Research · refreshed nightly · July 28, 2026
Canada's Top Growth Companies (July 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
55.5median MGI
10joined this week
The ranking
Sorted by MGI
1
Vitalhub Corp.VHI.CA🇨🇦
Revenue +37%/yr · +23%/yr per share · asset light
G 73V 71O 80Cap $309.8M
MGI
73
MVI
71
MTI
28
MOI
80
Cap
$309.8M
Growth
+47%2
Shopify Inc.SHOP🇨🇦
Revenue +22%/yr · +21%/yr per share · scale economics
G 73V 51O 74Cap $159.5B
MGI
73
MVI
51
MTI
38
MOI
74
Cap
$159.5B
Growth
+34%3
Triple Flag Precious Metals Corp.TFPM🇨🇦
Revenue +25%/yr · +17%/yr per share · asset light
G 71V 58O 74Cap $6.0B
MGI
71
MVI
58
MTI
37
MOI
74
Cap
$6.0B
Growth
+79%4
Constellation Software Inc.CSU.CA🇨🇦
Revenue +19%/yr · +19%/yr per share · scale economics
G 70V 60O 75Cap $47.1B
MGI
70
MVI
60
MTI
38
MOI
75
Cap
$47.1B
Growth
+20%5
OR Royalties Inc.OR.CA🇨🇦
Revenue +13%/yr · +10%/yr per share · asset light
G 68V 63O 73Cap $5.5B
MGI
68
MVI
63
MTI
43
MOI
73
Cap
$5.5B
Growth
+87%6
TMX Group LimitedX.CA🇨🇦
Revenue +13%/yr · +13%/yr per share · asset light
G 68V 59O 71Cap $9.9B
MGI
68
MVI
59
MTI
38
MOI
71
Cap
$9.9B
Growth
+24%7
The Descartes Systems Group Inc.DSG.CA🇨🇦
Revenue +13%/yr · +13%/yr per share · asset light
G 67V 57O 70Cap $7.3B
MGI
67
MVI
57
MTI
37
MOI
70
Cap
$7.3B
Growth
+16%8
Lumine Group Inc.LMN.CA🇨🇦
Revenue +28%/yr · +26%/yr per share · scale economics
G 67V 60O 71Cap $5.0B
MGI
67
MVI
60
MTI
42
MOI
71
Cap
$5.0B
Growth
+11%9
Dollarama Inc.DOL.CA🇨🇦
Revenue +12%/yr · +15%/yr per share · scale economics
G 67V 49O 66Cap $34.7B
MGI
67
MVI
49
MTI
38
MOI
66
Cap
$34.7B
Growth
+21%10
Versamet Royalties CorporationVMET🇨🇦
Revenue +160%/yr · +88%/yr per share · scale economics
G 66V 69O 71Cap $1.2B
MGI
66
MVI
69
MTI
43
MOI
71
Cap
$1.2B
Growth
+160%11
Kits Eyecare Ltd.KITS.CA🇨🇦
Revenue +21%/yr · +18%/yr per share · scale economics
G 65V 55O 66Cap $351.2M
MGI
65
MVI
55
MTI
43
MOI
66
Cap
$351.2M
Growth
+23%12
BioSyent Inc.RX.CA🇨🇦
Revenue +10%/yr · +12%/yr per share · asset light
G 65V 66O 70Cap $117.6M
MGI
65
MVI
66
MTI
37
MOI
70
Cap
$117.6M
Growth
+27%13
Kinaxis Inc.KXS.CA🇨🇦
Revenue +18%/yr · +17%/yr per share · asset light
G 65V 69O 72Cap $3.5B
MGI
65
MVI
69
MTI
45
MOI
72
Cap
$3.5B
Growth
+18%14
BQE Water Inc.BQE.CA🇨🇦
Revenue +34%/yr · +48%/yr per share · scale economics
G 64V 72O 70Cap $65.8M
MGI
64
MVI
72
MTI
38
MOI
70
Cap
$65.8M
Growth
-35%15
Firan Technology Group CorporationFTG.CA🇨🇦
Revenue +20%/yr · +20%/yr per share · scale economics
G 64V 54O 65Cap $444.7M
MGI
64
MVI
54
MTI
38
MOI
65
Cap
$444.7M
Growth
+23%16
Aritzia Inc.ATZ.CA🇨🇦
Revenue +25%/yr · +24%/yr per share · scale economics
G 63V 58O 65Cap $11.8B
MGI
63
MVI
58
MTI
44
MOI
65
Cap
$11.8B
Growth
+25%17
D-BOX Technologies Inc.DBO.CA🇨🇦
Revenue +27%/yr · +25%/yr per share · asset light
G 62V 63O 66Cap $195.2M
MGI
62
MVI
63
MTI
45
MOI
66
Cap
$195.2M
Growth
+70%18
5N Plus Inc.VNP.CA🇨🇦
Revenue +15%/yr · +13%/yr per share · scale economics
G 61V 46O 60Cap $2.5B
MGI
61
MVI
46
MTI
40
MOI
60
Cap
$2.5B
Growth
+66%19
Celestica Inc.CLS🇨🇦
Revenue +23%/yr · +25%/yr per share · scale economics
G 61V 53O 62Cap $36.2B
MGI
61
MVI
53
MTI
60
MOI
62
Cap
$36.2B
Growth
+53%20
Docebo Inc.DCBO🇨🇦
Revenue +19%/yr · +22%/yr per share · asset light
G 59V 72O 65Cap $568.8M
MGI
59
MVI
72
MTI
47
MOI
65
Cap
$568.8M
Growth
+15%21
Franco-Nevada CorporationFNV🇨🇦
Revenue +10%/yr · +10%/yr per share · asset light
G 59V 55O 61Cap $41.3B
MGI
59
MVI
55
MTI
42
MOI
61
Cap
$41.3B
Growth
+77%22
Cipher Pharmaceuticals Inc.CPH.CA🇨🇦
Revenue +18%/yr · +19%/yr per share · asset light
G 58V 64O 62Cap $295.5M
MGI
58
MVI
64
MTI
45
MOI
62
Cap
$295.5M
Growth
+4%23
Tantalus Systems Holding Inc.GRID.CA🇨🇦
Revenue +12%/yr · +6%/yr per share · asset light
G 58V 63O 61Cap $206.5M
MGI
58
MVI
63
MTI
42
MOI
61
Cap
$206.5M
Growth
+27%24
Fortuna Mining Corp.FSM🇨🇦
Revenue +13%/yr · +7%/yr per share · asset light
G 57V 64O 61Cap $2.8B
MGI
57
MVI
64
MTI
55
MOI
61
Cap
$2.8B
Growth
+18%25
Cronos Group Inc.CRON🇨🇦
Revenue +20%/yr · +19%/yr per share · scale economics
G 56V 61O 59Cap $1.0B
MGI
56
MVI
61
MTI
48
MOI
59
Cap
$1.0B
Growth
+40%26
Cameco CorporationCCO.CA🇨🇦
Revenue +19%/yr · +17%/yr per share · scale economics
G 55V 36O 49Cap $42.8B
MGI
55
MVI
36
MTI
40
MOI
49
Cap
$42.8B
Growth
+19%27
Empress Royalty Corp.EMPR.CA🇨🇦
Revenue +249%/yr · +222%/yr per share · scale economics
G 55V 64O 58Cap $79.9M
MGI
55
MVI
64
MTI
50
MOI
58
Cap
$79.9M
Growth
+249%28
Wheaton Precious Metals Corp.WPM🇨🇦
Revenue +18%/yr · +18%/yr per share · asset light
G 55V 60O 60Cap $50.9B
MGI
55
MVI
60
MTI
38
MOI
60
Cap
$50.9B
Growth
+92%29
AtkinsRéalis Group Inc.ATRL.CA🇨🇦
Revenue +9%/yr · +11%/yr per share · asset light
G 53V 52O 54Cap $10.3B
MGI
53
MVI
52
MTI
42
MOI
54
Cap
$10.3B
Growth
+18%30
Alamos Gold Inc.AGI🇨🇦
Revenue +20%/yr · +19%/yr per share · asset light
G 52V 56O 53Cap $12.5B
MGI
52
MVI
56
MTI
33
MOI
53
Cap
$12.5B
Growth
+79%31
K92 Mining Inc.KNT.CA🇨🇦
Revenue +35%/yr · +33%/yr per share · asset light
G 51V 62O 54Cap $4.0B
MGI
51
MVI
62
MTI
52
MOI
54
Cap
$4.0B
Growth
+63%32
Stantec Inc.STN🇨🇦
Revenue +13%/yr · +12%/yr per share · scale economics
G 51V 53O 52Cap $8.9B
MGI
51
MVI
53
MTI
44
MOI
52
Cap
$8.9B
Growth
+8%33
Sprott Inc.SII🇨🇦
Revenue +18%/yr · +19%/yr per share · asset light
G 51V 63O 54Cap $2.7B
MGI
51
MVI
63
MTI
45
MOI
54
Cap
$2.7B
Growth
+240%34
Auxly Cannabis Group Inc.XLY.CA🇨🇦
Revenue +14%/yr · -1%/yr per share · asset light
G 51V 72O 56Cap $182.8M
MGI
51
MVI
72
MTI
57
MOI
56
Cap
$182.8M
Growth
+22%35
Aris Mining Corp.ARIS.CA🇨🇦
Revenue +24%/yr · +7%/yr per share · asset light
G 51V 62O 54Cap $3.1B
MGI
51
MVI
62
MTI
53
MOI
54
Cap
$3.1B
Growth
+137%36
Topaz Energy Corp.TPZ.CA🇨🇦
Revenue +13%/yr · +8%/yr per share · asset light
G 50V 51O 51Cap $3.5B
MGI
50
MVI
51
MTI
44
MOI
51
Cap
$3.5B
Growth
+17%37
Fortuna Mining Corp.FVI.CA🇨🇦
Revenue +13%/yr · +7%/yr per share · asset light
G 50V 63O 53Cap $2.6B
MGI
50
MVI
63
MTI
48
MOI
53
Cap
$2.6B
Growth
+18%38
Mako Mining Corp.MAKO🇨🇦
Revenue +58%/yr · +50%/yr per share · asset light
G 50V 52O 50Cap $595.6M
MGI
50
MVI
52
MTI
68
MOI
50
Cap
$595.6M
Growth
+116%39
Torex Gold Resources Inc.TXG.CA🇨🇦
Revenue +14%/yr · +13%/yr per share · asset light
G 50V 68O 54Cap $3.7B
MGI
50
MVI
68
MTI
57
MOI
54
Cap
$3.7B
Growth
+83%40
Alvopetro Energy Ltd.ALV.CA🇨🇦
Revenue +13%/yr · +11%/yr per share · asset light
G 50V 59O 52Cap $302.4M
MGI
50
MVI
59
MTI
42
MOI
52
Cap
$302.4M
Growth
+24%41
Propel Holdings Inc.PRL.CA🇨🇦
Revenue +37%/yr · +26%/yr per share · scale economics
G 50V 68O 54Cap $722.1M
MGI
50
MVI
68
MTI
52
MOI
54
Cap
$722.1M
Growth
+28%42
Pan American Silver Corp.PAAS🇨🇦
Revenue +20%/yr · +5%/yr per share · asset light
G 50V 52O 50Cap $20.8B
MGI
50
MVI
52
MTI
48
MOI
50
Cap
$20.8B
Growth
+49%43
Kraken Robotics Inc.PNG.CA🇨🇦
Revenue +33%/yr · +21%/yr per share · asset light
G 49V 53O 50Cap $1.5B
MGI
49
MVI
53
MTI
42
MOI
50
Cap
$1.5B
Growth
+35%44
Haivision Systems Inc.HAI.CA🇨🇦
Revenue +9%/yr · +7%/yr per share · asset light
G 49V 69O 54Cap $84.6M
MGI
49
MVI
69
MTI
48
MOI
54
Cap
$84.6M
Growth
-5%45
Total Energy Services Inc.TOT.CA🇨🇦
Revenue +21%/yr · +25%/yr per share · scale economics
G 49V 65O 53Cap $607.2M
MGI
49
MVI
65
MTI
57
MOI
53
Cap
$607.2M
Growth
+21%46
Coveo Solutions Inc.CVO.CA🇨🇦
Revenue +14%/yr · +3%/yr per share · asset light
G 49V 59O 51Cap $337.1M
MGI
49
MVI
59
MTI
59
MOI
51
Cap
$337.1M
Growth
+14%47
Hammond Power Solutions Inc.HPS.A.CA🇨🇦
Revenue +20%/yr · +20%/yr per share · scale economics
G 48V 53O 48Cap $2.3B
MGI
48
MVI
53
MTI
47
MOI
48
Cap
$2.3B
Growth
+27%48
Wesdome Gold Mines Ltd.WDO.CA🇨🇦
Revenue +31%/yr · +30%/yr per share · asset light
G 48V 59O 50Cap $2.7B
MGI
48
MVI
59
MTI
52
MOI
50
Cap
$2.7B
Growth
+64%
Changed this week
Week over week, from the nightly refresh.
Entered
Topaz Energy Corp. (TPZ.CA) · joined at #36 · Revenue +13%/yr · +8%/yr per share · asset light
EnteredFortuna Mining Corp. (FVI.CA) · joined at #37 · Revenue +13%/yr · +7%/yr per share · asset light
EnteredOGC (OGC) · since left the ranking
EnteredStantec Inc. (STN) · joined at #32 · Revenue +13%/yr · +12%/yr per share · scale economics
EnteredAlvopetro Energy Ltd. (ALV.CA) · joined at #40 · Revenue +13%/yr · +11%/yr per share · asset light
+5 more
AUPH, IMAX, TXG.CA, SCR.CA, PSI.CA also joined
Left
OGC, GUD.CA, TPZ.CA, BDGI.CA, OGC, SCR.CA, ERO, PSI.CA, K.CA, AEM
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Research tool, not investment advice. Rankings are generated by our models from company filings and market data, refresh nightly, and are identical for every visitor. Scores reflect our methodology and are not recommendations to act. Data as of 2026-07-28.