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Written by Amy Legate-Wolfe at The Motley Fool Canada
Canadian industrial stocks are perhaps one of the best hidden opportunities out there. These sit at the heart of the country’s economic engine. And yet, many operate quietly in the background and remain undervalued. Because they aren’t flashy, these Canadian stocks are frequently overlooked. So let’s look at three to consider on the TSX today.
Bird Construction (TSX:BDT) is a longstanding Canadian construction and infrastructure company. It builds everything from industrial facilities to commercial buildings to large-scale civil projects. The Canadian stock’s business spans essential sectors such as transportation, energy, government infrastructure, and institutional builds like hospitals and schools. Because much of its business is supported by multi-year contracts and public-sector spending, Bird benefits from steady demand and predictable revenue.
Recent earnings show Bird continuing to gain momentum, with strong revenue growth driven by robust project backlogs and rising demand for industrial and civil construction work. The Canadian construction firm has benefited from improved execution, better cost controls, and increased bidding activity. Backlog levels remain healthy, giving Bird good visibility into future revenue.
Overall, Bird operates in essential sectors tied to long-term national priorities like electrification, infrastructure renewal, and industrial expansion. Despite its strong fundamentals, consistent earnings, and exposure to multi-billion-dollar infrastructure pipelines, the Canadian stock remains undervalued compared to peers. This makes it a stellar opportunity among Canadian investments.
GDI Integrated Facility Services (TSX:GDI) is one of Canada’s largest providers of building maintenance, janitorial services, HVAC and mechanical operations, and facility management solutions. Because companies need cleaning, maintenance, and building operations support in every economic cycle, GDI benefits from steady, contract-based revenue – revenue that doesn’t fluctuate as sharply as traditional industrial businesses.
Recent earnings highlighted the Canadian stock’s continued resilience, with solid revenue growth supported by strong performance in its janitorial and technical services divisions. GDI has benefited from a mix of contract renewals, new client wins, and increased demand for facility services. Margins have improved as cost pressures eased and the Canadian company optimized its operations post-pandemic. GDI’s disciplined acquisition strategy also continues to contribute to earnings, with tuck-in deals expanding its footprint in both Canada and the U.S.
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