Top Canadian Stock Gainers and Losers of August 2023

Continuing the trend of July this month, cannabis continued to gain – with Tilray, Canopy and Green Thumb stocks leading the charge, while Bombardier, BRO and Canadian Tire plunged.

Ruth Saldanha 1 September, 2023 | 10:02AM
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Top Stock Gainers August 2023

Cannabis led the charts in August, with Green Thumb Industries GTII leading the pack, up 33.23% in August. This burst left the stock up 4.76% for the year.  

Tilray Brands TLRY shot up 20.24% in August, continuing its run up from July. The stock is now up 8.45% for the year.

Canopy Growth WEED also bounced 18.46% last month, slowly erasing some of the its losses. It is still down 74.48% for the year, though.

SNC-Lavalin Group SNC gained nearly 15% in August. The stock is up an eye-watering 84% for the year to date.

Blackberry BB reversed its losses from last up, ending August up 12.3%. The stock is up 71% for the year.

Top Stock Losers in August 2023

In August, Bombardier BBD.D fell the most of the stocks in our coverage universe down 16.5%. The stock is up 5.4% for the year,

As summer comes to a close, ski-doo maker BRP DOO fell 14.8% for the month, and is only a little in the green since the start of the year.

Canadian Tire CTC.A lost 11.5% for the month, though the stock is up nearly 17% so far this year.

Aurora Cannabis ACB is the top cannabis loser for the month, down 10.67% in August, even as its peers gained.

Brookfield Renewable Partners BEP.UN was down 9.9% for August, but is up 3.6% for the year.


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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Aurora Cannabis Inc1.03 CAD5.10Rating
BlackBerry Ltd6.93 CAD0.14Rating
Bombardier Inc Registered Shs -A- Multiple Vtg Conv48.00 CAD2.52
Bombardier Inc Registered Shs -B- Subord Vtg47.75 CAD2.14
Brookfield Renewable Partners LP34.46 CAD1.25Rating
BRP Inc100.93 CAD1.02Rating
Canadian Tire Corp Ltd275.01 CAD-2.13
Canadian Tire Corp Ltd Class A148.64 CAD0.37Rating
Canopy Growth Corp1.13 CAD8.65Rating
Green Thumb Industries Inc14.17 CAD1.80Rating
SNC-Lavalin Group Inc45.95 CAD0.40Rating
Tilray Brands Inc3.22 CAD0.31Rating

About Author

Ruth Saldanha

Ruth Saldanha  is Editorial Manager at Follow her on Twitter @KarishmaRuth.


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