Magnetic materials are the backbone of modern technology—from electric vehicles to medical devices. As industries expand across North America, the demand for high-performance magnets has never been greater.
Whether you’re sourcing neodymium magnets, rare earth elements, or custom magnetic assemblies, this list will guide you through the top magnet manufacturers in Canada in 2025.
List of Top Neodymium Magnet Manufacturers and suppliers in Canada
1. Jobmaster Magnets Canada Inc.
Website: jobmastermagnets.com
Location: Oakville, Ontario
Founded: 1986
Main Products:
- Neodymium Magnets
- Ceramic Magnets
- Rare Earth Magnets
- Flexible Magnets
- Magnetic Assemblies
- Custom Magnet Solutions
Overview:
Jobmaster Magnets is widely recognized as Canada’s largest magnet supplier, offering an inventory of over 1 million products. With over 35 years in the business, they provide custom design, waterjet cutting, metal fabrication, and in-house machining—all within ISO-certified facilities. Industries served include food processing, automotive, robotics, plastics, and renewable energy.
2. MainRich Magnets
Website: mainrichmagnets.com
Location: Major operations in Canada, HQ in China
Founded: 1990s
Main Products:
- Neodymium (NdFeB) Magnets
- Custom Magnetic Assemblies
- Rare Earth Elements
- Motor-Grade Magnets
- Samarium Cobalt (SmCo)
Overview:
MainRich Magnets is a global OEM supplier with substantial operations in Canada, serving industries like robotics, EVs, automation, aerospace, and medical devices. With 30+ years of experience, MainRich specializes in high-tolerance magnet engineering, rapid prototyping, and long-term B2B supply relationships. Their Canadian team ensures responsive local service while leveraging global manufacturing capacity.
Key Strengths:
- Engineering support for custom magnets
- Stable supply of sintered NdFeB even amid global export changes
- Magnet blog with deep technical insights
3. Knights Magnetic Products (Canada) Ltd.
Website: knightsmagnetic.com
Location: Markham, Ontario
Main Products:
- Neodymium, SmCo, Alnico, Ceramic, Flexible Magnets
- Magnetic Assemblies
Overview:
Knights Magnetic Products offers a wide range of permanent magnets sourced from ISO9001/TS16949-certified factories. Known for customer-first customization, they offer robust QA practices and scalable logistics support for North American clients.
4. Simple Signman
Website: simplesignman.ca
Location: St-Hyacinthe, Quebec
Founded: 1969
Main Products:
- Flexible Magnetic Sheets
- Rubber-Coated & Printable Magnets
- Neodymium Magnets
Overview:
Originally a sign company, Simple Signman now supplies custom magnetic sheets and eco-friendly materials for signage and marketing. Their partnerships with Canon and HP make them ideal for commercial printing applications.
5. Magfine Corporation
Website: magfine.ca
Location: Markham, Ontario
Founded: 1986
Main Products:
- Hook, Ring, Cube, Disk Magnets
- Waterproof & Self-Adhesive Magnets
Overview:
Magfine offers a diverse catalog with both consumer and industrial-grade solutions. Their fast delivery and expertise in protective coatings make them a favorite for clients requiring corrosion resistance and specialty magnet types.
6. HEFA Rare Earth
Website: baotou-rareearth.com
Location: Richmond, BC
Main Products:
- Rare Earth Metals (Nd, Dy, Tb, etc.)
- Rare Earth Salts and Oxides
Overview:
HEFA is the Canadian arm of one of China’s leading rare earth exporters. Their ISO-certified processing facilities offer Canadian clients direct access to raw rare earth materials for permanent magnet production.
7. First4Magnets
Website: first4magnets.com
Location: Vaughan, Ontario
Founded: 2003
Main Products:
- Neodymium Magnets
- Magnetic Tapes & Sheets
- Custom Magnetic Solutions
Overview:
First4Magnets is a leading magnet supplier known for its technical support library, educational tools, and consumer-friendly interface. They cater to both industrial and DIY markets.
8. Saskatchewan Research Council (SRC)
Website: src.sk.ca
Location: Saskatoon, Saskatchewan
Founded: Commercial ops began 2024
Main Products:
- NdPr, Dy, Tb Oxides
- Magnet-Grade Rare Earths
Overview:
SRC runs North America’s first commercial-scale rare earth metals facility, aimed at reducing dependency on imported materials. Backed by over $80M in federal and provincial investment, it’s a key player in Canada’s rare earth value chain.
9. Torngat Metals – Strange Lake Project
Website: torngatmetals.com
Location: Quebec/Labrador (Launching 2028)
Main Products:
- Dysprosium, Terbium Oxides
- Separated Rare Earth Elements
Overview:
Torngat is building a domestic REE separation plant to process critical magnet materials like Dy and Tb. The project has received over CA$165M in infrastructure funding and will play a pivotal role in EV and defense supply chains.
10. Magnet Montreal
Website: magnetmontreal.com
Location: Montreal, Quebec
Founded: 2010
Main Products:
- Neodymium Magnets
- Commercial Custom Magnets
Overview:
Magnet Montreal focuses on accessible online ordering and custom magnet services for small businesses and local projects. A solid local provider with reliable customer service.
Canada Magnet Supply — Buyer FAQ
1) What are the top neodymium magnet suppliers in Canada?
2) What certifications should I request?
- ISO 9001
- IATF 16949 (vehicle-grade magnets)
- RoHS / REACH
- Internal material traceability
- Flux density inspection reports
3) Who offers custom magnet solutions in Canada?
4) Can I order small-batch or custom magnets for prototypes?
Yes. Companies like Mainrich Magnets, Simple Signman, and First4Magnets offer services for prototyping, small orders, and fully customized assemblies.
5) How do I choose the right magnet manufacturer for my project?
Consider factors like material expertise, custom engineering capability, compliance requirements, lead time, U.S. support presence, and production scale.
For more info, check out this magnet buyers bible
Conclusion
Canada’s magnet manufacturing landscape is vibrant and diverse—from legacy providers like Jobmaster to modern innovators like SRC and MainRich Magnets, which bridges global supply with local engineering.
If you’re a B2B buyer, engineer, or procurement lead looking for magnet sourcing options, consider MainRich for scalable and cost-effective custom solutions.
