u/canconshow

TLDR: what are some cool/innovative Canadian companies that should be added to my portfolio?

This is similar to people asking for music recommendations.  For ex: I like The Eagles and Metallica, what new bands should I listen to?  BUT it’s my portfolio.  

Background: Canadian small business owner.  Most of my steady eddy investments are in my business so I see my TFSA as more of a speculative/fun and interesting plays.  I’ve decided to only invest in Canadian stocks and only hold stocks in CAD.  I understand that this is a risk, that’s okay.  It makes me warm and fuzzy not holding any USD and I think the US and all their tech stocks are one bad earnings reports away from going kaboom.  I’m likely wrong but that’s just how I feel. 

Short reasoning on the stonks that I do hold, their % in my portfolio, how they are doing and what I plan on doing about it. Overall up ~17% over the last 12 months and happy with it. I know smart money would probably be in indexes but then I wouldn't get to post rants on reddit sooooooo

Ideal candidates would be:

• Canadian
• Emerging company or industry
• Has the capacity to become a national/global leader.

From smallest holding % to biggest holding %:

$MAXQ~Maritime Launch Services - 1.28% of Portfolio, +14.16% : I think Canada having it’s own launch capabilities is going to be big and also the idea of owning a small portion parking lot in Nova Scotia makes me feel warm and fuzzy.  I’ll probably hold this for 10 years+

$CNR~Canadian National Railways - 2.19% of Portfolio, +5.96% : This is an ode to all the autistic people in my life.  Trains make me happy and also I think CNR will be likely to expand their route to a port in Churchill for shipping goods from western/central Canada to Europe.  Will likely DCA for a long term hold.

$UCU~UCore Rare Metals - 2.52% of Portfolio, +5.94%: Critical minerals be critical, they have some production coming online soon and as North America/the west pivots away from reliance on China this seems like a solid buy in price.  Long term hold, will likely take profits if it hits 50% gain.

$NCF~Northcliff Resources - 2.62% of Portfolio, -0.60%: mining project in New Brunswick referred to the major project’s office.  Every time the NB premiere is mentioned in the news this stock spikes.  I think it will get the go ahead and tungsten is important for all those armour piercing bullets we want to make.

$DEFN~Defense Metals Corp - 2.64% of Portfolio, -22.5%: Rare earths mining project in BC.  June 2025 Letter of Interest from Export Development Canada "...expressing its interest in participating as a Mandated Lead Arranger for potential debt financing of up to US$250 million from EDC to support the development and construction of the Company’s flagship Wicheeda Rare Earth Element (REE) Project."  Nuff said, long term hold for me, might take some profit if there is a spike.

$HMM.A.TO~Hammond Manufacturing - 4.42% of Portfolio, +5.21%: brother company of Hammond Power Solutions.  They make low voltage equivalents and I think will be important players nationally and internationally as everyone electrifies everything.  Profitable company that is expanding their footprint and still doing well despite tariffs.  Long term hold for me.

$QIMC~Quebec Innovative Metals - 5.71% of Portfolio, -52%; originally bought around 0.60, rode and DCA’d up into the 1’s, thought I was a genius when it hit 2$+ and have some regrets about not taking more profits.  Overall I think it’s still a cool company and will hold long term but will likely just keep my shares where they are unless there is a big swing up or down.

XNDU~Xanadu - 5.9% of Portfolio, +46%: Canada’s big quantum computing play.  They have agreements with Lockheed Martin, VW, Toyota, and a bunch of others and are opening their own photonics chip factory in Ontario this year.  I only really heard about the company because I know someone who works there and they are the smartest person I know.  So I’m just more betting that by friend is a genius than anything.  Having researched the company more it seems like a sweet bet.  Their CEO consistently has 2029 as their target for a quantum data centre.  Big thing is that their tech doesn’t require cryogenics for the entire data centre which will be huge in keeping costs/environmental impacts down.  Will likely take profits if there’s another big spike but long term hold overall for me.

FLT~Volatus Aerospace - 6.57% of Portfolio, +16%: Drones go brrrrrrr.  NATO contracts, new factory in Quebec that meets NORAD and NATO data upload security standards, currently involved in training partner forces abroad, dual use contracts for off shore wind and resource development.  Overall super cool company that ticks a lot of boxes.  Will likely add more to this on dip days.

MDA~MDA Space - 10.34% of Portfolio, +85%:  Canadarm go brrrr.  Profitable company doing cool shit with a massive backlog and their major customer is looking for reasons to spend a shit ton of money.  My position is that we constantly underplay Canada’s specialty: signals intelligence.  Given our northern proximity to Russia while the USA built nukes in the Cold War we honed our sig int, cyber and space tech - things where we could contribute to the Five Eyes while chilling on our continent.  I think this is going to be gangbusters over the next bit.  If it crashes after the SpaceX IPO I’m going to load up.  Long term hold for me.

PNG~Kraken Robotics - 14.57% of Portfolio, +10.85%:  This yo-yo’s day to day but I always buy on down days.  This is the exact kind of stock I’m looking for.  Dual use, global leader, invented in Canada and producing in Canada for a global market in a fairly new industry.  Love it and will hold for a very long time.

SCD~Scandium Canada - 30.2% of Portfolio, +9.61%: This is my big ol’ gamble.  I made a DD a few weeks ago about how I think this is the perfect candidate for designation as a nation building project.  In short, will this project:

• strengthen Canada’s autonomy, resilience and security - YUP
• provide economic or other benefits to Canada - YUP
• have a high likelihood of successful execution - More and more every day
• advance the interests of Indigenous Peoples - YUP
• contribute to clean growth and to Canada’s objectives with respect to climate change - YUP

If it spikes I’ll likely take some profit and hold cash to buy the dip.  But this is a “if this hits $1-3 then ya boi is on his way to retirement” kind of play.

Okay so - what stocks fit in this portfolio?  What am I missing?  Are there any cool companies out there that I should know about so I can be the person who gets to brag about getting in on Kraken Robotics at 30 cents?  Hit me with it :)