Invest in these unstoppable Canadian stocks for the next five years

With the TSX Index With a rise of 4% in 2026 and 29% in 2025, many Canadian stocks have been on an unstoppable run in recent years. While many here are probably overheated, there are plenty of stocks that can still deliver unstoppable long-term returns. Here are three Canadian stocks that look unstoppable over the next five years.

A long runway for this Canadian retail stock

Aritzia (TSX:ATZ) has been in turmoil since the pandemic. The share price is up 73% in the past year and 326% in the past five years.

That didn’t happen without some volatility. Aritzia has had two plus-45% withdrawals and one 60% withdrawal in the last five years. Still, none of these setbacks have held the stock back longer term.

Aritzia just delivered a banner quarter. Sales rose 43% to $1 billion. Net profit rose 87.5% to $138.9 million. The company has opened 13 new boutiques in 2025 and vastly expanded its presence in the US. U.S. sales now eclipse Canadian sales.

Management believes it can more than double its current number of stores in the US, so that should continue to be a growth driver. That’s before it considers international expansion for the future. With $620 million in additional cash on its balance sheet, it certainly has the firepower to continue driving its growth strategy.

The biggest limitation for Aritzia is that its valuation has increased significantly today. It trades on a price-to-earnings (P/E) ratio of 32, while its five-year average price-to-earnings (P/E) ratio is 27. You may have to wait for the stock to pull back. However, if this is the case, it’s probably a good time to add the stock.

A surging Canadian small-cap stock

Firan Technologies (TSX:FTG) only has a market cap of $380 million. However, this Canadian stock has developed well in recent years. The stock is up 105% in the past year and 561% in the past five years.

There could be more to come for this company. Firan supplies printed circuit boards, cockpit components and aftermarket parts to the aerospace industry. Commercial airlines are desperate for new, efficient aircraft. It has created a huge backlog for new aircraft.

That, along with rising demand for defense aircraft, has supported solid growth for Firan in recent years. Self-help initiatives such as smart acquisitions and production efficiencies have increased market and customer exposure.

Thanks to the strong performance, the share valuation has increased significantly. Yet this Canadian stock is still trading at a discount to its peers, so gains could still be in store.

A diversified company with revenues and growth

Exchange Income Corp. (TSX:EIF) has made a major breakthrough in 2025. The share price is up 77.5% in the past year and 155% in the past five years.

Exchange is a leading provider of air services to Canada’s northern regions. The recent acquisition of Canadian North further strengthens that position. Growing concerns about Arctic sovereignty and Arctic resources could lead to more development in the region. In the long run, that bodes well for Exchange’s business.

Exchange expects growth in the mid-teens by 2026. It could do even better if it wins some major defense contracts during the year. While you wait, Exchange shares earn a dividend yield of 2.9%. It has a history of growing the dividend quite regularly, so you also get to see your income composition.