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Largest Canadian Companies by Market Capitalization — Industrials

Complete ranking of Canada's largest publicly traded companies by market cap. Filter by exchange and sector.

Updated September 12, 2026101 companiesTotal market cap $623.4B

Showing 101 companies (CDRs hidden)

RankCompanySymbolRevenue (TTM)P/E RatioMarket Cap
1Canadian Pacific Railway LtdCP:TO$15.4B28.7$108.1B
2Canadian National Railway CoCNR:TO$17.8B21.8$102.6B
3Thomson Reuters CorpTRI:TO$7.8B25.3$57.4B
4Waste Connections IncWCN:TO$9.8B38.6$55.5B
5Bombardier Inc Series BBBD-B:TO$9.7B23.4$30.2B
6Bombardier IncBBD-A:TO$9.7B23.4$30.0B
7WSP Global IncWSP:TO$19.3B25.9$24.5B
8Gfl Environmental Holdings IncGFL:TO$7.0B-$20.8B
9RB GlobalRBA:TO$4.8B34.8$20.6B
10Toromont Industries Ltd.TIH:TO$5.6B32.2$16.5B
11TFI International IncTFII:TO$8.1B32.4$14.9B
12Finning International Inc.FTT:TO$11.2B22.4$12.2B
13Stantec IncSTN:TO$6.8B21.9$10.9B
14CAE Inc.CAE:TO$5.0B36.8$10.5B
15Element Fleet Management CorpEFN:TO$2.5B24.3$9.8B
16Bombardier Inc Pref BBBD-PB:TO$9.7B-$9.1B
17Bombardier Inc Pref DBBD-PD:TO$9.7B-$8.5B
18Air CanadaAC:TO$23.6B21.3$7.8B
19Bombardier Inc Pref CBBD-PC:TO$9.7B-$6.8B
20Exchange Income CorporationEIF:TO$3.7B32.2$6.7B
21MDA LtdMDA:TO$2.1B50.6$6.5B
22Secure Energy Services Inc.SES:TO$1.5B41.7$5.4B
23Russel Metals Inc.RUS:TO$5.3B19.3$4.2B
24Bird Construction Inc.BDT:TO$3.7B67.8$4.0B
25Brookfield Business Partners L.P.BBU-UN:TO$27.5B-$3.9B
26Aecon Group Inc.ARE:TO$6.0B-$3.1B
27Hammond Power Solutions IncHPS-A:TO$1.1B47.9$2.9B
28Badger Infrastructure Solutions LtdBDGI:TO$911M33.9$2.8B
29ATS CORPATS:TO$2.9B55.3$2.6B
30Westshore Terminals Investment CorpWTE:TO$330M25.9$2.5B
31Mullen Group Ltd.MTL:TO$2.3B23.0$2.5B
32Savaria CorporationSIS:TO$948M23.2$2.0B
33Magellan Aerospace CorporationMAL:TO$1.1B30.5$1.8B
34Cargojet IncCJT:TO$1.0B25.7$1.2B
35Black Diamond Group LimitedBDI:TO$508M48.6$1.2B
36Doman Building Materials Group LtdDBM:TO$3.1B11.2$947M
37Ballard Power Systems IncBLDP:TO$106M-$932M
38Algoma Central CorporationALC:TO$828M5.2$917M
39Calian Technologies LtdCGY:TO$870M24.1$916M
40Dexterra Group IncDXT:TO$1.1B20.0$862M
41GDI IntegratedGDI:TO$2.5B20.4$861M
42ADENTRA Inc.ADEN:TO$2.3B9.5$859M
43Diversified Royalty CorpDIV:TO$76M24.0$770M
44Wajax CorporationWJX:TO$2.1B10.1$648M
45Chorus Aviation IncCHR:TO$1.3B13.9$621M
46K-Bro Linen Inc.KBL:TO$592M24.6$541M
47Firan Technology Group CorporationFTG:TO$199M33.8$501M
48Electrovaya Inc.ELVA:TO$72M65.0$451M
49Anaergia IncANRG:TO$242M28.4$441M
50ADF Group Inc.DRX:TO$344M11.8$430M
51Velan Inc.VLN:TO$282M-$389M
52Hammond Manufacturing Company LimitedHMM-A:TO$303M15.2$281M
53Ag Growth International IncAFN:TO$1.4B-$259M
54Tantalus Systems Holding IncGRID:TO$60M-$214M
55Decisive Dividend CorpDE:V$153M60.0$166M
56DIRTT Environmental Solutions Ltd.DRT:TO$171M-$157M
57Data Communications Management LtdDCM:TO$441M29.8$149M
58Titanium Transportation Group Inc.TTNM:TO$470M-$103M
59BQE Water IncBQE:V$31M18.7$93M
60BioRem Inc.BRM:V$51M10.3$57M
61DynaCERT Inc.DYA:TO$495,770-$53M
62BluMetric Environmental IncBLM:V$78M-$53M
63PyroGenesis Canada Inc.PYR:TO$16M-$45M
64Atlas Engineered Products LtdAEP:V$63M-$44M
65Vitreous Glass IncVCI:V$15M12.0$44M
66Omni-Lite Industries Canada Inc.OML:V$17M27.0$42M
67CHAR Technologies LtdYES:V$3M0.0$39M
68FuelPositive CorpNHHH:V--$36M
69Caldwell Partners International IncCWL:TO$116M9.3$33M
70Greenlane Renewables IncGRN:TO$43M-$30M
71Northstar Clean Technologies IncROOF:V$692,913-$28M
72Thermal Energy International Inc.TMG:V$33M16.0$27M
73EnWave CorporationENW:V$12M-$27M
74Ecolomondo CorpECM:V$1M-$26M
75Next Hydrogen Solutions Inc.NXH:V$4M-$26M
76Reko International Group IncREKO:V$43M8.5$25M
77Legend Power Systems IncLPS:V$2M-$23M
78Solution Financial IncSFI:TO$12M27.0$22M
79IBC Advanced Alloys CorpIB:V$19M-$20M
80CLEANTEK Industries IncCTEK:V$15M12.8$19M
81Vertex Resource Group LtdVTX:V$202M-$18M
82Cielo Waste Solutions CorpCMC:V--$14M
83Titan Logix Corp.TLA:V$6M-$13M
84Cymat Technologies Ltd.CYM:V$2M-$11M
85Questor Technology Inc.QST:V$2M-$7M
86Kelso Technologies IncKLS:TO$9M-$7M
87Earthworks Industries IncEWK:V-1.2$5M
88CubicFarm Systems CorpCUB:V$678,117-$4M
89Ostrom Climate Solutions IncCOO:V$27M1.2$4M
90Eguana Technologies IncEGT:V$2M-$4M
91Sparta Capital LtdSAY:V$11M-$4M
92Enerev5 Metals IncENEV:V-0.0$3M
93Appulse CorpAPL:V$-3,075,780-$3M
94Inventronics LtdIVX:V$8M32.0$3M
95Braille Energy Systems IncBES:V$3M-$3M
96Current Water Technologies IncWATR:V$2M-$2M
97Targeted Microwave Solutions IncTMS-H:V-0.0$1M
98Composite Alliance Group IncCAG:V$4M-$1M
99Wildpack Beverage IncCANS:V$65M-$1M
100Reco International Group IncRGI:V$2M-$0M
101Water Ways Technologies IncWWT:V$97,000-$0M

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Frequently Asked Questions

Which Canadian company ranks #1 by market cap in Industrials?

As of September 12, 2026, Canadian Pacific Railway Ltd (CP:TO) ranks #1 in Industrials at $108.1B.

How often is this ranking updated?

The table is rebuilt from live fundamentals throughout the day. This page currently shows data as of September 12, 2026.

How many companies are in this market cap list?

This view shows 101 Canadian listings in Industrials. Canadian Depositary Receipts are hidden by default.

What is the difference between TSX and TSXV?

The Toronto Stock Exchange (TSX) lists larger established companies. The TSX Venture Exchange (TSXV) lists earlier-stage companies. Use the exchange filter to separate them.

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