Buyers constructing long-term portfolios and prepared to take extra threat ought to think about TSX small-cap shares. These Canadian corporations can enhance returns, as they could develop into bigger gamers.

That stated, small-cap shares are typically extra unstable than their bigger counterparts. Their share costs can swing sharply with modifications out there, making it important for traders to be selective. Specializing in TSX shares with strong fundamentals and powerful development potential may help handle this threat and generate strong positive aspects.

With this background, listed here are two TSX high small-cap shares to purchase proper now.

Small-cap inventory #1: Chook Development

Chook Development (TSX:BDT) is a compelling small-cap TSX inventory so as to add to your portfolio. The Canadian building and upkeep firm is poised to ship strong development, led by diversification, nationwide growth, and powerful threat administration. Furthermore, its collaborative contracting strategy, which spreads dangers between the corporate and its shoppers, provides resilience. This technique helps preserve initiatives steady and worthwhile, even throughout unsure market circumstances.

The corporate generates most of its income from low- to medium-risk initiatives, offering a gentle earnings base traders can rely on. Chook additionally focuses on important and economically sturdy sectors, together with energy, defence, and transportation infrastructure, the place demand tends to stay robust no matter broader financial cycles.

Whereas latest market turbulence triggered some mission delays within the second quarter (Q2), Chook’s total momentum stays strong. Within the second quarter of 2025, the corporate secured practically $1.2 billion in new contracts, pushing its backlog to $4.6 billion. This sturdy pipeline offers Chook with a strong basis for future income and revenue development.

Furthermore, its robust steadiness sheet and ample monetary flexibility allow Chook Development to grab new alternatives by means of strategic investments or acquisitions. In brief, Chook Constriction is a horny play in Canada’s infrastructure house for long-term traders.

Small-cap inventory #2: 5N Plus

5N Plus (TSX:VNP) is one other high-quality small-cap inventory to purchase and maintain for the long run. Shares of this specialty semiconductor and efficiency supplies supplier have been on a tear. It has skyrocketed greater than 865% over the previous three years. Regardless of this stellar rally, 5N Plus has loads of room to develop.

The corporate is seeing surging demand for its supplies in renewable vitality, house, and healthcare sectors. The corporate’s robust foothold within the renewable vitality sector positions it to capitalize on the worldwide infrastructure shifts towards clear energy options. Furthermore, the rise of AI and cloud computing is driving vitality demand, reflecting the necessity for environment friendly, scalable renewable applied sciences that might profit 5N Plus.

5N Plus can also be well-positioned to capitalize on the booming house business. Since its 2021 acquisition of Germany-based AZUR House, the corporate has doubled gross sales and considerably boosted profitability. It is usually increasing its photo voltaic cell manufacturing capability, enabling it to fulfill demand from business, civil, and defence prospects at minimal extra value.

5N Plus’s supplies additionally discover purposes in medical imaging applied sciences. On the identical time, its management in high-purity supplies, notably outdoors China, offers a strategic benefit amid ongoing international provide chain and commerce uncertainties. In the meantime, its Efficiency Supplies division continues to see robust momentum, particularly in bismuth-based prescription drugs and different specialty chemical substances.

General, its diversified portfolio, sturdy provide chain, and publicity to a number of high-growth industries place 5N Plus to ship important long-term returns.