23 Canadian Exporters Winning Big in New Global Markets

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Canada’s strong economy is supported by vibrant companies that have expanded and prospered in foreign markets. These companies include cutting-edge tech firms, resource giants, and financial powerhouses that have firmly established themselves as dominant players in global markets and display Canada’s strong potential in the foreign market. These are 23 Canadian exporters winning big in new global markets:

Bombardier Inc.

Bombardier Inc. is a global name in aviation, particularly in the business jet segment. In 2024, Bombardier posted revenues of $6.9 billion, of which 85% was from overseas sources. The company’s Global 7500 aircraft has been one of the most important since it has a range of 7,700 nautical miles, which allows it to travel non-stop from New York to Hong Kong.

Magna International Inc.

Aurora, Ontario-based Magna International Inc. is one of the globe’s biggest auto suppliers and has operations in 28 nations with more than 347 manufacturing plants. In 2024, Magna’s sales were $40 billion, with 90% outside Canada. It created the world’s first completely integrated e-drive system, which transformed electric vehicle performance and has displayed the company’s capabilities, which range from powertrain systems to vehicle electrification.

Nutrien Ltd.

Saskatoon-based Nutrien Ltd. is the globe’s largest crop inputs and services supplier. In 2024, revenues at Nutrien reached $28 billion, with overseas sales reaching 75%. It produces more than 20 million tonnes of potash yearly, mainly from Saskatchewan, and feeds important Asian, Latin American, and American markets. Some of the globe’s deepest mines are Nutrien’s Saskatchewan-based potash operations that reach below 1,000 meters.

Saputo Inc.

Montreal’s Saputo Inc. is among the world’s top ten dairy processors, with operations across Canada, the USA, Argentina, Australia, and the UK. Saputo achieved revenues of $14.3 billion in 2024, of which 53% were derived from international markets. Strategic acquisitions like the acquisition of Australia’s Murray Goulburn have strengthened the company’s international presence.

Canfor Corporation

Vancouver-based Canfor Corporation is a top integrated forest products company with a significant market presence in the lumber and pulp industries. Its recent expansion into European markets and higher shipments to Asia have broadened its revenue base, which totaled $7.2 billion, 70% of which came from exports. This enables its lumber products to be utilized in the construction of famous landmarks such as the Tokyo Skytree.

Canpotex Limited

Saskatoon-based Canpotex Limited is the global leader in potash exporting, selling more than 13 million tonnes annually. The company focuses on delivering to farmers across a range of export markets to increase the global supply and quality of food. It accounts for roughly one-third of world capacity, supplying markets in Asia, Latin America, and Oceania.

Linamar Corporation

Guelph’s Linamar Corporation is a diversified manufacturer with substantial representation in the automotive and industrial industries. In 2024, Linamar had $7.5 billion in sales, 80% of which were foreign. Linamar’s Skyjack equipment has developed a considerable market share in Europe and Asia, maximizing its use of technology and manufacturing expertise to create solutions that meet the demands of consumers and businesses worldwide.

BlackBerry Limited

Once known for its smartphones, Waterloo-based BlackBerry Limited has become a global cybersecurity and embedded software leader. In 2024, BlackBerry’s revenues were $1.2 billion, with 95% generated internationally. All G7 governments trust their security software, and the QNX software is embedded in over 175 million vehicles worldwide, demonstrating the company’s strong potential for global expansion through digital security.

CAE Inc.

Montreal’s CAE Inc. is a global leader in training for the civil aviation, defense, and healthcare markets. In 2024, CAE reported revenues of $3.5 billion, with 90% coming from international clients. The company operates over 200 training sites in more than 35 countries and has become one of the largest civil aviation training networks in the world, using technology to create a safer aviation space.  

Gildan Activewear Inc.

Gildan Activewear Inc., headquartered in Montreal, is a leading apparel manufacturer, including T-shirts, socks, and underwear. In 2024, Gildan’s revenues reached $3.2 billion, with 85% derived from international markets. The company’s products are sold in over 60 countries, with a significant market share in the United States and Europe, thanks to a robust self-reliant manufacturing model that meets the growing demand for sustainable activewear options.

OpenText Corporation

Waterloo-based OpenText Corporation is a global leader in enterprise information management software. In 2024, OpenText reported revenues of $4.2 billion, with 88% coming from international clients. Organizations use the company’s solutions in over 100 countries to manage, secure, and leverage their information assets, boasting software that manages more than 1 trillion documents globally.

Westport Fuel Systems Inc.

Vancouver-based Westport Fuel Systems Inc. provides advanced systems that enable vehicles to operate on clean fuels such as natural gas, hydrogen, and biofuels and has become a leader in alternative fuel solutions. In 2023, the company reported revenues of $331.8 million, with international sales comprising a significant portion of this figure, underscoring Westport’s robust presence in global markets.

Stantec Inc.

Edmonton-based Stantec Inc. is a global leader in design and consulting services that offers solutions in infrastructure and facilities across diverse sectors. In 2024, Stantec achieved record net revenues of $5.9 billion, marking a 15.8% increase from the previous year. This growth was propelled by a balanced mix of 7.4% organic expansion and 7.5% acquisition-driven growth, reflecting the company’s strategic emphasis on climate change mitigation and digital innovation.​

CGI Inc.

Montreal-based CGI Inc. is a leading IT and business consulting services firm with operations in over 40 countries. In the fiscal year 2024, CGI reported revenues of $12.2 billion, with 85% generated from international markets. The company’s end-to-end services, which include systems integration, consulting, and outsourcing, have positioned it as a trusted partner for governments and enterprises worldwide. It also had a pivotal role in developing the software infrastructure for the Mars Rover mission.

Teck Resources Limited

Vancouver-based Teck Resources Limited is one of Canada’s leading mining companies. It produces materials like copper, zinc, and steelmaking coal, essential for global development. In 2024, Teck reported revenues of $10.5 billion, with 80% derived from international sales. The company’s diversified operations span the Americas and Asia, supplying critical resources to markets worldwide. Teck’s Red Dog Mine in Alaska is one of the world’s largest producers of zinc concentrate.​

Lululemon Athletica Inc.

Vancouver-based Lululemon Athletica Inc. has transformed from a yoga-wear retailer into a global athleisure powerhouse. In 2024, the company reported revenues of $8.1 billion, with 60% coming from international markets. Lululemon’s innovative product lines and community-centric marketing strategy drive its expansion into markets across Asia, Europe, and Australia and contribute to consumer satisfaction worldwide. ​

Shopify Inc.

Ottawa-based Shopify Inc. has revolutionized the e-commerce landscape by providing a platform that enables businesses of all sizes to establish and manage online stores. In 2024, Shopify’s revenues reached $5.6 billion, with 75% originating from international merchants. The user-friendly interface and robust ecosystem have attracted over 1.7 million businesses worldwide while facilitating global entrepreneurship. ​

SNC-Lavalin Group Inc.

Montreal-based SNC-Lavalin Group Inc. is a global engineering and construction firm with projects spanning infrastructure, mining, and energy sectors. In 2024, the company reported revenues of $7.3 billion, with 70% derived from international projects. SNC-Lavalin’s expertise in managing complex, large-scale projects has solidified its reputation in markets across the Middle East, Europe, and Asia.

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Barrick Gold Corporation

Toronto-based Barrick Gold Corporation is one of the world’s largest gold mining companies, with operations across North and South America, Africa, and the Middle East. In 2024, Barrick reported revenues of $12.5 billion, with 85% coming from international operations. The strategic focus on tier-one mining assets has ensured high-quality production and sustained global competitiveness and enabled it to have one of the single largest gold-producing complexes globally, yielding over 3.5 million ounces annually.​

Manulife Financial Corporation

Toronto-based Manulife Financial Corporation is a leading international financial services group that offers insurance and wealth management solutions. In 2024, Manulife reported revenues of $22.3 billion, with 60% generated from international markets, particularly in Asia. The company’s strong presence in China, Japan, and Southeast Asia has driven its global growth, catering to the region’s rising middle class.

Sun Life Financial Inc.

Toronto-based Sun Life Financial Inc. is a global insurance and wealth management leader with clients across North America, Asia, and Europe. The company reported revenues of $25.6 billion in 2024, with over 65% emerging from international markets, where it holds a strong presence in markets like China, India, and the Philippines. The investment strategies and digital transformation initiatives have strengthened Sun Life’s global foothold, with $1.4 trillion in assets under management.

Brookfield Asset Management Inc.

Toronto-based Brookfield Asset Management Inc. is a leading global alternative investment firm, managing assets across real estate, infrastructure, renewable energy, private equity, and credit. In 2024, the company reported $850 billion in assets under management (AUM), with over 80% of its investments spanning international markets like the United States, Europe, South America, and Asia. Brookfield’s strategic focus on infrastructure and renewable energy projects has positioned it as a key player in the global push for sustainability, with major investments in wind, solar, and hydroelectric power generation.

Alimentation Couche-Tard Inc.

Laval-based Alimentation Couche-Tard Inc. has transformed from a small Quebec-based retailer into one of the world’s largest convenience store operators. The company owns brands like Circle K and operates in over 25 countries with over 14,000 stores worldwide. In 2024, Couche-Tard witnessed revenues that exceeded $70 billion, with 75% of its sales coming from international markets, particularly the U.S. and Europe.

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