1037 ET - Canada's two railroads, Canadian Pacific Kansas City and Canadian National Railway, would be exposed in the event of a 25% tariff situation with the U.S., but RBC analysts think CPKC would be the most affected. CPKC has 41% of its revenue tied to cross-border trade, according to RBC. Sustained tariffs, the analysts say, over a longer period of time could derail its growth plans. "Moreover, we see many of the company's Investor Day growth targets as dependent on cross-border trade and therefore flag risk to long-term consensus EPS growth estimates should tariffs at current levels be sustained," the analysts say. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
February 04, 2025 10:37 ET (15:37 GMT)
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