3 Top Canadian Stocks Proving They’re Built to Thrive

Strong earnings, bold moves, and long-term vision make these Canadian stocks worth watching.

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In a time when global markets are still dealing with uncertainty, some fundamentally strong Canadian stocks are continuing to deliver impressive results backed by strong strategies. Each of them brings something unique to the table, making them worth watching closely.

In this article, I’ll talk about three top Canadian stocks that have proven they are ready to thrive well into the future.

Maple Leaf Foods stock

Starting with Maple Leaf Foods (TSX:MFI), its turnaround has been gaining traction. As one of Canada’s top food companies, its brands span prepared meats, poultry, pork, and plant protein. Based in Mississauga, its stock sits at about $27 per share with a market cap of $3.4 billion, and it pays a $0.96 annual dividend.

In the second quarter of 2025, Maple Leaf’s sales rose 8.5% YoY (year over year) to $1.36 billion, while its adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) jumped 28.9% to $182 million.

At the same time, the company’s EBITDA margins improved to 13.3% from 11.2%. As a result, its quarterly net profit flipped to $58 million last quarter from a $26 million loss last year. This turnaround was fueled by stronger pork prices, growth in prepared foods, and efficiencies from new plants.

The upcoming spin-off of Maple Leaf’s pork business into Canada Packers is likely to create two focused companies. Overall, it seems to be setting itself up as a durable growth story in Canadian food production, making this Canadian stock attractive to buy and hold.

Celestica stock

Next is Celestica (TSX:CLS), a Toronto-based tech firm that is continuing to deliver eye-popping returns. After surging 270% in the last year, CLS stock now trades at $267.28 per share with a $30.7 billion market cap.

For the second quarter of 2025, Celestica’s revenue surged 21% YoY to hit US$2.89 billion. Similarly, the company’s operating margins for the quarter reached a record 7.4%. Cloud and data centre demand played a major role in boosting its results, with its hardware platform revenue soaring 82% YoY.

With artificial intelligence (AI) and cloud spending continuing to grow, Celestica has momentum that reflects both execution and strong demand tailwinds.

Bombardier stock

The final stock is Bombardier (TSX:BBD.B), which has turned strong demand into a record backlog. After rallying more than 80% in the last year, it currently trades at $164.43 per share with a $16.5 billion market cap.

In the June quarter, the company’s total revenue fell 8% YoY to US$2 billion, but services revenue climbed by 16% from a year ago to US$590 million. More importantly, its net profit jumped to US$193 million in the last quarter from just US$19 million last year, clearly showing its strengthening profitability.

Interestingly, Bombardier’s backlog reached US$16.1 billion last quarter, its highest in more than a decade, helped by a major order for 50 firm aircraft and new defence contracts.

In addition, Bombardier is also focusing on strategic moves as it recently announced a large-scale U.S. services expansion and inaugurated a modern California facility to produce components for its Global 7500 and upcoming Global 8000 jets. With growing demand in both private and defence markets, Bombardier has the potential to continue delivering solid returns in the long run.

Fool contributor Jitendra Parashar has positions in Celestica. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

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