Canadian Pacific Railway Surges to 475th in Trading Volume Despite Stock Decline

On April 22, 2025, Canadian Pacific Railway (CP) experienced a significant increase in trading volume, reaching 1.87 billion, a 45.97% rise from the previous day. This surge placed CP at the 475th position in terms of trading volume for the day. However, despite the high trading volume, CP's stock price declined by 0.36%, marking the second consecutive day of losses, with a total decrease of 2.25% over the past two days.

As the federal election campaign in Canada approaches its final days, political leaders are intensifying their efforts to secure votes. Conservative Leader Pierre Poilievre unveiled his party's costed platform in Vaughan, Ontario, outlining plans to reduce the annual deficit to $14.1 billion by 2028-2029 through reduced program spending and increased revenue. The platform includes previously announced policies such as cutting the federal industrial carbon tax and initiatives to build more homes.

Advance polls closed yesterday, with Elections Canada reporting a record turnout on the first day, with over two million people casting their votes. Poilievre spent Monday in Toronto, announcing a homebuilding plan that aims to construct 2.3 million homes over the next five years. Liberal Leader Mark Carney focused on his health-care plan and efforts to address Canada’s shortage of primary-care providers, while NDP Leader Jagmeet Singh promised to cover “essential medicines” by the end of the year as part of an expansion of pharmacare.