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S&P/TSX SmallCap
Components

Top S&P/TSX SmallCap Companies by Market Cap and Stocks in 2026

This is the list of the largest public listed companies in the S&P/TSX SmallCap index ranked by market capitalization, together with links to their reference stock, sector and industry.

S&P/TSX SmallCap Chart & Analysis

Top S&P/TSX SmallCap Companies Ranking by Market Cap as of Jan. 1, 2026

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Ranking Company Stock Market Cap (USD) Country Sector Industry
91 Westshore Terminals Investment Corporation WTE $1.17 B Canada Canadian Industrials Canadian Marine Shipping
92 5N Plus Inc. VNP $1.17 B Canada Canadian Basic Materials Canadian Specialty Chemicals
93 Superior Plus Corp. SPB $1.15 B Canada Canadian Utilities Canadian Utilities—Regulated Gas
94 Kelt Exploration Ltd. KEL $1.14 B Canada Canadian Energy Canadian Oil & Gas E&P
95 Tilray, Inc. TLRY $1.13 B Canada Canadian Healthcare Canadian Drug Manufacturers—Specialty & Generic
96 Spartan Delta Corp SDE $1.10 B Canada Canadian Energy Canadian Oil & Gas E&P
97 Lassonde Industries Inc. LAS.A $1.08 B Canada Canadian Consumer Staples Canadian Beverages—Non-Alcoholic
98 Canfor Corporation CFP $1.05 B Canada Canadian Basic Materials Canadian Lumber & Wood Production
99 Cronos Group Inc. CRON $1.03 B Canada Canadian Healthcare Canadian Drug Manufacturers—Specialty & Generic
100 Jamieson Wellness Inc. JWEL $1.02 B Canada Canadian Consumer Staples Canadian Packaged Foods
101 Mullen Group Ltd. MTL $1.02 B Canada Canadian Industrials Canadian Trucking
102 Precision Drilling Corporation PD $971.2 M Canada Canadian Energy Canadian Oil & Gas Drilling
103 Trican Well Service Ltd. TCW $946.2 M Canada Canadian Energy Canadian Oil & Gas Equipment & Services
104 NorthWest Healthcare Properties Real Estate Investment Trust NWH.UN $945.8 M Canada Canadian Real Estate Canadian REIT—Healthcare Facilities
105 Cargojet Inc. CJT $943.7 M Canada Canadian Industrials Canadian Integrated Freight & Logistics
106 Africa Oil Corp. AOI $930.7 M

(July 1, 2025)

 Canada Canadian Energy Canadian Oil & Gas E&P
107 Cascades Inc. CAS $925.0 M Canada Canadian Basic Materials Canadian Paper & Paper Products
108 GoGold Resources Inc. GGD $919.0 M Canada Canadian Basic Materials Canadian Other Precious Metals & Mining
109 Morguard Corporation MRC $903.7 M Canada Canadian Real Estate Canadian Real Estate—Diversified
110 Morguard North American Residential Real Estate Investment Trust MRG.UN $879.7 M Canada Canadian Real Estate Canadian REIT—Residential
111 Osisko Mining Inc. OSK $849.7 M

(July 1, 2024)

 Canada Canadian Basic Materials Canadian Other Precious Metals & Mining
112 Karora Resources Inc. KRR $844.1 M

(July 1, 2024)

 Canada Canadian Basic Materials Canadian Gold
113 Ballard Power Systems Inc. BLDP $809.7 M Canada Canadian Industrials Canadian Specialty Industrial Machinery
114 Canaccord Genuity Group Inc. CF $807.0 M Canada Canadian Financials Canadian Capital Markets
115 Enghouse Systems Limited ENGH $804.6 M Canada Canadian Technology Canadian Software—Application
116 Magellan Aerospace Corporation MAL $804.2 M Canada Canadian Industrials Canadian Aerospace & Defense
117 Major Drilling Group International Inc. MDI $802.2 M Canada Canadian Basic Materials Canadian Other Industrial Metals & Mining
118 Cardinal Energy Ltd. CJ $796.3 M

(July 1, 2025)

 Canada Canadian Energy Canadian Oil & Gas E&P
119 Fission Uranium Corp. FCU $778.9 M

(July 1, 2024)

 Canada Canadian Energy Canadian Uranium
120 AGF Management Limited AGF.B $754.3 M Canada Canadian Financials Canadian Asset Management

Top S&P/TSX SmallCap Companies Ranking by Market Cap as of Jan. 1, 2026

91. Westshore Terminals Investment Corporation

Company Profile: Westshore Terminals Investment Corporation
Market Cap (USD): $1.17 B
Stock: WTE wb_incandescent
Country: Canada
Sector: Canadian Industrials
Industry: Canadian Marine Shipping

92. 5N Plus Inc.

Company Profile: 5N Plus Inc.
Market Cap (USD): $1.17 B
Stock: VNP wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Specialty Chemicals

93. Superior Plus Corp.

Company Profile: Superior Plus Corp.
Market Cap (USD): $1.15 B
Stock: SPB wb_incandescent
Country: Canada
Sector: Canadian Utilities
Industry: Canadian Utilities—Regulated Gas

94. Kelt Exploration Ltd.

Company Profile: Kelt Exploration Ltd.
Market Cap (USD): $1.14 B
Stock: KEL wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

95. Tilray, Inc.

Company Profile: Tilray, Inc.
Market Cap (USD): $1.13 B
Stock: TLRY wb_incandescent
Country: Canada
Sector: Canadian Healthcare
Industry: Canadian Drug Manufacturers—Specialty & Generic

96. Spartan Delta Corp

Company Profile: Spartan Delta Corp
Market Cap (USD): $1.10 B
Stock: SDE wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

97. Lassonde Industries Inc.

Company Profile: Lassonde Industries Inc.
Market Cap (USD): $1.08 B
Stock: LAS.A wb_incandescent
Country: Canada
Sector: Canadian Consumer Staples
Industry: Canadian Beverages—Non-Alcoholic

98. Canfor Corporation

Company Profile: Canfor Corporation
Market Cap (USD): $1.05 B
Stock: CFP wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Lumber & Wood Production

99. Cronos Group Inc.

Company Profile: Cronos Group Inc.
Market Cap (USD): $1.03 B
Stock: CRON wb_incandescent
Country: Canada
Sector: Canadian Healthcare
Industry: Canadian Drug Manufacturers—Specialty & Generic

100. Jamieson Wellness Inc.

Company Profile: Jamieson Wellness Inc.
Market Cap (USD): $1.02 B
Stock: JWEL wb_incandescent
Country: Canada
Sector: Canadian Consumer Staples
Industry: Canadian Packaged Foods

101. Mullen Group Ltd.

Company Profile: Mullen Group Ltd.
Market Cap (USD): $1.02 B
Stock: MTL wb_incandescent
Country: Canada
Sector: Canadian Industrials
Industry: Canadian Trucking

102. Precision Drilling Corporation

Company Profile: Precision Drilling Corporation
Market Cap (USD): $971.2 M
Stock: PD wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas Drilling

103. Trican Well Service Ltd.

Company Profile: Trican Well Service Ltd.
Market Cap (USD): $946.2 M
Stock: TCW wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas Equipment & Services

104. NorthWest Healthcare Properties Real Estate Investment Trust

Company Profile: NorthWest Healthcare Properties Real Estate Investment Trust
Market Cap (USD): $945.8 M
Stock: NWH.UN wb_incandescent
Country: Canada
Sector: Canadian Real Estate
Industry: Canadian REIT—Healthcare Facilities

105. Cargojet Inc.

Company Profile: Cargojet Inc.
Market Cap (USD): $943.7 M
Stock: CJT wb_incandescent
Country: Canada
Sector: Canadian Industrials
Industry: Canadian Integrated Freight & Logistics

106. Africa Oil Corp.

Company Profile: Africa Oil Corp.
Market Cap (USD): $930.7 M (July 1, 2025)
Stock: AOI wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

107. Cascades Inc.

Company Profile: Cascades Inc.
Market Cap (USD): $925.0 M
Stock: CAS wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Paper & Paper Products

108. GoGold Resources Inc.

Company Profile: GoGold Resources Inc.
Market Cap (USD): $919.0 M
Stock: GGD wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Other Precious Metals & Mining

109. Morguard Corporation

Company Profile: Morguard Corporation
Market Cap (USD): $903.7 M
Stock: MRC wb_incandescent
Country: Canada
Sector: Canadian Real Estate
Industry: Canadian Real Estate—Diversified

110. Morguard North American Residential Real Estate Investment Trust

Company Profile: Morguard North American Residential Real Estate Investment Trust
Market Cap (USD): $879.7 M
Stock: MRG.UN wb_incandescent
Country: Canada
Sector: Canadian Real Estate
Industry: Canadian REIT—Residential

111. Osisko Mining Inc.

Company Profile: Osisko Mining Inc.
Market Cap (USD): $849.7 M (July 1, 2024)
Stock: OSK wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Other Precious Metals & Mining

112. Karora Resources Inc.

Company Profile: Karora Resources Inc.
Market Cap (USD): $844.1 M (July 1, 2024)
Stock: KRR wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Gold

113. Ballard Power Systems Inc.

Company Profile: Ballard Power Systems Inc.
Market Cap (USD): $809.7 M
Stock: BLDP wb_incandescent
Country: Canada
Sector: Canadian Industrials
Industry: Canadian Specialty Industrial Machinery

114. Canaccord Genuity Group Inc.

Company Profile: Canaccord Genuity Group Inc.
Market Cap (USD): $807.0 M
Stock: CF wb_incandescent
Country: Canada
Sector: Canadian Financials
Industry: Canadian Capital Markets

115. Enghouse Systems Limited

Company Profile: Enghouse Systems Limited
Market Cap (USD): $804.6 M
Stock: ENGH wb_incandescent
Country: Canada
Sector: Canadian Technology
Industry: Canadian Software—Application

116. Magellan Aerospace Corporation

Company Profile: Magellan Aerospace Corporation
Market Cap (USD): $804.2 M
Stock: MAL wb_incandescent
Country: Canada
Sector: Canadian Industrials
Industry: Canadian Aerospace & Defense

117. Major Drilling Group International Inc.

Company Profile: Major Drilling Group International Inc.
Market Cap (USD): $802.2 M
Stock: MDI wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Other Industrial Metals & Mining

118. Cardinal Energy Ltd.

Company Profile: Cardinal Energy Ltd.
Market Cap (USD): $796.3 M (July 1, 2025)
Stock: CJ wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

119. Fission Uranium Corp.

Company Profile: Fission Uranium Corp.
Market Cap (USD): $778.9 M (July 1, 2024)
Stock: FCU wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Uranium

120. AGF Management Limited

Company Profile: AGF Management Limited
Market Cap (USD): $754.3 M
Stock: AGF.B wb_incandescent
Country: Canada
Sector: Canadian Financials
Industry: Canadian Asset Management

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