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  5. CNR: Canada and China have reportedly reached a tariff-related trade understanding, what stocks will you suggest to buy? [Canadian National Railway Company]
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Investment Q&A

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Q: Canada and China have reportedly reached a tariff-related trade understanding, what stocks will you suggest to buy?
Asked by kwokwai on January 21, 2026
5i Research Answer:

China is expected to reduce tariffs on major Canadian agricultural exports like canola and other food products, and we think this can benefit NTR. We also think that CP and CNR can benefit due to increased agricultural and manufactured goods flowing through Canadian ports. TSLA can also benefit as it produces a large portion of its vechiles in China, which means some TSLA EVs could see lower duties. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in TSLA.