![\"chart](\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/04\/ef17cc021b2900a9ff0ce0b55bfcfc4e.jpeg\")
Source: Getty Images <\/p>\n Source: Getty Images <\/p>\n
Written by Robin Brown<\/a> at The Motley Fool Canada<\/p>\n Canadian stocks have had a roller-coaster ride in 2026, and we are only through the first three-and-a-half months. This has been one of the most volatile markets<\/a> I have ever experienced in some time. The good news is that long-term investors can use the volatility for their gain.<\/p>\n If you want to maximize the growth of your capital in a tax-efficient way, you need to be using the Tax-Free Savings Account (TFSA). There is nothing more tax efficient than tax-free. Canadians got a fresh $7,000 of space to contribute to their TFSAs<\/a> this year. If you have some capital, pop it in your TFSA, and get investing. Here are three Canadian stocks I would look at now.<\/p>\n Right now could be an attractive time to add Shopify (TSX:SHOP<\/a>) to your TFSA. This is one of Canada\u2019s premium growth stocks<\/a>. After it has fallen 27% in 2026, you can buy it at a little more attractive valuation today. Even after the decline, it remains Canada\u2019s largest tech stock with a $203 billion market cap.<\/p>\n This Canadian stock is down on the broader software-as-a-service sell-off. Last quarter, it delivered stunning results. Revenues were up 30% and operating income increased by 35%! In 2025, it generated $2 billion of free cash flow, which was a 25% improvement.<\/p>\n Shopify is gaining strong traction in international markets. It continues to add new tools (including AI tools) that add merchants to its ecosystem. If it can continue to put up great quarters like it just did, there is no reason this stock will be staying below $180 per share.<\/p>\n If you want something more in the mid-cap universe, Stantec (TSX:STN<\/a>) looks like an attractive buy. This Canadian stock has a $13.8 billion market cap.<\/p>\n Stantec is a major Canadian provider of engineering, design, and environmental services. Major global trends like aging infrastructure, energy security, rising defence spending, and data centre growth are helping to fuel strong organic demand for its services.<\/p>\n Stantec has also been very acquisitive. Recent acquisitions have expanded its service offering and geographic presence. Last year, net revenue rose 10.6% and adjusted earnings per share (EPS) rose 19.9%. With a strong $8.6 billion backlog, it still anticipates 15%-18% EPS growth for 2026.<\/p>\n This is a company that has compounded shareholder returns by a mid-teens rate for over 10 years. With its stock down 6.6% in 2026, it\u2019s a decent time to build a TFSA position.<\/p>\n If you want a small-cap Canadian stock with some outsized growth, Firan Technology (TSX:FTG<\/a>) is worth a look. After rising 75% this year, this company has a $509 million market cap today.<\/p>\n Generally, Firan is a pretty boring business. It manufactures circuit boards, cockpit components, and aerospace gadgets. However, the company has done a good job positioning itself as an essential aerospace supplier across the world.<\/p>\n Major aircraft manufacturers have decades of backlog. Rising defence spending, is also translating to more demand for Firan\u2019s components. Last year, it grew revenues by 18% and adjusted earnings rose 31%.<\/p>\n The company has a strong balance sheet and a rising backlog. It is not cheap like it was this time last year. However, if it can continue to put up double-digit earnings growth, there could be more capital appreciation in the coming years. <\/p>\n The post 3 Canadian Stocks That Could Be an Ideal Match for a $7,000 TFSA Investment<\/a> appeared first on The Motley Fool Canada<\/a>.<\/p>\n Before you buy stock in Shopify Inc., consider this:<\/p>\n The Motley Fool Canada team has identified what they believe are the top 10 TSX stocks for 2026\u2026 and Shopify Inc. wasn\u2019t one of them. The 10 stocks that made the cut could potentially produce monster returns in the coming years.<\/p>\n Consider MercadoLibre, which we first recommended on January 8, 2014 \u2026 if you invested $1,000 in the \u201ceBay of Latin America\u201d at the time of our recommendation, you\u2019d have over $16,000!*<\/p>\n Now, it\u2019s worth noting Stock Advisor Canada\u2019s total average return is 87%* \u2013 a market-crushing outperformance compared to 76%* for the S&P\/TSX Composite Index. Don\u2019t miss out on our top 10 stocks, available when you join our mailing list!<\/p>\n Get the 10 stocks instantly<\/a><\/p>\n * Returns as of March 24th, 2026<\/p>\n More reading<\/p>\n Fool contributor Robin Brown<\/a> has positions in Firan Technology Group and Shopify. The Motley Fool has positions in and recommends Firan Technology Group and Shopify. The Motley Fool recommends Stantec. The Motley Fool has a disclosure policy<\/a>.<\/p>\n 2026<\/p>\n","protected":false},"excerpt":{"rendered":"Source: Getty Images Written by Robin Brown at The Motley Fool Canada Canadian stocks have had a roller-coaster…\n","protected":false},"author":2,"featured_media":10508,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[17,3282,3161,3974,3284,5782,5783,4703],"class_list":{"0":"post-10507","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-canada","8":"tag-canada","9":"tag-canadian-stock","10":"tag-canadian-stocks","11":"tag-motley-fool","12":"tag-shopify","13":"tag-stantec","14":"tag-tax-efficient","15":"tag-tax-free-savings-account"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/10507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=10507"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/10507\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/10508"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=10507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=10507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=10507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}