TFI International Inc (TFII), a logistics firm, saw its stock soar 5.22% during the Tuesday trading session. The surge comes amidst heightened geopolitical tensions between the U.S. and Canada, as well as the company's recent reversal on its plan to relocate its headquarters from Montreal to the United States.

The decision to keep TFI International's headquarters in Montreal was reportedly influenced by shareholder feedback, notably from Quebec's prominent pension fund, Caisse de Depot et Placement. The initial plan to relocate to the U.S. faced stiff opposition in the midst of renewed Canadian patriotism, fueled by the U.S. President's tariff threats and repeated calls to make Canada the 51st state.

Analysts view TFI International's sudden reversal as a cautionary tale for Canadian companies navigating the increasingly complex geopolitical landscape. The logistics firm's change of course highlights the challenges businesses face in balancing strategic decisions with growing public sentiment and political pressures.