Though the Canadian inventory market has seen a robust rally over the past three years, in case you’re planning recent investments for the subsequent cycle, it could be time to focus much less on noise and extra on enterprise power. Some firms are rising sooner, bettering margins, and constructing visibility effectively past the subsequent quarter or 12 months.
On this article, I’ll spotlight three high Canadian shares for 2026 you could confidently contemplate shopping for in case you’re investing $5,000 and trying to construct wealth over time.
Aritzia inventory
As shopper spending progressively normalizes with easing rates of interest, let’s begin with Aritzia (TSX:ATZ), a Canadian model that continues to win prospects throughout borders and channels. This Vancouver-headquartered attire retailer operates greater than 130 boutiques throughout Canada and the USA, alongside a fast-growing on-line platform. ATZ inventory is presently buying and selling at $116.25 per share and carries a market cap of about $13.4 billion.
During the last 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 practically 32% YoY (year-over-year) to $812 million with the assistance of double-digit comparable gross sales beneficial properties throughout all areas. The corporate’s income in the USA climbed over 40% YoY, displaying rising model consciousness.
On the profitability facet, its adjusted EBITDA (earnings earlier than curiosity, taxes, depreciation, and amortization) additionally greater than doubled within the newest quarter as margins expanded and prices had been higher managed.
Furthermore, its deal with boutique enlargement, digital progress, and deeper penetration in the USA makes Aritzia a stable Canadian inventory for 2026.
Enerflex inventory
After shopper progress, let’s have a look at Enerflex (TSX:EFX), an power infrastructure agency that would add steadiness to your portfolio via its dependable money movement and long-term visibility. Past power infrastructure, it additionally gives compression and engineered methods options throughout world markets. EFX inventory now trades at $21.18 per share with a market cap of roughly $2.6 billion, and affords 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 document adjusted EBITDA of US$145 million, supported by sturdy 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 term, Enerflex’s backlog ranges of about US$1.1 billion in engineered methods and US$1.4 billion in power infrastructure present stable visibility into future income, making this the most effective Canadian shares to purchase in 2026 for progress and revenue.
Aecon inventory
To spherical out the record, let’s have a look at Aecon Group (TSX:ARE), a Toronto-based infrastructure agency that would offer you publicity to multi-year tasks tied to long-term spending developments. As a development and infrastructure growth firm, it serves private and non-private sector shoppers throughout Canada and the USA. 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 affords a quarterly dividend with an annualized yield near 2.4%.
Aecon inventory has delivered a robust 250% return over the past three years as its execution improved, serving to it regain buyers’ confidence. Within the September 2025 quarter, the corporate’s income climbed practically 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 revenue, this high Canadian inventory affords a steadier progress profile that would assist you get sturdy returns in 2026 and past.
