Regardless of trade-related issues and macroeconomic uncertainty, a number of high-quality Canadian shares posted spectacular good points final month. Whereas these shares have gained considerably in a brief span, their sturdy enterprise fashions, sturdy fundamentals, resilient demand, and stable execution place them nicely to outperform the broader fairness market by a large margin in 2026 and past.
With this background, listed below are two TSX shares which might be nonetheless wonderful buys for 2026.
TSX inventory for 2026 #1: MDA House
MDA House (TSX:MDA) has began 2026 with spectacular momentum. The inventory surged greater than 44% in January, reflecting renewed investor confidence and its rising share within the quickly increasing area financial system. Even after this sharp rally, MDA House stays a compelling funding for 2026 and for the long run.
MDA House’s know-how and options allow next-generation area infrastructure. The corporate offers superior satellite tv for pc programs, area robotics, and geointelligence options that help each industrial and authorities prospects. Its applied sciences help space-based communications networks and Earth statement platforms — areas which might be changing into more and more vital to international connectivity and nationwide safety.
The broader trade backdrop is very supportive for this area know-how firm. The worldwide area financial system continues to develop at an accelerating tempo, pushed by rising demand for satellite tv for pc broadband, defence-related capabilities, and data-rich Earth statement providers. Governments are prioritizing area as a strategic area, whereas private-sector gamers are investing closely in satellite tv for pc constellations and infrastructure to help every little thing from telecommunications to local weather monitoring. MDA House is well-positioned inside this ecosystem.
Additional, MDA House’s strong order backlog offers income visibility, whereas a stable stability sheet affords the pliability to spend money on innovation and scale operations as demand grows. General, its technological management, sturdy trade tailwinds, and monetary resilience create a stable basis for sustained development.
TSX inventory for 2026 #2: Vitality Fuels
Vitality Fuels (TSX:EFR) inventory soared over 53% final month. Regardless of the rally, the inventory stays a purchase for 2026 and a stable funding for long-term buyers. It is likely one of the main producers of uranium and uncommon earth parts. It additionally affords different crucial supplies. This diversified publicity positions the corporate to profit from important demand tailwinds led by decarbonization, electrification, and nationwide power safety.
Additional, as governments prioritize safe home provide chains, corporations like Vitality Fuels stand to profit.
Uranium stays a key driver of the funding case. Demand for domestically produced uranium stays strong, supporting beneficial pricing situations. Vitality Fuels’s low-cost manufacturing profile is already translating into rising revenues and wholesome money margins. As the corporate continues to enhance operational effectivity and handle prices, gross margins are anticipated to develop additional, strengthening profitability over time.
Past uranium, Vitality Fuels is steadily increasing its uncommon earth parts enterprise. It is likely one of the largest totally built-in rare-earth producers exterior China, with capabilities that span oxides, metals, and alloys. This technique aligns nicely with the rising demand for uncommon earths in clear power applied sciences and superior manufacturing. As well as, the corporate’s proposed acquisition of Australian Strategic Supplies might additional speed up this development and strengthen its aggressive place in international provide chains.
As Vitality Fuels ramps up its uranium initiatives and advances its rare-earth and heavy-mineral-sands initiatives, the corporate seems well-positioned to ship stable returns.
