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Source: Getty Images <\/p>\n Source: Getty Images <\/p>\n
Written by Sneha Nahata<\/a> at The Motley Fool Canada<\/p>\n Investing in the equity market<\/a> with a long-term outlook, such as a five-year horizon, can be a solid strategy for building wealth while navigating market volatility. Over time, short-term fluctuations tend to smooth out, allowing investors to benefit from the broader upward trajectory that equities have historically shown.<\/p>\n Moreover, a few high-quality Canadian stocks<\/a> have pulled back, creating a buying opportunity. While there are fundamentally strong stocks that are likely to benefit from sustained demand for their products and offerings,<\/p>\n Against this backdrop, here are five Canadian stocks to buy and hold for the next five years.<\/p>\n Shopify (TSX:SHOP<\/a>) is a top Canadian stock to buy and hold for the next five years. SHOP stock has fallen by more than 28% this year due to macroeconomic uncertainty, valuation concerns, and concerns about AI\u2019s impact on software companies.<\/p>\n In addition, market sentiment weakened for the Canadian tech giant<\/a> after slower revenue growth and a softer free cash flow outlook for early 2026.<\/p>\n Still, Shopify\u2019s underlying fundamentals<\/a> remain strong. In 2025, gross merchandise volume rose 29% to $378 billion, and revenue climbed 30% to over $11.5 billion. This momentum will likely sustain as growth is driven by expanding merchants, strong adoption of Shop Pay, momentum in B2B and offline commerce, and rising demand for its Plus platform. These factors position Shopify to deliver solid growth amid a shift in selling models towards omnichannel and AI-driven commerce.<\/p>\n Air Canada (TSX:AC<\/a>) stock is a strong long-term investment despite short-term challenges. Higher operating costs, elevated fuel prices, geopolitical tensions in the Middle East, and weaker Canada\u2013U.S. travel demand pressured margins in the near term.<\/p>\n However, the airline is expanding international routes and strengthening its global hub network, with growing revenue from Atlantic, Pacific, and Latin American markets. Strong premium-travel demand and diversified income from Aeroplan, cargo, and vacation services support earnings.<\/p>\n While 2026 will likely be a transition year due to cost pressures and fleet upgrades, these investments should boost efficiency and drive stronger performance from 2027 onward.<\/p>\n CES Energy (TSX:CEU<\/a>) is a compelling Canadian stock to hold over the next five years. The company supplies specialized chemical solutions that help oil and gas producers boost output, improve efficiency, and protect key infrastructure.<\/p>\n Story Continues <\/p>\n Rising demand for advanced chemicals and targeted acquisitions have strengthened its financials and supported share price growth. Its asset-light model generates steady free cash flow, enabling reinvestment and shareholder returns. Moreover, higher upstream activity in North America and its strong U.S. revenue base position CES Energy for sustained growth for years.<\/p>\n SECURE Waste Infrastructure (TSX:SES<\/a>) is an attractive growth stock to hold for the next five years. It operates a waste-management and energy infrastructure network across Western Canada and North Dakota, serving multiple industrial and energy markets through facilities such as landfills, recycling operations, pipelines, and storage terminals.<\/p>\n Strong operational performance has given SECURE stock a boost, and the upward momentum will likely be sustained. Recent results remain solid, including $372 million in Q4 2025 revenue, up 10% year over year. With new infrastructure projects, capacity expansions, and disciplined capital spending, SECURE appears well-positioned for continued growth and to return significant cash to shareholders.<\/p>\n Aritzia (TSX:ATZ<\/a>) is a top Canadian stock to buy and hold. The leading Canadian fashion retailer witnesses strong demand for its exclusive brands. Since fiscal 2020, the company has delivered double-digit revenue and earnings growth, while online sales have risen about 33% annually.<\/p>\n Looking ahead, Aritzia\u2019s growth is likely to be driven by a loyal customer base, disciplined inventory management, and strong full-price sales. Despite potential short-term pressure from tariffs and logistics costs, Aritzia continues to expand its boutiques across Canada and the U.S. while strengthening its digital platforms and mobile shopping experience. Overall, it is poised to grow its revenue and earnings at a solid pace, which will support its share price.<\/p>\n The post 5 Canadian Stocks Worth Buying Today and Holding for the Next 5 Years<\/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\u00a0Sneha Nahata<\/a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Aritzia and Shopify. The Motley Fool recommends Air Canada, Ces Energy Solutions, and Secure Waste Infrastructure Corp. The Motley Fool has a disclosure policy<\/a>.<\/p>\n 2026<\/p>\n","protected":false},"excerpt":{"rendered":"Source: Getty Images Written by Sneha Nahata at The Motley Fool Canada Investing in the equity market with…\n","protected":false},"author":2,"featured_media":5605,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1206,17,3282,3161,3285,2292,3159,3283,2291,3284],"class_list":{"0":"post-5604","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-canada","8":"tag-air-canada","9":"tag-canada","10":"tag-canadian-stock","11":"tag-canadian-stocks","12":"tag-equity-market","13":"tag-fool-canada","14":"tag-free-cash-flow","15":"tag-market-volatility","16":"tag-revenue-growth","17":"tag-shopify"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/5604","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=5604"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/5604\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/5605"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=5604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=5604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=5604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}