With the Bank of Canada preparing for another closely watched policy decision, interest rates remain a powerful filter on where capital flows next. That keeps attention on Canadian companies helping build and run artificial intelligence, from chips to cloud to software. This article highlights three stocks from a focused AI screener that are tightly linked to the ChatGPT trend and explains how each could fit different portfolio goals.
The three AI stocks covered below are only a starting sample, and the full screen surfaced another 33 companies with equally compelling stories that are not included in this article. To identify and analyze the highest conviction ideas directly tied to the ChatGPT and AI build out, head straight into the Artificial Intelligence/ AI Stocks screener.
Docebo (TSX:DCBO)
Overview: Docebo is a Toronto based company that provides a cloud learning platform where enterprises use AI tools like Harmony Search, Advanced Analytics and Docebo Creator to deliver personalized training, automate content creation and measure learning outcomes. Beyond these AI powered modules, it also sells a broader suite of learning management and integration tools for internal staff, customers and partners.
Operations: Docebo generates about $258.9 million in revenue from educational software, with around $174.0 million from the United States, $71.4 million from the rest of the world and $13.5 million from Canada.
Market Cap: CA$888.2 million
Docebo provides a direct way to access the AI training trend, since its Harmony Search and AI analytics are embedded in the core Docebo Learn platform that enterprises use to roll out skills and onboarding related to tools such as ChatGPT. The company is currently profitable, reporting a 13% margin in recent figures, and is continuing to invest in AI features and public sector expansion. A sizeable buyback program indicates that management is returning capital as it refines its balance sheet. On the other hand, negative shareholders’ equity, debt funded repurchases and unproven pricing power for newer AI modules mean investors need to be comfortable with execution risk. For those seeking targeted exposure to AI powered software rather than chip makers, Docebo may warrant closer examination.
Docebo’s profitable AI training engine and large U.S. revenue base can look powerful, yet the buyback and negative equity story is easy to misread. Get the full picture in the 4 key rewards and 3 important warning signs (1 is major!)
Kinaxis (TSX:KXS)
Overview: Kinaxis is an Ottawa based software company that sells Kinaxis Maestro, a cloud based supply chain platform that uses AI agents and automation to help large manufacturers and distributors plan demand, manage inventory, and make real time decisions. Around this AI infused engine, Kinaxis offers a wider suite of tools and services that support implementation, training, and ongoing optimization across sectors such as aerospace, automotive, consumer products, and life sciences.
Operations: Kinaxis generates about $603.2 million in revenue from the design, development, marketing, and sale of its supply chain management software and solutions, with roughly $336.3 million from the United States, $198.2 million from Europe, $62.1 million from Asia, and $6.6 million from Canada.
Market Cap: CA$4.9 billion
Kinaxis gives investors exposure to AI powered supply chain planning through Maestro, which is already being adopted by industrial groups like Ansaldo Energia and consumer brands such as ScottsMiracle Gro to coordinate complex global operations. The company combines this theme exposure with a subscription business model, support services, and a record of software gross margins at 80%. Investors still have to weigh factors such as insider selling, relatively new leadership, and reliance on partners for implementations. For readers interested in AI that addresses concrete problems such as inventory and logistics rather than text generation, Kinaxis may merit closer attention as more enterprises test Maestro agents and expand pilots into broader deployments.
Kinaxis already has 80% software gross margins and marquee customers, yet many investors still treat Maestro as just another supply chain tool. See how the analyst forecasts for Kinaxis could change that story.
Quantum eMotion (TSXV:QNC)
Overview: Quantum eMotion is a Montreal based cybersecurity company that develops quantum based hardware and software to secure data, with products like Sentry-Q encryption, eFlux-Q cloud entropy distribution, and eShield-Q, which is built specifically to protect cryptographic keys and operations inside modern AI and cloud environments.
Market Cap: CA$621 million
Quantum eMotion is one of the purest AI security stories in this screener because eShield-Q is aimed directly at protecting large language model and cloud AI deployments. Yet the stock still reflects an early stage business with very small current sales and continuing losses, including H1 2026 revenue of just CA$0.012 million against a CA$8.32 million loss. The recent collaboration with Vertical Data on securing GPU clusters and edge data centers shows how its quantum cryptography could plug into real AI infrastructure. At the same time, a premium P/B multiple, reliance on higher risk funding and insider selling keep execution risk high. For investors comfortable with speculative AI infrastructure plays, Quantum eMotion is a company to watch closely.
Quantum eMotion’s quantum AI security story is easy to overlook when current revenue is so small, yet the real twist sits in the 1 key reward and 4 important warning signs (2 are major!)
Curious About What You Might Be Missing?
Fresh ideas can move fast. Some stay under the radar for now, while others build quiet momentum before a breakout. Review these curated stock lists before the wider market does.
- Search for smaller companies with stronger balance sheets and cash generation using this curated 10 high quality undiscovered gems.
- Explore potential income opportunities by scanning a focused 3 dividend fortresses that highlights companies combining higher yields with robust fundamentals.
- Review a handpicked 39 power grid technology and infrastructure stocks that focuses on key grid technology and equipment providers.
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.
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