Top Canadian Stocks to Buy With $10,000 in 2026

A $10,000 capital is sufficient to buy four top Canadian stocks and create a powerful portfolio in 2026.

| More on:
Key Points
  • You can build a diversified $10,000 TSX portfolio to balance income and growth amid market uncertainty by spreading capital across energy, telecom, space, and asset‑management exposures.
  • Top picks and roles: Suncor (SU) for oil income/value, BCE (BCE) for defensive telecom yield, MDA (MDA) for high‑growth space tech upside, and Brookfield (BN) for long‑term compounding via alternative assets.
  • 5 stocks our experts like better than [Brookfield] >

Today, $10,000 is sufficient capital to buy the top Canadian stocks even amid an unpredictable investment landscape. Four names stand out in 2026 if you want to create a powerful stock portfolio to navigate the current environment.

Paper Canadian currency of various denominations

Source: Getty Images

Oil bellwether

Suncor Energy (TSX:SU) is suitable for income or value investors. Also, energy is the top-performing sector thus far this year. This top-tier oil major’s market-beating return is +28.63% versus the broad market’s +4.9% year to date. At $77.76 per share, SU pays a 3.09% dividend (quarterly payout).

The $92.3 billion integrated energy company is an oil sands titan (upstream) and an oil mover (midstream). It owns four refineries that convert crude oil into gasoline, diesel, and jet fuel. Petro-Canada, Suncor’s marketing and retail arm, completes the integrated business model.

While the net earnings of $4.2 billion in 2025 are 3.5% lower than in 2024, it was another record-breaking year for Suncor. Also, free funds flow in Q4 was $1.7 billion. The bull case for Suncor Energy right now is its low break-even oil price of US$40 per barrel. Currently, the West Texas Intermediate crude price ranges from US$83 to US$84 per barrel.

Defensive stability

Telco stocks are back in investors’ radars for defensive stability. Industry giant BCE (TSX:BCE) is up nearly 10% year to date. At $35.88 per share, the dividend offer is 4.88%. The $33.5 billion communications company is a safer income play now following the 56% dividend cut in May 2025. Notably, the payout ratio is down to 34% from more than 100%.

BCE met all its financial guidance targets in 2025. In the 12 months ending December 31, 2025, net earnings rose 1,637% year over year to $6.5 billion, aided by the sale of the minority stake in Maple Leaf Sports and Entertainment (MLSE). Free cash flow (FCF) increased 10% to $3.2 billion from a year ago.

According to its president and CEO, Mirko Bibic, BCE is well-positioned to drive sustainable free cash flow growth and deliver long-term returns for shareholders.

Strong buy

MDA Space (TSX:MDA) is a “strong buy” for growth investors. The $5.6 billion space technology boasts revenue visibility and a robust Satellite Systems business. At $44.47 per share, current investors enjoy a mouth-watering 67% year-to-date gain. The aerospace stock ranked 15th in the 2025 TSX30 List, the flagship program for Canada’s 30 top-performing stocks.

In 2025, net income increased 37% year over year to $108.5 million, while revenue climbed 51% to a record $1.63 billion. At the end of Q4 2025, the total backlog is $4 billion. MDA Space is building the next generation of space capabilities. Its CEO, Mike Greenley, added that market demand for MDA Space’s dual-use, production-ready products and services drives new opportunities.

Potential compounding machine

Brookfield Corporation (TSX:BN) flies under the radar. The $127 billion global investment firm invests in three core segments: Asset Management, Wealth Solutions, and Operating Businesses. The third generates resilient and growing cash flows.

According to management, the perpetual, flexible capital base allows Brookfield to pursue highly accretive growth at scale, accelerate business expansion, and buy or build new businesses. The company commits to deliver annualized returns of 15% or more over the long term. BN trades at $56.62 per share and pays a modest 0.67% dividend.

Balanced portfolio    

Consider allocating $10,000 across the four Canadian stocks rather than concentrating risk in one or two. By doing so, you create a portfolio with cash flow resilience and futuristic growth.

Fool contributor Christopher Liew has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Brookfield. The Motley Fool recommends Brookfield Corporation and MDA Space. The Motley Fool has a disclosure policy.

More on Stocks for Beginners

investor looks at volatility chart
Energy Stocks

2 Dividend Blue-Chip Giants Looking Ideal After a Recent Pullback

A market pullback is giving dividend investors a fresh chance to buy two Canadian blue-chip income machines at better prices.

Read more »

Income and growth financial chart
Top TSX Stocks

3 Canadian Blue-Chip Stocks to Hold Through 2026 and Beyond

These Canadian blue-chip stocks offer investors a mix of banking, energy, and utility exposure to hold through 2026 and beyond.

Read more »

shopper looks at paint color samples at home improvement store
Dividend Stocks

What the Typical 40-Year-Old Canadian Has in Their TFSA and RRSP

Uncover key insights about RRSP balances among Canadians aged 35 to 44. Find out how to optimize your retirement savings.

Read more »

Muscles Drawn On Black board
Stocks for Beginners

2 Strong Stocks Worth Putting Your $7,000 TFSA Contribution Into in 2026

These two TSX stocks could help put a $7,000 TFSA contribution to work in 2026.

Read more »

Concept of rent, search, purchase real estate, REIT
Dividend Stocks

The 3.3% Yielding Dividend Stock Set to Soar in 2026

This overlooked manufactured-housing REIT is growing fast, and its modest yield may be hiding real upside.

Read more »

moving into apartment
Tech Stocks

1 Smart Way to Use a TFSA to Increase Your Contribution

TFSA growth can quietly snowball your future tax shelter, and Shopify shows both the upside and the gut-check volatility.

Read more »

The TFSA is a powerful savings vehicle for Canadians who are saving for retirement.
Stock Market

The $109,000 TFSA Milestone: How Do You Stack Up?

If you're far from the $109k TFSA milestone, you're not alone. Improve it by maximizing your contributions each year and…

Read more »

Printing canadian dollar bills on a print machine
Dividend Stocks

Got $25,000? Transform a TFSA Into a Cash-Gushing Machine

Looking for tax-free passive income? This TFSA portfolio could help you turn $25,000 into $1,000 of cash flow every year.

Read more »