Canadian Undervalued Small Caps With Insider Buying

Savaria

Market Cap: CA$1.1b

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

Nexus Industrial REIT

Market Cap: CA$588.9m

A growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties.

Chorus Aviation

Market Cap: CA$520.7m

Through its subsidiaries, provides aviation services.

Saturn Oil & Gas

Market Cap: CA$276.1m

Engages in the acquisition, exploration, and development of petroleum and natural gas resource deposits in Canada.

Propel Holdings

Market Cap: CA$899.9m

Operates as a financial technology company.

Westshore Terminals Investment

Market Cap: CA$1.4b

Operates a coal storage and unloading/loading terminal at Roberts Bank, British Columbia.

First National Financial

Market Cap: CA$2.2b

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services residential and commercial mortgages in Canada.

Altus Group

Market Cap: CA$2.2b

Provides asset and funds intelligence solutions for commercial real estate (CRE) in Canada, the United States, the United Kingdom, France, Europe, the Middle East, Africa, Australia, and the Asia Pacific.

Paramount Resources

Market Cap: CA$2.2b

An energy company, explores for and develops conventional and unconventional petroleum and natural gas reserves and resources in Canada.

Labrador Iron Ore Royalty

Market Cap: CA$1.7b

Through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada that produces and processes iron ores in Canada.

Winpak

Market Cap: CA$2.4b

Manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and Mexico.

Atrium Mortgage Investment

Market Cap: CA$481.1m

Provides financing solutions to the commercial real estate and development communities in Canada.

BSR Real Estate Investment Trust

Market Cap: CA$890.0m

An internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario.

Tamarack Valley Energy

Market Cap: CA$1.8b

Engages in the exploration, development, production, and sale of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin.

Killam Apartment REIT

Market Cap: CA$2.0b

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate investment trusts, owning, operating, managing and developing a $5.3 billion portfolio of apartments and manufactured home communities.

BTB Real Estate Investment Trust

Market Cap: CA$278.3m

BTB is a real estate investment trust listed on the Toronto Stock Exchange.

Plaza Retail REIT

Market Cap: CA$397.2m

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada.

Firm Capital Property Trust

Market Cap: CA$208.6m

Firm Capital Property Trust is focused on creating long-term value for Unitholders, through capital preservation and disciplined investing to achieve stable distributable income.

Clairvest Group

Market Cap: CA$948.0m

A private equity firm specializing in mid-market, growth equity investments, growth capital, buyouts, and consolidating industries and add-on acquisitions.

Canfor

Market Cap: CA$1.6b

Operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally.

Lithium Royalty

Market Cap: CA$261.1m

Operates as a lithium-focused royalty company in Canada, the United States, Australia, Argentina, Brazil, and South America.

Allied Properties Real Estate Investment Trust

Market Cap: CA$2.0b

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities.

Chemtrade Logistics Income Fund

Market Cap: CA$1.0b

Offers industrial chemicals and services in Canada, the United States, and South America.

Wajax

Market Cap: CA$353.7m

Provides industrial products and services in Canada.

NorthWest Healthcare Properties Real Estate Investment Trust

Market Cap: CA$1.2b

Northwest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (Northwest) is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario.

Evertz Technologies

Market Cap: CA$769.3m

Engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally.