HCAL.TO is trading at CA$50.91 (+3.12%) as a broad post-election risk-on rally lifts Canadian equities. - Democrats took control of both U.S. congressional chambers, easing uncertainty. - The S&P/TSX Capped Financial Index rose 1.90%, with financials among the stronger sectors. - RBC, TD, BMO, Scotiabank and CIBC shares also advanced, supporting HCAL’s bank-sector exposure; the evidence does not establish a separate HCAL-specific catalyst.