The success of the Prime Minister’s agenda will depend heavily on the active participation and support of Canadian businesses. Pembina Pipeline (TSX:PPL), Cameco Corporation (TSX:CCO), and Graphite from the new world (TSX:NOU) are among domestic companies well positioned to contribute in the areas of energy infrastructure, nuclear energy supply and critical mineral development. They are must-have TSX stocks to start in 2026.
Energy infrastructure
Pembina Pipeline is considered a reliable source of passive income. At $51.69 per share, the dividend yield is 5.5%. This dividend titan has never missed a dividend payment since the fourth quarter of 2010. If you invest today, the payout frequency is quarterly.
The $30 billion company owns and operates conventional pipeline systems, including the Peace Pipeline. This multi-phase pipeline system transports natural gas liquids (NGLs), crude oil and condensate from production areas to processing centers in North America. Expansion is taking place to meet the growing demand for propane and ethane.
Pembina expects to play a critical role in reshaping Canada’s energy strategy and unlocking the country’s abundant and diverse energy resources. Short-term plans include developing new energy projects and ensuring the resilience of supply chains produced in Canada.
Nuclear energy
Cameco is the top-of-mind choice if you want a pure investment in nuclear energy. The $55.5 billion company provides nuclear fuel and nuclear energy products, services and technologies. In terms of performance, this large-cap stock is one of the top performers in the energy sector this year.
At $127.48 per share, year-to-date gains are 72.8%. CCO has rewarded investors with a hefty total return of 320.7% over the past three years. Management is convinced that increased interest in nuclear energy will sustainably strengthen the foundations of the uranium industry in the long term.
The world needs nuclear energy to achieve a net-zero future. Cameco wants to be a strategic partner in that process. Its activities cover the entire fuel cycle, from exploration to fuel services, and uranium production. Expect Cameco to support Canada’s nation-building initiatives by supplying crucial uranium for clean energy.
Critical minerals
Nouveau Monde Graphite is North America’s largest fully integrated, carbon-neutral graphite producer. The $583.5 million company supplies critical materials for electric vehicles (EVs), energy storage and technology. At $3.63 per share, the one-year price return is plus -56.5%.
On November 13, 2025, Nouveau’s Matawinie mine in Saint-Michel-des-Saints, Quebec, was referred to the federal government’s Major Projects Office (MPO). According to management, the graphite flagship is the mine of the future. It has a mine life of 25 years.
Under the Canadian strategy, the mine will become a powerhouse in the extraction and upgrading of crucial minerals, including graphite, tungsten, copper, lithium, nickel and cobalt. Construction of the Matawinie mine will begin in the first quarter of 2026 with production commencing in mid-2028. It will also create more than 1,000 new jobs.
Strategic roles
Canadians have compelling reasons to consider investing in Pembina Pipeline, Cameco and Nouveau Monde. The companies have a strategic role to play in Canada’s long-term growth and sustainability strategy.
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