As global markets grapple with rising oil prices and inflationary pressures, the Canadian economy faces its own challenges, including potential interest rate hikes from the Bank of Canada. In this environment, growth companies with high insider ownership can offer a unique appeal, as they often indicate confidence from those closest to the business.
| Name | Insider Ownership | Earnings Growth |
| ROK Resources (TSXV:ROK) | 17.6% | 130% |
| Propel Holdings (TSX:PRL) | 25.7% | 39.7% |
| Hammond Power Solutions (TSX:HPS.A) | 27.1% | 32% |
| Firan Technology Group (TSX:FTG) | 12.6% | 22% |
| Electrovaya (TSX:ELVA) | 34.9% | 47.9% |
| Cizzle Brands (NEOE:CZZL) | 13.2% | 90.4% |
| CEMATRIX (TSX:CEMX) | 10.7% | 28.9% |
| Cambria Gold Mines (TSXV:CAMB) | 12% | 85.3% |
| Aritzia (TSX:ATZ) | 16.2% | 20.3% |
| Allied Gold (TSX:AAUC) | 15.4% | 41.7% |
Let's take a closer look at a couple of our picks from the screened companies.
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Ensign Energy Services Inc., along with its subsidiaries, offers oilfield services to the oil and natural gas industries across Canada, the United States, and internationally, with a market cap of CA$722.56 million.
Operations: The company generates CA$1.65 billion in revenue from its oilfield services segment, serving the oil and natural gas sectors in Canada, the United States, and internationally.
Insider Ownership: 27%
Ensign Energy Services, with significant insider ownership, reported a reduced net loss of C$13.05 million in Q2 2026 compared to the previous year. The company's revenue is projected to grow at 7.9% annually, outpacing the Canadian market's growth rate. Despite being forecasted to achieve profitability within three years and trading at a good relative value, its return on equity is expected to remain low at 2.5%. Recent insider activity shows more buying than selling but not substantially so.
Simply Wall St Growth Rating: ★★★★★☆
Overview: Tenaz Energy Corp. is an energy company focused on acquiring and developing oil and gas assets in Canada and the Netherlands, with a market cap of CA$2.47 billion.
Operations: The company generates revenue of CA$497.28 million from the production and sale of petroleum and natural gas.
Insider Ownership: 14.7%
Tenaz Energy, benefiting from high insider ownership, is forecasted to experience significant earnings growth of 47.5% annually and revenue growth of 31% per year, both surpassing Canadian market averages. Despite reporting a net loss for the first half of 2026 and facing shareholder dilution over the past year, it trades at a substantial discount to its estimated fair value. Recent insider activity shows more buying than selling despite no substantial purchases in the past three months.
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Vitalhub Corp. offers technology and software solutions for health and human service providers across Canada, the United States, the United Kingdom, Australia, Western Asia, and other international markets with a market cap of CA$473.78 million.
Operations: The company's revenue from healthcare software solutions amounts to CA$127.08 million.
Insider Ownership: 10.7%
Vitalhub, with significant insider ownership, is poised for robust earnings growth of 46.22% annually, outpacing the Canadian market. Despite revenue growth forecasted at a moderate 8.3%, recent initiatives like the AI Scribe launch highlight its commitment to innovation and efficiency in healthcare solutions. Trading well below estimated fair value and supported by a share repurchase program, Vitalhub's strategic expansion into AI enhances its product offering without disrupting existing client workflows.
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.
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