Rankings · WA Score
Top Canadian industrial stocks
Industrials companies on the TSX and TSX Venture, ranked by overall WA Score.
Updated November 11, 2026 · TSX and TSX Venture
50 companies make this list out of 947 scored Canadian stocks. BioRem Inc. (BRM, 93), Canadian National Railway Co (CNR, 90) and Hammond Manufacturing Company Limited (HMM-A, 90) lead it. Industrials is the most common sector in the top 25 (25 names). 3 trade on the TSX Venture. The median stock here is up 28.3% this year.
The Tuesday Stock Pick · free, every tuesday morning. One Canadian stock and the case for it.
| # | Company | WA Score | Val | Qual | Mom | Anl | Ins | YTD | Mkt cap |
|---|---|---|---|---|---|---|---|---|---|
| 1 | BioRem Inc. BRM · TSXV · Industrials | 93 | 86 | 72 | 87 | 25 | – | +58.9% | $68M |
| 2 | Canadian National Railway Co CNR · TSX · Industrials | 90 | 72 | 83 | 82 | 24 | 50 | +32.5% | $108B |
| 3 | Hammond Manufacturing Company Limited HMM-A · TSX · Industrials | 90 | 85 | 62 | 76 | – | – | +145.5% | $317M |
| 4 | Algoma Central Corporation ALC · TSX · Industrials | 89 | 96 | 72 | 84 | 2 | – | +63.8% | $1.3B |
| 5 | ADF Group Inc. DRX · TSX · Industrials | 89 | 80 | 59 | 86 | 43 | – | +80.8% | $480M |
| 6 | ADENTRA Inc. ADEN · TSX · Industrials | 86 | 91 | 49 | 74 | 55 | – | +10.7% | $915M |
| 7 | Westshore Terminals Investment Corp WTE · TSX · Industrials | 84 | 66 | 79 | 85 | 16 | – | +82.0% | $2.7B |
| 8 | Canadian Pacific Railway Ltd CP · TSX · Industrials | 83 | 65 | 73 | 84 | 24 | 50 | +30.4% | $115B |
| 9 | Savaria Corporation SIS · TSX · Industrials | 81 | 70 | 63 | 79 | 39 | – | +33.1% | $2.1B |
| 10 | Russel Metals Inc. RUS · TSX · Industrials | 80 | 84 | 58 | 65 | 51 | 50 | +79.9% | $4.2B |
| 11 | Firan Technology Group Corporation FTG · TSX · Industrials | 80 | 62 | 69 | 80 | 34 | – | +196.8% | $820M |
| 12 | Data Communications Management Ltd DCM · TSX · Industrials | 80 | 66 | 46 | 66 | 90 | – | +34.1% | $145M |
| 13 | BQE Water Inc BQE · TSXV · Industrials | 80 | 77 | 65 | 48 | 77 | – | +4.6% | $87M |
| 14 | Thomson Reuters Corp TRI · TSX · Industrials | 79 | 65 | 71 | 62 | 43 | 60 | −8.5% | $68.9B |
| 15 | Exchange Income Corporation EIF · TSX · Industrials | 79 | 64 | 57 | 81 | 47 | 50 | +52.1% | $6.7B |
| 16 | Mullen Group Ltd. MTL · TSX · Industrials | 79 | 71 | 56 | 84 | 34 | – | +89.4% | $2.8B |
| 17 | Magellan Aerospace Corporation MAL · TSX · Industrials | 79 | 65 | 51 | 80 | 58 | – | +75.1% | $1.9B |
| 18 | Diversified Royalty Corp DIV · TSX · Industrials | 77 | 72 | 85 | 31 | 67 | – | −4.0% | $683M |
| 19 | Calian Technologies Ltd CGY · TSX · Industrials | 76 | 67 | 51 | 86 | 39 | – | +58.7% | $1.0B |
| 20 | Waste Connections Inc WCN · TSX · Industrials | 75 | 62 | 68 | 82 | 22 | 50 | +12.9% | $66.7B |
| 21 | Cargojet Inc CJT · TSX · Industrials | 75 | 65 | 51 | 79 | 49 | – | +12.1% | $1.4B |
| 22 | Dexterra Group Inc DXT · TSX · Industrials | 73 | 67 | 52 | 89 | 25 | – | +70.2% | $1.2B |
| 23 | Chorus Aviation Inc CHR · TSX · Industrials | 73 | 78 | 48 | 88 | 17 | – | +52.5% | $707M |
| 24 | Bombardier Inc Series B BBD-B · TSX · Industrials | 71 | 68 | 52 | 82 | 28 | – | +38.9% | $59.0B |
| 25 | K-Bro Linen Inc. KBL · TSX · Industrials | 71 | 69 | 49 | 69 | 53 | – | +19.4% | $536M |
| 26 | MDA Ltd MDA · TSX · Industrials | 68 | 59 | 48 | 63 | 70 | 50 | +57.1% | $6.5B |
| 27 | Secure Energy Services Inc. SES · TSX · Industrials | 68 | 62 | 66 | 79 | 11 | – | +41.0% | $5.4B |
| 28 | Hammond Power Solutions Inc HPS-A · TSX · Industrials | 68 | 64 | 63 | 34 | 89 | – | +28.3% | $2.2B |
| 29 | Black Diamond Group Limited BDI · TSX · Industrials | 68 | 58 | 51 | 84 | 33 | – | +47.5% | $1.5B |
| 30 | Wajax Corporation WJX · TSX · Industrials | 68 | 86 | 48 | 63 | 37 | – | +22.5% | $737M |
| 31 | Badger Infrastructure Solutions Ltd BDGI · TSX · Industrials | 67 | 66 | 63 | 36 | 79 | – | +6.1% | $2.5B |
| 32 | Element Fleet Management Corp EFN · TSX · Industrials | 64 | 75 | 74 | 20 | 68 | 50 | −43.2% | $7.8B |
| 33 | Air Canada AC · TSX · Industrials | 64 | 70 | 43 | 66 | 50 | 50 | +17.9% | $5.5B |
| 34 | Doman Building Materials Group Ltd DBM · TSX · Industrials | 64 | 91 | 49 | 40 | 52 | – | +3.9% | $888M |
| 35 | WSP Global Inc WSP · TSX · Industrials | 63 | 68 | 55 | 43 | 69 | 50 | −25.6% | $24.9B |
| 36 | Bird Construction Inc. BDT · TSX · Industrials | 63 | 58 | 48 | 72 | 45 | 50 | +152.6% | $4.0B |
| 37 | Bombardier Inc BBD-A · TSX · Industrials | 62 | 68 | 52 | 81 | 6 | 50 | +38.2% | $58.6B |
| 38 | Toromont Industries Ltd. TIH · TSX · Industrials | 62 | 66 | 66 | 43 | 51 | 50 | +16.9% | $15.9B |
| 39 | Stantec Inc STN · TSX · Industrials | 62 | 69 | 62 | 44 | 50 | 50 | −18.0% | $12.1B |
| 40 | Finning International Inc. FTT · TSX · Industrials | 61 | 71 | 57 | 47 | 50 | 50 | +27.7% | $12.4B |
| 41 | CAE Inc. CAE · TSX · Industrials | 58 | 61 | 51 | 65 | 34 | 50 | −8.4% | $12.5B |
| 42 | DIRTT Environmental Solutions Ltd. DRT · TSX · Industrials | 57 | 87 | 26 | 58 | 48 | – | −8.7% | $163M |
| 43 | GDI Integrated GDI · TSX · Industrials | 56 | 74 | 43 | 71 | 14 | – | +0.9% | $861M |
| 44 | RB Global RBA · TSX · Industrials | 55 | 62 | 61 | 52 | 30 | 50 | −3.5% | $25.1B |
| 45 | TFI International Inc TFII · TSX · Industrials | 52 | 72 | 54 | 26 | 62 | 50 | −7.6% | $11.0B |
| 46 | Aecon Group Inc. ARE · TSX · Industrials | 52 | 45 | 33 | 84 | 35 | 50 | +80.6% | $3.9B |
| 47 | Electrovaya Inc. ELVA · TSX · Industrials | 51 | 60 | 50 | 23 | 85 | – | −32.4% | $371M |
| 48 | Decisive Dividend Corp DE · TSXV · Industrials | 51 | 57 | 41 | 44 | 66 | 50 | +7.9% | $162M |
| 49 | Gfl Environmental Holdings Inc GFL · TSX · Industrials | 50 | 44 | 37 | 78 | 33 | 50 | +10.2% | $23.4B |
| 50 | Tantalus Systems Holding Inc GRID · TSX · Industrials | 43 | 48 | 29 | 39 | 82 | – | −6.8% | $246M |
Factor columns: Val = value, Qual = quality, Mom = momentum, Anl = analyst upside, Ins = insider buying. Each is a percentile from 1 to 99 against Canadian common stocks worth $50M or more. Split corps and closed-end funds are excluded. A data ranking, not a recommendation. Methodology
Awesome Portfolio™
Our 10 best Canadian stocks, in one list.
14.8% a year since 2017 against 9.7% for the S&P/TSX Composite (+5.0 points a year). Reviewed every month.
Free newsletter · Every Tuesday morning
The Tuesday Stock Pick
One Canadian stock and the case for it.
- The name with the biggest gap to analyst targets
- The chart, insider buying and what is driving it
- A plain-English bottom line, no hype