Top 10 AR VR Companies in Canada 2026

Pilots fly a plane in a simulator before they ever fly one for real. A surgeon operates on a simulated patient. A geologist can walk through a gold deposit from the office.

These are some examples of augmented and virtual reality being used in Canada today. It’s not just games; these are serious tools for training, planning and sales.

According to MarketsandMarkets, Canada’s AR and VR market will be worth about US$1.97 billion in 2026 and is expected to grow at 16.4% a year through 2031. Canada is home to simulation companies in Montreal, game studios in Vancouver and medical XR startups working with hospitals in Ottawa, Saskatoon and British Columbia. There’s a lot to offer here.

Also Read: Top 10 SaaS Companies in Canada 2026

Over the past few years, several well-known studios have cut staff or closed. That makes the companies still standing worth a closer look. This guide covers the top 10 AR VR companies in Canada for 2026, what each one does best, and how to find the right partner for your project.

Why Businesses Are Turning to AR VR Companies in Canada

Safer, Cheaper Training

Immersive simulation lets people train for hazardous situations without risking lives or equipment. Pilots, nurses and surgeons can practice a procedure over and over, and trainers collect data on every attempt.

Better Decisions From 3D Data

Medical scans, geological surveys and engineering models can be hard to decipher on a flat monitor. Seeing them in 3D helps professionals spot potential issues earlier and explain plans to clients, investors or patients.

Deep Local Talent

Canada has decades of experience in flight simulation, visual effects and game development. Many AR VR companies in Canada were founded by clinicians, engineers or game industry veterans who know their end users well.

New Ways to Engage Customers

Augmented reality lets sports teams and brands reach fans on their mobile phones, without a separate app. That opens up sponsorship and marketing opportunities that print and video can’t match.

Top 10 AR VR Companies in Canada at a Glance

Top 10 AR VR Companies in Canada (2026)

Below are the firms that stand out on scale, track record and real-world use.

1. CAE

CAE has been building simulation technology since 1947. Based in Montreal, it’s the biggest name in Canadian simulation. It makes flight simulators and runs training centers for airlines, business aviation operators and defense forces around the world. Its immersive products include the CAE Sprint Virtual Reality Trainer, which is part of the CAE TRAX Academy program for student military pilots, and MAVRC, a mixed reality trainer used for helicopter rear crew.

CAE reported revenue of C$4.9 billion in fiscal 2026, an increase of 4% over the previous year. Its Defense division grew 9% to C$2.2 billion, while its Civil division came in at C$2.7 billion. Management has called fiscal 2027 a reset year, and it plans a restructuring aimed at saving between C$125 million and C$150 million a year by fiscal 2030. The Sprint trainer combines a VR headset with physical flight controls. Students also get haptic feedback and guidance from a virtual coach, so they can learn on their own time.

Key CAE Solutions
✔ CAE Sprint VR Trainer with physical stick, throttle and rudder
✔ CAE TRAX Academy training continuum for military pilots
✔ MAVRC mixed reality rear-crew trainer
✔ CAE Rise data analytics and performance grading

Best for: Airlines, air forces and defense agencies that need certified, large-scale simulation.

2. PrecisionOS

PrecisionOS was founded in Vancouver in 2017 and develops virtual reality training and planning tools for orthopedic surgeons. Its CEO, Dr. Danny Goel, is an orthopedic surgeon himself. The company’s modules let surgeons and residents practice procedures in VR and get feedback on their technique before they operate on a real patient.

It also developed InVisionOS, a planning tool that has received FDA 510(k) clearance. InVisionOS turns a patient’s CT scan into a 3D model that surgeons can explore in VR before the actual surgery. PrecisionOS has worked with NuVasive on a VR training module and signed a three-year collaboration with Massachusetts General Hospital to help train orthopedic residents. The company reports affiliations with more than 50 major medical institutions across the US and Canada, and its platform is used in more than 55 countries.

Key PrecisionOS Solutions
✔ VR orthopedic training modules for residents and surgeons
✔ InVisionOS VR surgical planning from CT scans
✔ Custom training modules for medical device companies
✔ Performance feedback and skills assessment

Best for: Teaching hospitals, residency programs and orthopedic device makers.

3. Realize Medical

Realize Medical is an Ottawa company co-founded by Dr. Justin Sutherland and Dr. Dan La Russa. Both are researchers at The Ottawa Hospital and professors at the University of Ottawa. Their lead product, Elucis, is a virtual reality platform that lets clinicians and medical engineers create 3D models from patient images using a handheld stylus.

The company raised a C$1 million seed round led by Capital Angel Network, with investment from Maple Leaf Angels and York Angels. In September 2025, Realize Medical joined forces with Canon USA to integrate Elucis with Canon’s imaging systems for procedural planning, starting with pediatric cardiology and adult structural heart disease. The two companies showcased their integrated technology at the TCT cardiology meeting in San Francisco in October 2025.

Key Realize Medical Solutions
✔ Elucis VR 3D modeling platform
✔ Patient-specific models for procedural planning
✔ Integration with Canon imaging systems
✔ 3D models for teaching and patient communication

Best for: Cardiology teams, hospitals and researchers who need fast 3D models from scans.

4. Cloudhead Games

Cloudhead Games is one of the most respected VR studios in the world. It was co-founded in 2012 by Denny and Tracey Unger and is based on Vancouver Island, British Columbia. The studio gained attention with The Gallery series in 2016 and 2017, and then with Pistol Whip, the 2019 rhythm shooter that became one of VR’s best-known hits.

It also developed Aperture Hand Lab, released in 2019. Like many VR game studios, Cloudhead has had a tough couple of years. In January 2026, CEO Denny Unger announced that the studio would let go of about 70% of its staff, citing a lack of platform funding for VR. The remaining team continues its work, and if you’re looking at VR entertainment in Canada, the studio’s catalog and design experience still make it a reference point.

Key Cloudhead Games Solutions
✔ Pistol Whip rhythm action game
✔ The Gallery adventure series
✔ Hand-tracking and controller interaction design
✔ Long experience shipping on major VR platforms

Best for: Players and partners looking for proven, polished VR game design.

5. Luxsonic Technologies

Luxsonic Technologies is a virtual reality company based in Saskatoon, Saskatchewan. It was incorporated in 2014 and is headed by co-founder and CEO Dr. Mike Wesolowski. Luxsonic builds VR software for medical imaging and education. Its main product, SieVRt, is an all-in-one VR radiology suite that lets radiologists and trainees view and work with 2D and 3D medical images in a headset.

In 2021, Health Canada approved the SieVRt diagnostic module as a Class II medical device, which the company described as a first for a VR radiology platform. SieVRt also offers basic, education and collaboration modules, and Luxsonic said trials were under way at Massachusetts General Hospital, Cleveland Clinic and McMaster University. The company has also done VR development and 360-degree video work for clients like Saskatchewan Polytechnic.

Key Luxsonic Solutions
✔ SieVRt VR radiology reading suite
✔ Remote image review for radiologists
✔ Education and collaboration modules
✔ Custom VR and 360-degree training content

Best for: Radiology departments and medical schools exploring VR image review.

6. VRIFY

VRIFY was started in 2017 in the Vancouver area by Steve de Jong, who wanted to bring 3D tools to the mining industry. At first, it let mining companies take drill data and maps and turn them into interactive 3D models to show investors. Now it offers VRIFY Present for 3D storytelling and DORA, an AI tool that analyzes geological data to flag likely mineral targets.

VRIFY raised C$12.5 million in a Series B round in March 2025, bringing its total funding to more than C$30 million. At the time, it said it was working with 170 mining companies. Juniors such as Toogood Gold and Golden Cross Resources have since announced that they’re using its AI-assisted discovery platform. It’s a good example of how Canadian 3D visualization firms are adding AI to stay relevant.

Key VRIFY Solutions
✔ VRIFY Present 3D investor presentations
✔ DORA AI prospectivity mapping
✔ VRIFY Predict and VRIFY Signal tools
✔ Interactive 3D models of drill and survey data

Best for: Mining and exploration companies that need to show and analyze their data.

7. VR Vision

VR Vision was founded in Toronto in 2016 and offers virtual and augmented reality training for businesses. Its office is on The Esplanade in downtown Toronto. It can produce custom VR and AR content, resell and support headsets, and advise brands that want to roll out immersive learning.

From academic institutions to large enterprises and small and mid-sized businesses, VR Vision works with a wide mix of clients. Its projects cover automotive, oil and energy, and renewables and environment. Having all of that under one roof makes it a practical company to approach for a first VR training pilot. It also ranks near the top of The Manifest’s list of Canadian VR developers.

Key VR Vision Solutions
✔ Custom VR training simulations
✔ AR content for field and plant staff
✔ Headset supply and deployment support
✔ Immersive learning strategy and consulting

Best for: Enterprises and schools that want a full-service VR training partner.

8. Conquer Experience

Conquer Experience was founded in 2018 in Surrey, British Columbia, and is led by co-founder and CEO Angela Robert. It created PeriopSim, a virtual reality platform for training operating room nurses and surgical technologists. The software lets them practice instrument recognition, procedure steps and passing techniques before they step into a real operating room.

Horizon Health Network in New Brunswick uses PeriopSim at four hospitals: The Moncton Hospital, Saint John Regional Hospital, Dr. Everett Chalmers Regional Hospital in Fredericton and Miramichi Regional Hospital. The simulated procedures range from hernia repair and laparoscopic gallbladder removal all the way up to craniotomy, hip fracture surgery and joint replacement.

Key Conquer Experience Solutions
✔ PeriopSim VR surgical nursing simulator
✔ Instrument recognition and passing drills
✔ Procedures across general, neuro and orthopedic surgery
✔ Self-paced practice for new OR staff

Best for: Hospitals onboarding perioperative nurses and surgical technologists.

9. Marion Surgical

Marion Surgical is a Canadian surgical simulation company. Its founder, Dr. Ben Sainsbury, created its first simulator while completing his PhD in computer science. Its original VR training system combined a headset with high-fidelity haptics, so surgeons can feel physical feedback as they practice.

Its latest product, the Marion Surgical Robot Simulator, lets users train for robotic surgery on standalone Meta Quest 2 and 3 headsets or on a PC through Steam. In 2025, the company also launched a Udemy course on robotic surgery built around the simulator. It was co-developed with practicing robotic surgeon Dr. Mohammad Sanaul Hoque Sarker. This low-cost format makes it easier for students and residents to get early exposure to robotic systems.

Key Marion Surgical Solutions
✔ Marion Surgical Robot Simulator for Meta Quest and PC
✔ Haptic VR surgical training
✔ Online robotic surgery course with certificate
✔ Cloud-hosted training environment

Best for: Medical students and residents learning robotic surgery basics.

10. ImagineAR

ImagineAR is a Canadian augmented reality company that’s publicly traded on the Canadian Securities Exchange (IP) and the OTCQB (IPNFF). Its self-publishing AR platform lets businesses and sports teams create their own AR campaigns without coding. It also has an AR software development kit that helps teams build fan engagement apps.

Its sports clients have included Brazil’s Clube Atlético Mineiro and Queens Park Rangers, its first professional soccer client in the UK. ImagineAR is a micro-cap company, and an April 2026 market review described its revenue as modest next to larger AR players. Still, it’s one of the few publicly listed AR specialists in Canada and a good option for brands that want to test AR marketing on a budget.

Key ImagineAR Solutions
✔ No-code AR campaign builder
✔ AR SDK for team and league apps
✔ Fan zone and in-stadium AR activations
✔ Revenue-sharing sponsorship models

Best for: Sports teams and brands testing AR marketing on a budget.

How to Choose the Right AR VR Partner in Canada

Start With the Problem

First, know what you’re looking for: training, design review, marketing or entertainment. A firm that’s great at surgical simulation may not be the right fit for a retail AR campaign, so match the partner to the job.

Check Regulatory Experience

If you’re training pilots or surgeons, approvals matter. Make sure the vendor has products cleared by Health Canada, the FDA or aviation authorities. Also ask how it handles patient or flight data.

Look at Real Deployments

Always ask for references, case studies and measurable results. If hospitals, airlines or mining companies are already using a product, that tells you more than a demo video.

Think About Hardware and Scale

Make sure your organization can support the technology. Some tools only need a standalone Quest headset, while others require full simulators or high-end PCs. Plan for device costs, IT support and how many people will train at the same time.

Confirm Financial Stability

The VR industry has seen layoffs and closures in recent years, including at well-known Vancouver studios. Look into a vendor’s history: how long it has been in business, how it is funded and what happens to your content if it cuts back.

Frequently Asked Questions About AR VR Companies in Canada

Which is the largest AR VR company in Canada?

By revenue, CAE is the biggest Canadian company working in immersive simulation, with C$4.9 billion in revenue for fiscal 2026. Most other AR VR companies in Canada are smaller specialists focused on a single industry.

Which Canadian cities lead in AR and VR?

Montreal is strong in simulation. Vancouver and Vancouver Island are known for VR games and mining tech, and Toronto for enterprise training and AR marketing. Ottawa and Saskatoon are home to notable medical VR firms.

Is healthcare a major market for VR in Canada?

Yes. Several companies on this list specialize in the medical space, including PrecisionOS, Realize Medical, Luxsonic, Conquer Experience and Marion Surgical. Their work ranges from surgical training and nurse education to medical imaging and heart procedure planning.

Which company is best for my project?

There’s no single best choice for everyone. Shortlist two or three firms that already serve your industry, ask for a pilot project and compare the results before you sign a long-term contract.

Conclusion

The top AR VR companies in Canada in 2026 range from a C$4.9 billion simulation leader to small medical startups with regulator-cleared products. What they have in common is a focus on solving real problems, from training pilots and nurses to planning heart procedures and finding gold.

The industry has been tough on entertainment studios, but demand for practical, measurable XR tools keeps growing. If you’re choosing among AR VR companies in Canada, start with your use case, check the track record and run a small pilot first.

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