Sabrine Djaermane and El-Mahdi Jamali, both 18, are charged with possessing explosive substances, attempting to leave the country to commit a terrorist act, and planning a terrorist act under the direction of a terrorist organization.
Both men are students at Collège de Maisonneuve, a CEGEP in Montreal's east end. They have been held in custody since being arrested on April 15.
RCMP said last week that the men were detained over fears they could commit a terrorism-related offence.
Crown prosecutor Lyne Décarie would not release more details about the charges.
The two were arrested last week on suspicion of committing terrorist acts.
The case will be back in court Friday to set a date for a bail hearing.