Changing an investment of $ 20,000 into $ 200,000 may sound like a dream, but in the world of long -term investment it is not completely out of reach. It does not happen from one day to the next and it rarely happens without bumps on the way. But with the right companies – those who grow steadily, expand internationally and manage their companies with consistency – it is possible. Two Canadian shares that match that account today are Dollarama (TSX: Dol) and GFL environment (TSX: GFL).
Dollarama
Let’s start with Dollarama, the discount retailer who not only dominates aisles in Canada. In July 2025, Dollarama completed the acquisition of the largest discount chain in Australia, the rejecting store. With more than 390 locations throughout Australia now under his umbrella, Dollarama wants to repeat his Canadian success abroad. This is not only growth because of growth. Dollarama brings a proven supply chain model, tight cost controls and a value-first offer that resonates with consumers everywhere.
In his most recent income, Dollarama achieved an increase in turnover of 8.2%, reaching $ 1.5 billion in the first quarter of the tax 2026. Similar store sales rose with 4.9%, which demonstrated the power of the core activities, not only expansion. And profitability? The net result rose almost 27% after year and reached $ 273.8 million. Profit for interest, taxes, depreciation and amortization (EBITDA) margins climbed to 32.6%, partly thanks to operational efficiency and a one-off profit with regard to his investment in Central America.
Now this does not guarantee anything of a return from Tien-Wagger of course. The challenge with a Canadian shares such as Dollarama is appreciation. It is already loved by investors, so shares are not exactly cheap. But even high -quality shares can make enormous profit in the long term if they continue to exceed expectations. With the Australian expansion that just begins and the Latin -American growth of dollarcity continued, Dollarama was able to see a meaningful world scale. That is what could seriously unlock the next decade.
GFL
The next is GFL Environmental, a Canadian stock that may not sound as exciting as a retailer that expands, but the numbers are quietly turning the heads. GFL is a giant in North American environmental services. Think of collecting waste, recycling, composting and more. And unlike many industrial shares, GFL has succeeded in growing both sales and the profit quickly.
In the second quarter of 2025, sales grew to $ 1.7 billion, an increase of 9.5% compared to the previous year. Adapted EBITDA hit $ 515.1 million, which marked an increase of 14.6%. The margins rose, the cash flow improved and GFL even increased its guidelines for the entire year. It now expects up to $ 2 billion in adapted EBITDA for 2025 and predicts $ 750 million in free cash flow. Those are not only big figures; These show a company with scale and price force, something that is even more important during economic uncertainty.
The tricky part with GFL is the fault. The debt-equity ratio is north of 90%and interest costs are not small. Nevertheless, the Canadian shares are working to bring a net leverage to the low 3 times reach towards the end of 2025. If it can manage that while retaining double-digit EBITDA growth and strong cash generation, GFL could be a completely different company in five years.
Fool
However, let’s not in Sugarcoat. Both shares have risks. Dollarama is confronted with pressure when international expansion flops or competition warms up in their own country. In the meantime, GFL has to balance growth in managing its hefty balance. A recession in raw materials prices or waste volumes can delay its momentum.
But here is the downside. Both Canadian shares have characteristics that long -term investors are looking for: recurring income, expansion of markets and solid implementation. Dollarama will quietly become a worldwide discount shop of a discount. GFL changes waste to cash flow. Neither his flashy technical shares, but both offer the kind of boring consistency that can make rise to wealth over time.
If you are considering putting $ 20,000 to work, splitting between these two names cannot lead to fireworks in the short term. But a decade quickly ahead, and there is a chance that you will return to today’s prize as a bargain. Ten-bagger potential? Only time will learn it. But the building blocks are certainly in place.
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