Because the TSX Composite Index is about to conclude one other yr with stable positive factors, Canadian development shares backed by actual numbers are again in focus. Canada presents a mixture of know-how, assets, and innovation that continues to draw world buyers as many growth-oriented corporations are turning demand into robust outcomes. On this article, I’ll stroll by three high Canadian development shares to purchase and maintain and clarify what’s driving each.
MDA House inventory
For buyers searching for high development shares with sustained development potential, MDA House (TSX:MDA) could possibly be value contemplating proper now. It operates throughout satellite tv for pc techniques, robotics and area operations, and geo-intelligence segments.
After rallying by almost 320% during the last three years, MDA inventory is at present buying and selling at $26.89 per share with a market cap of about $3.4 billion.
Within the September 2025 quarter, the corporate’s income surged 45% YoY (year-over-year) to $409.8 million, backed by larger volumes in satellite tv for pc techniques and robotics packages. Equally, its adjusted EBITDA (earnings earlier than curiosity, taxes, depreciation, and amortization) for the quarter jumped 49% YoY to $82.8 million, whereas margins held robust close to 20%. MDA’s large backlog of $4.4 billion continues to offer robust income visibility past 2025.
Long run, MDA House is predicted to profit from main packages akin to Telesat Lightspeed, Globalstar’s next-generation low Earth orbit constellation, and government-backed radar and army satellite tv for pc initiatives. These components may help the share value of this growth-oriented agency proceed hovering.
IAMGOLD inventory
Transferring from know-how to assets, IAMGOLD (TSX:IMG) may add a special layer of development to your portfolio, making it one other high Canadian development inventory to purchase and maintain. Based mostly in Toronto, it’s a gold producer with operations in Canada and West Africa.
Following a 550% rally within the final three years, IMG inventory is now buying and selling at $22.58 per share with a market cap of roughly $13.4 billion. Whereas dividends aren’t its fundamental attraction, the inventory continues to indicate robust momentum.
This development inventory’s latest efficiency has been supported by bettering operations and rallying gold costs. Within the third quarter, the gold miner’s income climbed 61% YoY to $706.7 million, whereas its adjusted EBITDA soared by 62% YoY to $359.5 million. The ramp-up of its Côté Gold mine performed a key position in driving these outcomes.
Over the longer run, IAMGOLD is concentrated on strengthening its stability sheet and increasing high-quality belongings. Debt discount, bettering margins, and manufacturing development at core tasks make this Canadian development inventory much more enticing for holding for the long term.
BlackBerry inventory
Wrapping up the listing, BlackBerry (TSX:BB) can deliver a turnaround-driven angle to those high Canadian development shares to purchase and maintain. Briefly, this Waterloo-based tech agency primarily offers safe software program and embedded techniques by its QNX, safe communications, and licensing segments. BB inventory at present trades at $5.31 per share with a market cap of about $3.1 billion.
Though the inventory hasn’t seen a lot appreciation these days, its monetary outcomes present constant enchancment beneath the floor. Within the third quarter of its fiscal yr 2026 (three months resulted in November 2025), BlackBerry’s gross sales reached $141.8 million, beating steerage. Its QNX division delivered its highest income quarter ever, whereas the safe communications phase exceeded each income and adjusted EBITDA expectations. Because of this, the corporate delivered its third straight worthwhile quarter and generated $17.9 million in working money circulation.
From a long-term view, BlackBerry’s development story is tied to rising QNX adoption throughout automotive and adjoining industries, together with recurring authorities and enterprise demand for safe communications. General, bettering profitability and money circulation self-discipline proceed to strengthen its place as among the best development shares to purchase in Canada at the moment and maintain for years to come back.
