Best Canadian Stocks to Invest $10,000 in 2026

As the Toronto Stock Exchange (TSX) achieves new heights in 2026, several Canadian stocks offer significant investment opportunities. This article outlines two top Canadian stocks to consider when investing $10,000 this year.

Thomson Reuters: A Strong Contender

Thomson Reuters (TSX: TRI), with a market capitalization of $76 billion, is a key player in global content and technology. Over the past decade, the stock has delivered over 300% returns to shareholders, factoring in dividend reinvestments.

Despite these impressive gains, TRI shares currently trade 42% below their all-time highs, making now a good time to buy. Under CEO Steve Hasker’s leadership, the company has accelerated product innovation significantly, setting the stage for sustainable growth in a competitive landscape.

Key Growth Drivers

• Revenue growth is projected at 9.5% for 2026 in its Big 3 segment.
• Pricing adjustments are expected to contribute 3-3.5% to this revenue growth.
• Tax and accounting services are anticipated to see an even stronger growth range of 11-13%.

Thomson Reuters advantages include its unparalleled content library and a vast team of legal experts. These factors enhance its AI capabilities, particularly in its Westlaw platform, which is gaining traction amid the rise of generative AI.

GFL Environmental: Operational Excellence

GFL Environmental (TSX: GFL) has showcased remarkable operational performance despite economic challenges. In the third quarter of 2026, GFL achieved a record adjusted EBITDA margin of 31.6% and reported a year-over-year revenue growth of 9%.

Operational Improvements

• Labour turnover rates have returned to pre-COVID levels.
• The company achieved a 90-basis-point margin expansion in Q3.
• Adjustment for commodity price impacts reveals an underlying margin improvement of approximately 250 basis points.

In the first nine months of 2025, GFL invested $650 million on acquisitions. Projected deal activity for 2026 is expected to exceed $1 billion, indicating robust growth prospects.

Both Thomson Reuters and GFL Environmental present lucrative opportunities for investors looking to allocate $10,000 in Canadian stocks in 2026. With impressive growth forecasts and current trading discounts, these companies are well positioned for future success.