Canadian Capital Goods Strong Balance Sheet Stocks

Velan

Market Cap: CA$364.4m

Designs, manufactures, and markets industrial valves worldwide.

Westport Fuel Systems

Market Cap: CA$69.5m

Engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in Europe, Asia, North America, South America, and internationally.

Russel Metals

Market Cap: CA$2.2b

Engages in the distribution of steel and other metal products in Canada and the United States.

AtkinsRéalis Group

Market Cap: CA$11.7b

Provides professional services and project management, and capital investment services in United Kingdom, Canada, the United States, Saudi Arabia, and internationally.

Toromont Industries

Market Cap: CA$9.3b

Provides specialized capital equipment in Canada, the United States, and internationally.

KWESST Micro Systems

Market Cap: CA$3.6m

Engages in the development and commercialization of tactical systems and ammunitions for military, public safety agencies, and personal defense markets.

Fibre-Crown Manufacturing

Market Cap: CA$710.8k

Does not have significant operations.

Thermal Energy International

Market Cap: CA$19.9m

Engages in the development, engineering, and supply of pollution control products, heat recovery systems, and condensate return solutions in North America, Europe, and internationally.

Hillcrest Energy Technologies

Market Cap: CA$10.5m

Engages in developing power conversion technologies and digital control systems for powertrains, and grid-connected renewable energy generation systems.

Magellan Aerospace

Market Cap: CA$721.1m

Through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe.

Hammond Power Solutions

Market Cap: CA$1.0b

Engages in the design, manufacture, and sale of various transformers in Canada, the United States, Mexico, and India.

Ballard Power Systems

Market Cap: CA$506.4m

Engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products.

Bird Construction

Market Cap: CA$1.1b

Provides construction services in Canada.

Black Swan Graphene

Market Cap: CA$42.8m

Engages in the production and commercialization of patented graphene products for industrial sectors in Canada.

Taiga Building Products

Market Cap: CA$411.3m

Operates as a wholesale distributor of building products in Canada and the United States.

SPARQ Systems

Market Cap: CA$104.2m

Engages in the design, manufacture, and sale of single-phase microinverters for residential and commercial solar electric applications.

Omni-Lite Industries Canada

Market Cap: CA$17.0m

Manufactures metal alloy, composite components, and fastener systems in the United States and Canada.

Appulse

Market Cap: CA$3.0m

Through its subsidiaries, sells new and refurbished centrifuge machines and parts in Canada, the United States, and internationally.

BYT Holdings

Market Cap: CA$1.9m

Engages in the provision of turnkey engineering, procurement, and construction management solutions primarily in Singapore and Malaysia.

Stantec

Market Cap: CA$13.8b

Provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally.

Hammond Manufacturing

Market Cap: CA$92.9m

Designs, manufactures, and sells electrical and electronic components in Canada, the United States, and internationally.

Hypercharge Networks

Market Cap: CA$4.6m

Provides electric vehicle (EV) charging equipment and solutions in Canada and the United States.

Electrovaya

Market Cap: CA$150.3m

Engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America.

Enterprise Group

Market Cap: CA$103.9m

Through its subsidiaries, operates as an equipment rental and construction services company in Canada.

Tornado Infrastructure Equipment

Market Cap: CA$186.3m

Through its subsidiaries, designs, fabricates, manufactures, and sells hydrovac trucks in North America and China.

EnWave

Market Cap: CA$27.2m

Designs, constructs, markets, and sells vacuum-microwave dehydration machinery for the food, cannabis, and biomaterial industries in Canada, the United States, and internationally.

California Nanotechnologies

Market Cap: CA$26.9m

Engages in the research, development, and production of nanocrystalline materials through grain size reduction.

BluSky Carbon

Market Cap: CA$7.2m

Engages in converting organic and industrial wastes into biochar, renewable power, and carbonate rocks in the United States.

Goodfellow

Market Cap: CA$94.7m

Engages in the wholesale distribution of building materials and floor coverings in Canada, the United States, and the United Kingdom.

MDA Space

Market Cap: CA$3.3b

Provides space technology solutions and in Canada, the United States, Europe, Asia, the Middle East, and internationally.

Richelieu Hardware

Market Cap: CA$1.8b

Manufactures, imports, and distributes specialty hardware and complementary products in Canada and the United States.

GreenPower Motor

Market Cap: CA$17.7m

Designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada.

DIRTT Environmental Solutions

Market Cap: CA$191.5m

Operates as an interior construction company in Canada.

Draganfly

Market Cap: CA$21.4m

Develops, manufactures, and sells cutting-edge unmanned and remote data collection and analysis platforms and systems in the United States and Canada.

Savaria

Market Cap: CA$1.2b

Provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, Europe, and internationally.

CO2 Gro

Market Cap: CA$1.9m

Focuses on commercializing patent-licensed CO2 gas infusion technology and patent-pending US PTO CO2 delivery solutions system.