As the Canadian market navigates a complex landscape of rising energy prices and inflation pressures, strong corporate earnings continue to drive growth, with the TSX recently experiencing a notable recovery. In such an environment, growth companies with high insider ownership can be particularly appealing as they often indicate confidence in long-term value creation and alignment between management and shareholders.
Top 10 Growth Companies With High Insider Ownership In Canada
Let’s uncover some gems from our specialized screener.
Simply Wall St Growth Rating: ★★★★☆☆
Overview: North American Construction Group Ltd. offers mining and heavy civil construction services to the resource development and industrial construction sectors in Australia, Canada, and the United States, with a market cap of CA$548.85 million.
Operations: The company’s revenue segments consist of CA$579.12 million from Heavy Equipment in Canada and CA$690.23 million from Heavy Equipment in Australia.
Insider Ownership: 10.3%
North American Construction Group shows strong insider confidence with substantial recent share purchases. Despite a decline in net income to C$33.83 million for 2025, revenue increased to C$1.28 billion from the previous year. Earnings are projected to grow significantly at 42.1% annually, outpacing the Canadian market’s growth rate of 10.8%. However, interest payments are not well covered by earnings and profit margins have decreased from last year, indicating potential financial challenges ahead.
TSX:NOA Earnings and Revenue Growth as at May 2026
Simply Wall St Growth Rating: ★★★★★☆
Overview: Propel Holdings Inc., along with its subsidiaries, operates as a financial technology company and has a market cap of CA$947.04 million.
Operations: Propel Holdings Inc. generates its revenue through various financial technology services, with specific segment details not provided in the available text.
Insider Ownership: 29.7%
Propel Holdings exhibits strong growth potential with earnings expected to grow significantly at 36.4% annually, surpassing the Canadian market’s 10.8% growth rate. Despite a recent increase in dividend to C$0.96 per share, dividends are not well covered by free cash flows. The company recently expanded its credit facility and launched FreshLine, indicating strategic expansion efforts. However, substantial insider selling has occurred recently, raising questions about insider confidence despite the company’s robust revenue growth forecast of 23.6%.
TSX:PRL Earnings and Revenue Growth as at May 2026
Simply Wall St Growth Rating: ★★★★☆☆
Overview: TerraVest Industries Inc. manufactures and sells goods and services across Canada, the United States, and internationally, with a market cap of CA$2.78 billion.
Operations: The company’s revenue segments include Service (CA$244.59 million), Processing Equipment (CA$100.83 million), Compressed Gas Equipment (CA$760.84 million), and HVAC and Containment Equipment (CA$442.81 million).
Insider Ownership: 27.8%
TerraVest Industries shows promising growth prospects with earnings projected to grow significantly at 23.3% annually, outpacing the Canadian market’s 10.8%. The company reported strong financials for Q1 2026, with revenue of C$408.35 million and net income of C$33.21 million. Despite trading well below its estimated fair value, TerraVest has seen significant insider selling recently, which may raise concerns about insider confidence amidst its robust growth trajectory and recent dividend affirmation of C$0.20 per share.
TSX:TVK Ownership Breakdown as at May 2026
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.
Companies discussed in this article include TSX:NOA TSX:PRL and TSX:TVK.
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