Canadian Tech corporations are sleeping giants. They usually symbolize a few of the darlings of the market, setting the baseline for different corporations to duplicate.
Right here’s a take a look at two of these Canadian tech titans which might be set to unlock large long-term features over the subsequent few years.
The net platform that modified every thing
It will be almost not possible to say Canadian tech corporations which might be shaping the long run with out considering of Shopify (TSX:SHOP). The net platform has grown impressively over the previous decade and stays one of many greatest progress picks in the marketplace.
For these unaware of what Shopify does, the corporate powers a rising chunk of worldwide e-commerce by way of its storefront programs. Shopify powers tens of millions of retailers throughout 175-plus international locations, making it a worldwide power in e-commerce.
These programs embrace bolt-ons for every thing from order success, assist, social media and stock management, to call only a few.
The platform permits companies to spin up a web based presence and full storefront in a fraction of the time that conventional means require.
AI performs a rising function in Shopify’s platform. An instance of that is Shopify Magic and Sidekick. Magic leverages generative AI to create product descriptions, whereas Sidekick acts as a digital assistant for retailers, serving to them with stock, advertising and analytics selections.
By way of potential, the sky’s the restrict. Analysts mission Shopify’s gross merchandise quantity to hit $423 billion in 2026, with its AI-enhanced vendor instruments powering that progress.
Shopify’s funding in AI helps large long-term progress of the Canadian Tech sector and needs to be a part of any well-diversified portfolio.
The corporate that advanced right into a market chief
The subsequent choose from the Canadian tech market is Celestica (TSX:CLS). Celestica advanced from an electronics producer right into a Canadian know-how titan and AI-driven chief.
The corporate is targeted on high-tech manufacturing options for AI and cloud infrastructure. That features superior networking switches and AI compute platforms.
Celestica’s AI compute platforms assist hyperscalers, knowledge centres, and enterprise shoppers throughout each North America and Europe. Demand for these superior switches led to the inventory value surging this yr.
Very not often does a inventory carry out in addition to Celestica has. Over the previous 12-month interval, the inventory has exploded into the stratosphere, registering a whopping 390% progress.
That demand led to the corporate reporting a powerful 28% year-over-year income improve to $3.2 billion within the third fiscal quarter of 2025. That additionally helped propel earnings per share up an unimaginable 52% to $1.58.
Briefly, Celestica is a Canadian know-how firm that’s main each AI and cloud infrastructure to new ranges. That demand isn’t slowing.
Wanting forward, Celestica initiatives $16 billion in income and earnings per share of $8.20 in 2026. In different phrases, demand stays sturdy, and the inventory will proceed to develop, making this a high choose for any investor in search of publicity to Canadian tech and AI.
These Canadian tech titans are calling
Shopify and Celestica symbolize completely different pillars of Canada’s tech and infrastructure progress.
Particularly, {hardware} manufacturing and AI compute (Celestica), and AI-enhanced e-commerce infrastructure (Shopify).
Collectively, they’re reshaping Canadian tech by way of AI-powered innovation and scale in infrastructure. In doing so, they’re driving sturdy income and market progress.
This makes them high picks for any well-diversified portfolio.