According to this (can everybody read this, or do you have to be a member?), the first recording of Pachelbel's Canon was by Arthur Fiedler in 1940. This is not the Pachelbel you probably expect; it's fast and astringent and sounds like the contrapuntal exercise that it really is.
Here's a recent historically-informed arrangement of a similar interpretation.
So from whence came the sad and weepy reading we're more used to hearing? From Jean-François Paillard, who slowed down the tempo and added those arpeggiated pizzicatos that really makes it what it's become.