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  5. CNR: Between CN and TFII which one in your opinion would provide the best return over gather next 5 years? [Canadian National Railway Company]
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Q: Between CN and TFII which one in your opinion would provide the best return over gather next 5 years?
Asked by Terry on July 24, 2025
5i Research Answer:

From a depressed valuation, and assuming an economic recovery (post tariffs, post Trump, lower rates) we would side with TFII today.