As a building and infrastructure growth firm, it serves private and non-private sector purchasers throughout Canada and the US. At the moment, ARE inventory trades close to $32.11 per share with a market cap of about $2 billion. At this market value, it additionally provides a quarterly dividend with an annualized yield near 2.4%.
Aecon inventory has delivered a powerful 250% return during the last three years as its execution improved, serving to it regain traders’ confidence. Within the September 2025 quarter, the corporate’s income climbed almost 20% YoY, pushed by increased exercise in civil, utility, and transportation infrastructure. Whereas its margins are nonetheless in restoration mode, current sequential enhancements within the agency’s earnings level to its stabilizing operations.
With governments persevering with to put money into large-scale infrastructure and Aecon’s concessions mannequin including recurring earnings, this high Canadian inventory provides a steadier development profile that might aid you get robust returns in 2026 and past.
