1.EQB Inc.
EQB.TO (TSX)
EQB Inc. stands out as a promising Canadian financial stock linked to the growth of Equitable Bank and EQ Bank's innovative platform. With a solid 1-year return of 35.63% and an impressive 5-year return of 80.55%, it reflects a robust performance trajectory, alongside a dividend yield of 1.94%. Despite receiving a C+ rating from analysts, its focus on sustainable growth positions it as an attractive option for investors seeking reliable income from a financially sound institution.
Pros:
- Strong 1-year and 5-year returns
- Quarterly dividend payments
Cons:
- Moderate rating of C+
- Potential exposure to economic fluctuations
2.Aritzia
ATZ.TO (TSX)
Aritzia, a prominent Canadian fashion retailer listed on the TSX, presents substantial long-term growth potential, particularly in the e-commerce space. With a remarkable 69.68% return over the past year and an impressive 238.78% over the last five years, it remains a strong contender for investors. Supported by favorable analyst ratings, including "Outperform" from Raymond James and "Buy" from Canaccord Genuity, Aritzia is well-positioned for continued success.
Pros:
- Significant long-term growth potential
- Strong 5-year return
Cons:
- Recent negative 3-month return
- High market volatility risk
3.iShares Canadian Growth ETF
XCG (TSX)
The iShares Canadian Growth ETF is designed for investors seeking exposure to high-growth Canadian companies. With a commendable 1-year return of 8.08% and an impressive 5-year return of 44.19%, this ETF emphasizes the potential of innovative sectors within Canada, making it a compelling option for growth-oriented portfolios. Additionally, it offers a modest dividend yield of 0.50%, reflecting a focus on companies with robust financial health.
Pros:
- Focus on high-growth Canadian companies
- Consistent quarterly dividends
Cons:
- Lower 1-year return compared to peers
- Market exposure risk
4.Descartes Systems Group
DSG.TO (TSX)
Descartes Systems Group, a logistics software company listed on the TSX, presents an intriguing opportunity for investors with its recurring revenue model and significant international growth potential. Despite a challenging year with a return of -21.72%, the company has demonstrated resilience over the long term, achieving a 5-year return of 9.95%. Supported by strong analyst ratings, including a Buy from Loop Capital and an upgrade to Buy from Rothschild & Co, Descartes remains a compelling choice for those seeking exposure in the logistics sector.
Pros:
- Strong historical growth over 10 years
- Recurring revenue model
Cons:
- Negative 1-year return
- Market volatility risk
5.TD Global Technology Leaders Index ETF
TEC.TO (TSX)
The TD Global Technology Leaders Index ETF offers a strategic approach by targeting robust global technology firms poised for significant growth. With a remarkable 1-year return of 22.03% and an impressive 5-year return of 107.09%, it stands out as an attractive option for investors seeking exposure to high-performing tech stocks. Furthermore, its modest dividend yield of 0.13% complements the potential for capital appreciation, making it a compelling choice for those looking to capitalize on technology sector advancements.
Pros:
- Targets global technology leaders
- Strong 5-year return
Cons:
- Lower dividend yield
- Market volatility risk
Did you know?
Growth stocks are shares in companies expected to grow sales and earnings faster than the market average. They often pay little in dividends because management reinvests profits into the business. Compare revenue trends, valuation, and sector risk on this list, and whether each pick fits a TFSA, RRSP, or taxable account.
Final Words
As you consider the best growth stocks in Canada this September, it's essential to evaluate your investment options carefully. Take time to compare the companies highlighted and conduct your own research to make informed decisions that align with your financial goals.
Frequently Asked Questions
As of September 2026, Descartes Systems Group (ticker: DSG.TO) has shown a 3-month return of 11.54% and a 6-month return of 19.28%. However, it has a year-to-date return of -10.63% and a one-year return of -21.72%.
Descartes Systems Group has a market capitalization of $9.22 billion. This positions the company as a significant player in the logistics software sector on the TSX.
Descartes Systems Group provides a range of cloud-hosted solutions for managing logistics and supply chain operations. Their offerings include tools for route optimization, transportation management, e-commerce integration, and customs compliance services.
Descartes Systems Group has demonstrated strong long-term performance with a 10-year return of 284.87% and a maximum return of 965.45%. This indicates its resilience and growth potential over an extended period.
When investing in growth stocks, consider factors such as the company's revenue growth potential, market trends, and competitive positioning. It's also important to evaluate the risks associated with high valuations and market volatility.
Descartes Systems Group has a beta of 0.19, indicating that its stock price is less volatile than the market. A lower beta suggests that the stock may be less affected by market fluctuations, which can be appealing for risk-averse investors.
