Research · refreshed nightly · August 17, 2026
Canada's Top Growth Companies (October 2026)
Canadian growth companies ranked.
Canada's top growth companies run from a $154B giant to a $58M water treatment specialist, and the ranking ignores the size gap entirely. Vitalhub, at just $314M, takes first with an MGI of 73, edging out Constellation Software ($42B) and Shopify ($154B), which share 70. Software, royalties and niche names make up most of the fifty.
The median MGI of 51 concentrates the strength in the top ten. Two per-share figures stand out for opposite reasons: BQE Water compounds revenue per share at 48%, ahead of its 34% headline rate, while Docebo's 268% per-share number is extreme enough to demand its backstory. Both stories, and the other 48, are laid out in the citation-backed analyses one click away.
50companies qualify
56.5median MGI
6joined this week
The ranking
Sorted by MGI
1
Shopify Inc.SHOP🇨🇦
Revenue +24%/yr · +23%/yr per share · scale economics
G 73V 49O 72Cap $173.9B
MGI
73
MVI
49
MTI
38
MOI
72
Cap
$173.9B
Growth
+34%2
Vitalhub Corp.VHI.CA🇨🇦
Revenue +39%/yr · +24%/yr per share · asset light
G 73V 69O 79Cap $343M
MGI
73
MVI
69
MTI
28
MOI
79
Cap
$343M
Growth
+33%3
Triple Flag Precious Metals Corp.TFPM🇨🇦
Revenue +27%/yr · +18%/yr per share · asset light
G 71V 51O 71Cap $7.6B
MGI
71
MVI
51
MTI
37
MOI
71
Cap
$7.6B
Growth
+37%4
Constellation Software Inc.CSU.CA🇨🇦
Revenue +20%/yr · +20%/yr per share · scale economics
G 70V 57O 74Cap $51.9B
MGI
70
MVI
57
MTI
38
MOI
74
Cap
$51.9B
Growth
+20%5
Tantalus Systems Holding Inc.GRID.CA🇨🇦
Revenue +13%/yr · +6%/yr per share · asset light
G 68V 70O 74Cap $185.8M
MGI
68
MVI
70
MTI
42
MOI
74
Cap
$185.8M
Growth
+27%6
OR Royalties Inc.OR.CA🇨🇦
Revenue +15%/yr · +13%/yr per share · asset light
G 68V 56O 70Cap $7.3B
MGI
68
MVI
56
MTI
43
MOI
70
Cap
$7.3B
Growth
+87%7
Lumine Group Inc.LMN.CA🇨🇦
Revenue +30%/yr · +28%/yr per share · scale economics
G 67V 60O 71Cap $5.0B
MGI
67
MVI
60
MTI
42
MOI
71
Cap
$5.0B
Growth
+32%8
The Descartes Systems Group Inc.DSG.CA🇨🇦
Revenue +13%/yr · +13%/yr per share · asset light
G 67V 56O 70Cap $7.5B
MGI
67
MVI
56
MTI
37
MOI
70
Cap
$7.5B
Growth
+16%9
Dollarama Inc.DOL.CA🇨🇦
Revenue +12%/yr · +15%/yr per share · scale economics
G 67V 48O 66Cap $35.7B
MGI
67
MVI
48
MTI
38
MOI
66
Cap
$35.7B
Growth
+21%10
Versamet Royalties CorporationVMET🇨🇦
Revenue +187%/yr · +105%/yr per share · asset light
G 66V 71O 72Cap $1.1B
MGI
66
MVI
71
MTI
43
MOI
72
Cap
$1.1B
Growth
+187%11
Kinaxis Inc.KXS.CA🇨🇦
Revenue +19%/yr · +18%/yr per share · asset light
G 65V 67O 71Cap $3.8B
MGI
65
MVI
67
MTI
45
MOI
71
Cap
$3.8B
Growth
+19%12
BioSyent Inc.RX.CA🇨🇦
Revenue +10%/yr · +12%/yr per share · asset light
G 65V 65O 70Cap $121.8M
MGI
65
MVI
65
MTI
37
MOI
70
Cap
$121.8M
Growth
+27%13
Kits Eyecare Ltd.KITS.CA🇨🇦
Revenue +22%/yr · +19%/yr per share · scale economics
G 65V 55O 66Cap $347.8M
MGI
65
MVI
55
MTI
43
MOI
66
Cap
$347.8M
Growth
+18%14
BQE Water Inc.BQE.CA🇨🇦
Revenue +34%/yr · +48%/yr per share · scale economics
G 64V 73O 71Cap $64.7M
MGI
64
MVI
73
MTI
38
MOI
71
Cap
$64.7M
Growth
-35%15
CEMATRIX CorporationCEMX.CA🇨🇦
Revenue +19%/yr · +12%/yr per share · scale economics
G 64V 73O 70Cap $53.7M
MGI
64
MVI
73
MTI
28
MOI
70
Cap
$53.7M
Growth
+10%16
Firan Technology Group CorporationFTG.CA🇨🇦
Revenue +20%/yr · +20%/yr per share · scale economics
G 64V 53O 65Cap $458M
MGI
64
MVI
53
MTI
38
MOI
65
Cap
$458M
Growth
+23%17
Aritzia Inc.ATZ.CA🇨🇦
Revenue +25%/yr · +24%/yr per share · scale economics
G 63V 58O 65Cap $12.1B
MGI
63
MVI
58
MTI
44
MOI
65
Cap
$12.1B
Growth
+25%18
D-BOX Technologies Inc.DBO.CA🇨🇦
Revenue +27%/yr · +25%/yr per share · asset light
G 62V 63O 66Cap $194.2M
MGI
62
MVI
63
MTI
45
MOI
66
Cap
$194.2M
Growth
+70%19
Celestica Inc.CLS🇨🇦
Revenue +23%/yr · +25%/yr per share · scale economics
G 61V 48O 60Cap $42.3B
MGI
61
MVI
48
MTI
60
MOI
60
Cap
$42.3B
Growth
+62%20
5N Plus Inc.VNP.CA🇨🇦
Revenue +16%/yr · +14%/yr per share · scale economics
G 61V 53O 62Cap $2.0B
MGI
61
MVI
53
MTI
40
MOI
62
Cap
$2.0B
Growth
+66%21
Docebo Inc.DCBO🇨🇦
Revenue +20%/yr · +23%/yr per share · asset light
G 59V 71O 65Cap $608M
MGI
59
MVI
71
MTI
47
MOI
65
Cap
$608M
Growth
+13%22
Franco-Nevada CorporationFNV🇨🇦
Revenue +12%/yr · +12%/yr per share · asset light
G 59V 49O 59Cap $51.2B
MGI
59
MVI
49
MTI
42
MOI
59
Cap
$51.2B
Growth
+77%23
Cipher Pharmaceuticals Inc.CPH.CA🇨🇦
Revenue +18%/yr · +19%/yr per share · asset light
G 58V 67O 63Cap $259.6M
MGI
58
MVI
67
MTI
45
MOI
63
Cap
$259.6M
Growth
+4%24
Fortuna Mining Corp.FSM🇨🇦
Revenue +13%/yr · +7%/yr per share · asset light
G 57V 62O 60Cap $3.1B
MGI
57
MVI
62
MTI
55
MOI
60
Cap
$3.1B
Growth
+38%25
TMX Group LimitedX.CA🇨🇦
Revenue +14%/yr · +14%/yr per share · asset light
G 57V 56O 59Cap $10.0B
MGI
57
MVI
56
MTI
38
MOI
59
Cap
$10.0B
Growth
+16%26
Cronos Group Inc.CRON🇨🇦
Revenue +23%/yr · +22%/yr per share · scale economics
G 56V 59O 59Cap $1.1B
MGI
56
MVI
59
MTI
48
MOI
59
Cap
$1.1B
Growth
+58%27
Alamos Gold Inc.AGI🇨🇦
Revenue +22%/yr · +20%/yr per share · asset light
G 56V 51O 56Cap $16.0B
MGI
56
MVI
51
MTI
52
MOI
56
Cap
$16.0B
Growth
+36%28
Cameco CorporationCCO.CA🇨🇦
Revenue +19%/yr · +17%/yr per share · scale economics
G 55V 35O 49Cap $44.0B
MGI
55
MVI
35
MTI
40
MOI
49
Cap
$44.0B
Growth
+19%29
Empress Royalty Corp.EMPR.CA🇨🇦
Revenue +232%/yr · +205%/yr per share · asset light
G 55V 57O 56Cap $104.7M
MGI
55
MVI
57
MTI
50
MOI
56
Cap
$104.7M
Growth
+232%30
Wheaton Precious Metals Corp.WPM🇨🇦
Revenue +21%/yr · +21%/yr per share · asset light
G 55V 53O 57Cap $66.7B
MGI
55
MVI
53
MTI
38
MOI
57
Cap
$66.7B
Growth
+85%31
Aris Mining Corp.ARIS.CA🇨🇦
Revenue +27%/yr · +9%/yr per share · asset light
G 53V 57O 55Cap $4.0B
MGI
53
MVI
57
MTI
52
MOI
55
Cap
$4.0B
Growth
+62%32
Capstone Copper Corp.CS.CA🇨🇦
Revenue +27%/yr · +13%/yr per share · scale economics
G 53V 45O 52Cap $9.1B
MGI
53
MVI
45
MTI
55
MOI
52
Cap
$9.1B
Growth
+39%33
K92 Mining Inc.KNT.CA🇨🇦
Revenue +39%/yr · +37%/yr per share · asset light
G 51V 55O 52Cap $5.3B
MGI
51
MVI
55
MTI
52
MOI
52
Cap
$5.3B
Growth
+63%34
Endeavour Silver Corp.EDR.CA🇨🇦
Revenue +35%/yr · +20%/yr per share · scale economics
G 51V 58O 53Cap $2.8B
MGI
51
MVI
58
MTI
53
MOI
53
Cap
$2.8B
Growth
+35%35
Sprott Inc.SII🇨🇦
Revenue +19%/yr · +20%/yr per share · asset light
G 51V 56O 53Cap $3.6B
MGI
51
MVI
56
MTI
45
MOI
53
Cap
$3.6B
Growth
+28%36
Stantec Inc.STN🇨🇦
Revenue +13%/yr · +13%/yr per share · scale economics
G 51V 56O 53Cap $8.2B
MGI
51
MVI
56
MTI
44
MOI
53
Cap
$8.2B
Growth
+8%37
Auxly Cannabis Group Inc.XLY.CA🇨🇦
Revenue +15%/yr · -1%/yr per share · asset light
G 51V 70O 56Cap $199.8M
MGI
51
MVI
70
MTI
57
MOI
56
Cap
$199.8M
Growth
+22%38
Torex Gold Resources Inc.TXG.CA🇨🇦
Revenue +16%/yr · +15%/yr per share · asset light
G 50V 61O 53Cap $4.8B
MGI
50
MVI
61
MTI
57
MOI
53
Cap
$4.8B
Growth
+83%39
Pan American Silver Corp.PAAS🇨🇦
Revenue +21%/yr · +6%/yr per share · asset light
G 50V 53O 51Cap $19.4B
MGI
50
MVI
53
MTI
48
MOI
51
Cap
$19.4B
Growth
+49%40
Alvopetro Energy Ltd.ALV.CA🇨🇦
Revenue +14%/yr · +13%/yr per share · asset light
G 50V 60O 52Cap $296.9M
MGI
50
MVI
60
MTI
42
MOI
52
Cap
$296.9M
Growth
+24%41
Mako Mining Corp.MAKO🇨🇦
Revenue +58%/yr · +50%/yr per share · asset light
G 50V 41O 48Cap $886.2M
MGI
50
MVI
41
MTI
68
MOI
48
Cap
$886.2M
Growth
+116%42
Fortuna Mining Corp.FVI.CA🇨🇦
Revenue +13%/yr · +8%/yr per share · asset light
G 50V 54O 51Cap $3.7B
MGI
50
MVI
54
MTI
48
MOI
51
Cap
$3.7B
Growth
+18%43
Topaz Energy Corp.TPZ.CA🇨🇦
Revenue +13%/yr · +8%/yr per share · asset light
G 50V 52O 51Cap $3.4B
MGI
50
MVI
52
MTI
44
MOI
51
Cap
$3.4B
Growth
+24%44
Propel Holdings Inc.PRL.CA🇨🇦
Revenue +38%/yr · +27%/yr per share · scale economics
G 50V 64O 53Cap $880.3M
MGI
50
MVI
64
MTI
52
MOI
53
Cap
$880.3M
Growth
+33%45
Kraken Robotics Inc.PNG.CA🇨🇦
Revenue +33%/yr · +21%/yr per share · asset light
G 49V 53O 50Cap $1.6B
MGI
49
MVI
53
MTI
42
MOI
50
Cap
$1.6B
Growth
+35%46
Haivision Systems Inc.HAI.CA🇨🇦
Revenue +9%/yr · +7%/yr per share · asset light
G 49V 68O 54Cap $89.7M
MGI
49
MVI
68
MTI
48
MOI
54
Cap
$89.7M
Growth
-5%47
Total Energy Services Inc.TOT.CA🇨🇦
Revenue +23%/yr · +27%/yr per share · scale economics
G 49V 57O 51Cap $816.7M
MGI
49
MVI
57
MTI
57
MOI
51
Cap
$816.7M
Growth
+25%48
Hammond Power Solutions Inc.HPS.A.CA🇨🇦
Revenue +23%/yr · +23%/yr per share · scale economics
G 48V 53O 48Cap $2.3B
MGI
48
MVI
53
MTI
47
MOI
48
Cap
$2.3B
Growth
+61%
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