Canadian tech companies are sleeping giants. They often represent some of the darlings of the market and form the basis for other companies to replicate.
Here’s a look at two of those Canadian tech titans that will see huge long-term gains in the coming years.
The online platform that changed everything
It would be almost impossible to name Canadian tech companies shaping the future without thinking Shopify (TSX: STORE). The online platform has grown impressively over the past decade and remains one of the best growth opportunities on the market.
For those who don’t know what Shopify does, the company powers a growing portion of global e-commerce through its storefront systems. Shopify powers millions of sellers in more than 175 countries, making it a global e-commerce player.
These systems include additional features for everything from order fulfillment, support, social media, and inventory management, to name a few.
The platform allows businesses to build an online presence and complete store in a fraction of the time required by traditional means.
AI is playing an increasingly important role on the Shopify platform. An example of this is Shopify Magic and Sidekick. Magic uses generative AI to create product descriptions, while Sidekick acts as a virtual assistant for sellers, helping them with inventory, marketing and analytics decisions.
In terms of potential, the sky is the limit. Analysts predict Shopify’s gross merchandise volume will reach $423 billion by 2026, with AI-enhanced seller tools driving that growth.
Shopify’s investment in AI supports the tremendous long-term growth of Canada’s tech sector and should be part of any well-diversified portfolio.
The company that grew into a market leader
The next pick from the Canadian technology market is Celestica (TSX:CLS). Celestica evolved from an electronics manufacturer to a Canadian technology titan and AI-driven leader.
The company focuses on high-tech manufacturing solutions for AI and cloud infrastructure. That includes advanced network switches and AI computing platforms.
Celestica’s AI computing platforms support hyperscalers, data centers and enterprise customers in both North America and Europe. Demand for these advanced switches caused the stock price to soar this year.
Very rarely does a stock perform as well as Celestica. Over the past twelve months, the stock has exploded into the stratosphere, growing as much as 390%.
That demand led the company to report an impressive 28% year-over-year revenue increase to $3.2 billion in the fiscal third quarter of 2025. That also helped boost earnings per share by a whopping 52% to $1.58.
In short, Celestica is a Canadian technology company that is taking both AI and cloud infrastructure to a new level. That demand is not decreasing.
Looking ahead, Celestica expects revenue of $16 billion and earnings per share of $8.20 in 2026. In other words, demand remains strong and the stock will continue to grow, making this a top pick for any investor looking for exposure to Canadian technology and AI.
These Canadian tech titans are calling
Shopify and Celestica represent different pillars of Canadian technology and infrastructure growth.
Specifically, hardware manufacturing and AI compute (Celestica) and AI-enhanced e-commerce infrastructure (Shopify).
Together, they are reshaping Canadian technology through AI-powered innovation and infrastructure scale. By doing this, they ensure strong sales and market growth.
This makes them the best choices for any well-diversified portfolio.
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