Top Canadian Stocks to Buy Right Now With $2,500

These Canadian stocks could outperform broader equity market thanks to the strong demand for their products and services.

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Key Points
  • The broader equity market could witness elevated volatility amid geopolitical tensions and trade uncertainties, but companies with strong fundamentals and solid demand offer growth opportunities.
  • This retailer has a defensive business model, generates steady same-store sales growth, and has consistently outperformed the broader markets with its capital gains and dividend increases.
  • This space technology company is well-positioned to capitalize on rising defense and space spending.

You don’t need a large amount of capital to buy high-quality Canadian stocks. Even with $2,500, you can build a diversified portfolio of top TSX stocks with solid fundamentals and meaningful long-term growth potential.

While the broader market may remain volatile in the near term due to macroeconomic uncertainty and ongoing geopolitical tensions, a few Canadian stocks could still deliver above-average returns thanks to their durable business models, consistent demand for their products and services, and operational resilience.

So, if you’re planning to invest $2,500, here are some top Canadian stocks to buy now with $2,500.

Pile of Canadian dollar bills in various denominations

Source: Getty Images

Top Canadian stock #1: Dollarama

Dollarama (TSX: DOL) is a top Canadian stock to buy right now for stability, growth, and income amid broader market uncertainty. It operates a defensive retail business, including discount chains, and sells a wide range of essentials at low and fixed prices. This value-driven pricing, combined with a broad assortment of goods, including a strong mix of private-label products, helps sustain customer demand even during economic slowdowns.

Notably, Dollarama consistently delivers same-store sales growth and strong profitability, which drives its share price higher. Over the past three years, Dollarama stock has increased by an average annualized rate of more than 37%, delivering total gains of about 158%. Moreover, it has consistently raised its dividends since 2011.

Looking ahead, the outlook for Dollarama stock is favourable. Its expansion through new store openings and international markets should support revenue growth. At the same time, its balanced merchandise mix and efficient sourcing strategies are likely to protect margins. Further, partnerships with third-party delivery services will drive penetration and generate incremental sales.

Overall, its value pricing, expansion of store network, efficient sourcing, and focus on cost reduction position it well to consistently expand its earnings. This will drive its future dividend payments and share price.

Top Canadian stock #2: MDA Space

The global space economy is experiencing strong growth, driven by rising demand for communications, Earth observation, and defence capabilities. As space is now a strategic priority for governments and commercial enterprises, companies positioned in this ecosystem are likely to deliver attractive long-term growth.

Within this sector, MDA Space (TSX:MDA) is a compelling option for buy-and-hold investors. It is set to benefit from key industry tailwinds, including rising government spending on defence and space infrastructure. Its portfolio spans satellite systems, advanced robotics, and geointelligence solutions. These technologies support modern communications networks, surveillance, and mission-critical operations.

Thanks to solid demand trends and its significant growth prospects, MDA Space stock has climbed 61% year-to-date. Looking ahead, the momentum in MDA Space stock is likely to be sustained, supported by a solid backlog and significant growth pipeline.

The space technology company reported a backlog of $4 billion as of fiscal 2025, offering solid revenue visibility. Further, its $40 billion growth pipeline signals significant growth ahead. Notably, its growth pipeline is diversified across both government and commercial segments and geographically balanced across North America, Europe, and emerging markets. Such diversification reduces concentration risk while expanding the company’s global footprint.

Overall, with accelerating demand for space infrastructure and defence capabilities, MDA Space appears well-positioned for strong growth ahead.

Fool contributor Sneha Nahata has no position in any of the stocks mentioned. The Motley Fool recommends Dollarama and MDA Space. The Motley Fool has a disclosure policy.

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