Now, I’m generally not good at making predictions that come true with great accuracy. I would say there are very few investors. However, I have identified three companies with very solid catalysts heading into 2026 that are worth buying on this basis.
With that in mind, here are three top Canadian stocks that I think can provide solid growth for investors looking to put capital to work in the coming year.
Enbridge
With a new administration in Canada and the US already reshaping these countries’ budget priorities, there are few areas on which these governments have reached agreement. Indeed, trade has become a thorn in the side of Canadian Prime Minister Mark Carney, and there are likely to be material trade shifts in the coming years that will focus on reducing the country’s dependence on the US as a crucial trading partner.
That said, while energy transports may shift in terms of where they go, Enbridge (TSX:ENB) and the company’s network of existing pipeline capacity provide investors with highly sustainable exposure to this sector through a company with solid cash flows and a meaningful dividend yield.
That said, if Canada does indeed go in the direction it suggests with the approval of new pipelines, I think Enbridge will likely be the beneficiary of these moves. This is a stock that I think could have substantial upside in 2026 as the energy independence narrative gains momentum and the Canadian economy looks for new trading partners to work with.
Shopify
Any list of companies with significant growth potential should include this Shopify (TSX: STORE).
The shares of the e-commerce platform provider have had another very volatile year. However, the good news is clearly that this stock is moving in the right direction heading into 2026, close to its all-time high.
I think 2026 will likely bring even higher highs for the company given the structural growth drivers we’ve seen at play in the e-commerce sector. Big box stores and retailers with brick-and-mortar operations have seen slow growth. But sales of online goods have continued to rise.
I expect these trends to continue into 2026, with ever-increasing margins and accelerating revenue and revenue growth driving another big year for Shopify investors.
One Canadian company actually listed on the Nasdaq has huge tailwinds heading into 2026 in my opinion. The Metal Company (NASDAQ:TMC).
This deep-sea mining company is a pioneer in obtaining initial exploratory permits to mine nodules deep on the ocean floor, which contain crucial battery minerals. With an absolutely incredible untapped resource ready to be brought to the surface, I believe new regulatory approvals in the coming year could pave the way for commercialization faster than the company’s late 2027 timeline.
If that’s the case, the stock’s recent rise in 2025 could pale in comparison to next year’s returns. I think a lot has to go right for this company to see the kind of upside that I think is possible. However, given TMC’s current positioning in what I believe will be an absolutely massive industry, this is one of my top speculative picks in the market right now.
#Canadian #stocks #bullish #catalysts #heading