5 Best Canadian Infrastructure Stocks to Buy Now

In this article, we will list the 5 Best Canadian Infrastructure Stocks to Buy Now. Please visit 7 Best Canadian Infrastructure Stocks to Buy Now if you would like to see the extended list and the methodology behind it.

5. GFL Environmental Inc. (NYSE:GFL)

On June 3, 2026, Opal Fuels (OPAL) and GFL Environmental Inc. (NYSE:GFL) announced progress on the construction of two new RNG facilities at the Stones Throw Landfill in Tallapoosa County, Alabama, and the Grady Road Landfill in Polk County, Georgia. The projects together represent nearly 2M MMBTU of plant design capacity and are owned jointly by GFL and Opal Fuels, with each holding a 50% stake. Opal Fuels has agreed to market and distribute the full output from the facilities through its CNG/RNG dispensing network. The new RNG facilities are designed to supply fuel for approximately 800 Class 8 heavy-duty tractors. The companies said the fuel offers better economics than diesel while also providing the benefit of zero Scope 1 and Scope 2 emissions.

Last month, CIBC analyst Kevin Chiang lowered the firm’s price target on GFL Environmental Inc. (NYSE:GFL) to C$75 from C$77 and maintained an Outperformer rating on the shares.

Earlier in May, Scotiabank also lowered the firm’s price target on GFL Environmental to $52 from $56 and maintained an Outperform rating, saying the update reflected the pending acquisition of SECURE Waste Infrastructure.

GFL Environmental Inc. (NYSE:GFL) provides non-hazardous solid waste management services in Canada and the United States.