Reported 1 day ago
TFI International Inc., a Canadian trucking firm, announced plans to relocate its headquarters to the US, which has drawn criticism from its major shareholder, the Caisse de Depot et Placement du Quebec. The pension fund, holding over 4% of TFI, expressed dissatisfaction over the lack of communication regarding the move, emphasizing its commitment to Quebec's interests as a shareholder. The shift comes as TFI seeks to align with its predominantly US operations, despite recent underperformance in its stock.
Source: YAHOO