CONSOLIDATED STATEMENTS OF CASH FLOWS CAD in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2016 CAD	Dec. 31, 2015 CAD	Dec. 31, 2014 CAD
Operating activities
Net income	CAD 1,599	CAD 1,352	CAD 1,476
Reconciliation of net income to cash provided by operating activities:
Depreciation and amortization	640	595	552
Deferred income taxes	320	234	354
Pension funding in excess of expense	(138)	(49)	(132)
Foreign exchange (gain) loss on long-term debt	(79)	297	11
Other operating activities, net	(198)	(245)	(14)
Change in non-cash working capital balances related to operations	(55)	275	(124)
Cash provided by operating activities	2,089	2,459	2,123
Investing activities
Additions to properties	(1,182)	(1,522)	(1,449)
Proceeds from sales of property, plant and equipment		281	236
Proceeds from sale of properties and other assets	116	114	52
Other	(3)	4	0
Cash used in investing activities(1)	(1,069)	(1,123)	(1,161)
Financing activities
Dividends paid	(255)	(226)	(244)
Issuance of common shares	21	43	62
Purchase of CP Common shares	(1,210)	(2,787)	(2,050)
Issuance of long-term debt, excluding commercial paper	0	3,411	0
Repayment of long-term debt, excluding commercial paper	(38)	(505)	(183)
Net (repayment) issuance of commercial paper	(8)	(893)	771
Settlement of foreign exchange forward on long-term debt	0	0	17
Other	(3)	0	(3)
Cash used in financing activities	(1,493)	(957)	(1,630)
Effect of foreign currency fluctuations on U.S. dollar-denominated cash and cash equivalents	(13)	45	7
Cash position
(Decrease) increase in cash, cash equivalents, and restricted cash	(486)	424	(661)
Cash, cash equivalents, and restricted cash at beginning of year	650	226	887
Cash, cash equivalents, and restricted cash at end of year	164	650	226
Supplemental disclosures of cash flow information:
Income taxes paid	322	176	226
Interest paid	488	336	309
Dakota Minnesota and Eastern Railroad [Member]
Investing activities
Proceeds from sales of property, plant and equipment	0	0	236
Delaware and Hudson Railway Company [Member]
Investing activities
Proceeds from sales of property, plant and equipment	CAD 0	CAD 281	CAD 0