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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
211 Exco Technologies Limited XTC $189.2 M Canada Canadian Consumer Discretionary Canadian Auto Parts
212 Polaris Infrastructure Inc. PIF $187.3 M Canada Canadian Utilities Canadian Utilities—Renewable
213 Aimia Inc. AIM $179.5 M Canada Canadian Industrials Canadian Specialty Business Services
214 Andrew Peller Limited ADW.A $176.7 M Canada Canadian Consumer Staples Canadian Beverages—Wineries & Distilleries
215 Journey Energy Inc. JOY $169.4 M Canada Canadian Energy Canadian Oil & Gas E&P
216 Gran Tierra Energy Inc. GTE $150.2 M Canada Canadian Energy Canadian Oil & Gas E&P
217 Kolibri Global Energy Inc. KEI $139.1 M United States US Energy US Oil & Gas E&P
218 Alithya Group Inc. ALYA $126.2 M Canada Canadian Technology Canadian Information Technology Services
219 Bonterra Energy Corp. BNE $122.3 M Canada Canadian Energy Canadian Oil & Gas E&P
220 HLS Therapeutics Inc. HLS $111.1 M Canada Canadian Healthcare Canadian Drug Manufacturers—Specialty & Generic
221 Sylogist Ltd SYZ $98.0 M Canada Canadian Technology Canadian Software—Application
222 True North Commercial Real Estate Investment Trust TNT.UN $94.0 M Canada Canadian Real Estate Canadian REIT—Office
223 Bridgemarq Real Estate Services Inc. BRE $93.4 M Canada Canadian Real Estate Canadian Real Estate Services
224 Largo Resources Ltd. LGO $87.5 M Canada Canadian Basic Materials Canadian Other Industrial Metals & Mining
225 Transat A.T. Inc. TRZ $83.2 M

(July 1, 2025)

 Canada Canadian Consumer Discretionary Canadian Travel Services
226 Quarterhill Inc. QTRH $80.3 M Canada Canadian Technology Canadian Communication Equipment
227 European Residential Real Estate Investment Trust ERE.UN $80.2 M Canada Canadian Real Estate Canadian REIT—Residential
228 Yangarra Resources Ltd. YGR $78.3 M Canada Canadian Energy Canadian Oil & Gas E&P
229 Oncolytics Biotech Inc. ONC $74.9 M

(July 1, 2025)

 Canada Canadian Healthcare Canadian Biotechnology
230 Payfare, Inc. PAY $68.5 M

(Jan. 1, 2025)

 Canada Canadian Technology Canadian Information Technology Services
231 Canacol Energy Ltd. CNE $64.0 M

(July 1, 2025)

 Canada Canadian Energy Canadian Oil & Gas E&P
232 Nano One Materials Corp NANO $59.7 M

(July 1, 2025)

 Canada Canadian Basic Materials Canadian Specialty Chemicals
233 Westport Fuel Systems Inc. WPRT $56.6 M

(July 1, 2025)

 Canada Canadian Consumer Discretionary Canadian Auto Parts
234 The Lion Electric Company LEV $54.3 M

(Jan. 1, 2025)

 Canada Canadian Industrials Canadian Farm & Heavy Construction Machinery
235 Bragg Gaming Group Inc. BRAG $53.8 M Canada Canadian Communication Services Canadian Electronic Gaming & Multimedia
236 Dorel Industries Inc. DII.B $44.8 M Canada Canadian Consumer Discretionary Canadian Furnishings, Fixtures & Appliances
237 Victoria Gold Corp. VGCX $39.0 M

(July 1, 2024)

 Canada Canadian Basic Materials Canadian Gold
238 Exro Technologies, Inc. EXRO $26.7 M

(July 1, 2025)

 Canada Canadian Industrials Canadian Electrical Equipment & Parts
239 ADENTRA Inc. ADEN Canada Canadian Industrials Canadian Industrial Distribution
240 DRI Healthcare Trust DHT.UN Canada Canadian Healthcare Canadian Drug Manufacturers—Specialty & Generic

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

211. Exco Technologies Limited

Company Profile: Exco Technologies Limited
Market Cap (USD): $189.2 M
Stock: XTC wb_incandescent
Country: Canada
Sector: Canadian Consumer Discretionary
Industry: Canadian Auto Parts

212. Polaris Infrastructure Inc.

Company Profile: Polaris Infrastructure Inc.
Market Cap (USD): $187.3 M
Stock: PIF wb_incandescent
Country: Canada
Sector: Canadian Utilities
Industry: Canadian Utilities—Renewable

213. Aimia Inc.

Company Profile: Aimia Inc.
Market Cap (USD): $179.5 M
Stock: AIM wb_incandescent
Country: Canada
Sector: Canadian Industrials
Industry: Canadian Specialty Business Services

214. Andrew Peller Limited

Company Profile: Andrew Peller Limited
Market Cap (USD): $176.7 M
Stock: ADW.A wb_incandescent
Country: Canada
Sector: Canadian Consumer Staples
Industry: Canadian Beverages—Wineries & Distilleries

215. Journey Energy Inc.

Company Profile: Journey Energy Inc.
Market Cap (USD): $169.4 M
Stock: JOY wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

216. Gran Tierra Energy Inc.

Company Profile: Gran Tierra Energy Inc.
Market Cap (USD): $150.2 M
Stock: GTE wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

217. Kolibri Global Energy Inc.

Company Profile: Kolibri Global Energy Inc.
Market Cap (USD): $139.1 M
Stock: KEI wb_incandescent
Country: United States
Sector: US Energy
Industry: US Oil & Gas E&P

218. Alithya Group Inc.

Company Profile: Alithya Group Inc.
Market Cap (USD): $126.2 M
Stock: ALYA wb_incandescent
Country: Canada
Sector: Canadian Technology
Industry: Canadian Information Technology Services

219. Bonterra Energy Corp.

Company Profile: Bonterra Energy Corp.
Market Cap (USD): $122.3 M
Stock: BNE wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

220. HLS Therapeutics Inc.

Company Profile: HLS Therapeutics Inc.
Market Cap (USD): $111.1 M
Stock: HLS wb_incandescent
Country: Canada
Sector: Canadian Healthcare
Industry: Canadian Drug Manufacturers—Specialty & Generic

221. Sylogist Ltd

Company Profile: Sylogist Ltd
Market Cap (USD): $98.0 M
Stock: SYZ wb_incandescent
Country: Canada
Sector: Canadian Technology
Industry: Canadian Software—Application

222. True North Commercial Real Estate Investment Trust

Company Profile: True North Commercial Real Estate Investment Trust
Market Cap (USD): $94.0 M
Stock: TNT.UN wb_incandescent
Country: Canada
Sector: Canadian Real Estate
Industry: Canadian REIT—Office

223. Bridgemarq Real Estate Services Inc.

Company Profile: Bridgemarq Real Estate Services Inc.
Market Cap (USD): $93.4 M
Stock: BRE wb_incandescent
Country: Canada
Sector: Canadian Real Estate
Industry: Canadian Real Estate Services

224. Largo Resources Ltd.

Company Profile: Largo Resources Ltd.
Market Cap (USD): $87.5 M
Stock: LGO wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Other Industrial Metals & Mining

225. Transat A.T. Inc.

Company Profile: Transat A.T. Inc.
Market Cap (USD): $83.2 M (July 1, 2025)
Stock: TRZ wb_incandescent
Country: Canada
Sector: Canadian Consumer Discretionary
Industry: Canadian Travel Services

226. Quarterhill Inc.

Company Profile: Quarterhill Inc.
Market Cap (USD): $80.3 M
Stock: QTRH wb_incandescent
Country: Canada
Sector: Canadian Technology
Industry: Canadian Communication Equipment

227. European Residential Real Estate Investment Trust

Company Profile: European Residential Real Estate Investment Trust
Market Cap (USD): $80.2 M
Stock: ERE.UN wb_incandescent
Country: Canada
Sector: Canadian Real Estate
Industry: Canadian REIT—Residential

228. Yangarra Resources Ltd.

Company Profile: Yangarra Resources Ltd.
Market Cap (USD): $78.3 M
Stock: YGR wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

229. Oncolytics Biotech Inc.

Company Profile: Oncolytics Biotech Inc.
Market Cap (USD): $74.9 M (July 1, 2025)
Stock: ONC wb_incandescent
Country: Canada
Sector: Canadian Healthcare
Industry: Canadian Biotechnology

230. Payfare, Inc.

Company Profile: Payfare, Inc.
Market Cap (USD): $68.5 M (Jan. 1, 2025)
Stock: PAY wb_incandescent
Country: Canada
Sector: Canadian Technology
Industry: Canadian Information Technology Services

231. Canacol Energy Ltd.

Company Profile: Canacol Energy Ltd.
Market Cap (USD): $64.0 M (July 1, 2025)
Stock: CNE wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

232. Nano One Materials Corp

Company Profile: Nano One Materials Corp
Market Cap (USD): $59.7 M (July 1, 2025)
Stock: NANO wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Specialty Chemicals

233. Westport Fuel Systems Inc.

Company Profile: Westport Fuel Systems Inc.
Market Cap (USD): $56.6 M (July 1, 2025)
Stock: WPRT wb_incandescent
Country: Canada
Sector: Canadian Consumer Discretionary
Industry: Canadian Auto Parts

234. The Lion Electric Company

Company Profile: The Lion Electric Company
Market Cap (USD): $54.3 M (Jan. 1, 2025)
Stock: LEV wb_incandescent
Country: Canada
Sector: Canadian Industrials
Industry: Canadian Farm & Heavy Construction Machinery

235. Bragg Gaming Group Inc.

Company Profile: Bragg Gaming Group Inc.
Market Cap (USD): $53.8 M
Stock: BRAG wb_incandescent
Country: Canada
Sector: Canadian Communication Services
Industry: Canadian Electronic Gaming & Multimedia

236. Dorel Industries Inc.

Company Profile: Dorel Industries Inc.
Market Cap (USD): $44.8 M
Stock: DII.B wb_incandescent
Country: Canada
Sector: Canadian Consumer Discretionary
Industry: Canadian Furnishings, Fixtures & Appliances

237. Victoria Gold Corp.

Company Profile: Victoria Gold Corp.
Market Cap (USD): $39.0 M (July 1, 2024)
Stock: VGCX wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Gold

238. Exro Technologies, Inc.

Company Profile: Exro Technologies, Inc.
Market Cap (USD): $26.7 M (July 1, 2025)
Stock: EXRO wb_incandescent
Country: Canada
Sector: Canadian Industrials
Industry: Canadian Electrical Equipment & Parts

239. ADENTRA Inc.

Company Profile: ADENTRA Inc.
Stock: ADEN wb_incandescent
Country: Canada
Sector: Canadian Industrials
Industry: Canadian Industrial Distribution

240. DRI Healthcare Trust

Company Profile: DRI Healthcare Trust
Stock: DHT.UN wb_incandescent
Country: Canada
Sector: Canadian Healthcare
Industry: Canadian Drug Manufacturers—Specialty & Generic

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