18:55:27 EDT Sat 05 Jul 2025
Enter Symbol
or Name
USA
CA



TFI International Inc
Symbol TFII
Shares Issued 83,473,759
Close 2025-05-15 C$ 126.24
Market Cap C$ 10,537,727,336
Recent Sedar Documents

Globe says TFI Int'l sees big Que. aluminum investment

2025-05-16 09:10 ET - In the News

The Globe and Mail reports in its Friday edition that mining giant Rio Tinto PLC will spend up to $1.7-billion to modernize a key power plant in Quebec, a major investment in its Canadian aluminum production at a time when U.S. President Donald Trump is pushing companies to make more metal in the United States. The Globe's Nicolas Van Praet writes that the British-Australian miner said Thursday it will launch a seven-year project to upgrade its Isle-Maligne hydroelectric generating plant, a 99-year-old facility in Alma, Que., that feeds power to its aluminum smelters in the region. The company said it is the largest single investment in its hydroelectric assets since the 1950s. The Trump administration imposed tariffs of 25 per cent on imports of aluminum and steel in March, including from Canada, in a bid to boost domestic production. The duties apply to raw steel and aluminum and to finished metal goods such as cans and barbecue grills. The levies have already started to bite Canadian companies making aluminum products, forcing some to curtail production and cut their factory employees' work hours. Shipments of raw aluminum, however, are still going strong, according to Montreal trucking company TFI International.

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