INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - CAD CAD in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Operating activities
Net income	CAD 510	CAD 347	CAD 1,421	CAD 1,215
Reconciliation of net income to cash provided by operating activities:
Depreciation and amortization	162	155	493	478
Deferred income taxes	77	50	168	233
Pension funding in excess of expense	(59)	(26)	(178)	(105)
Foreign exchange (gain) loss on long-term debt	(105)	46	(200)	(153)
Other operating activities, net	(1)	(17)	(88)	(130)
Change in non-cash working capital balances related to operations	(57)	36	(167)	(217)
Cash provided by operating activities	527	591	1,449	1,321
Investing activities
Additions to properties	(319)	(294)	(895)	(902)
Proceeds from sale of properties and other assets	13	16	29	87
Other	0	0	5	(2)
Cash used in investing activities	(306)	(278)	(861)	(817)
Financing activities
Dividends paid	(83)	(75)	(229)	(182)
Issuance of CP Common Shares	2	5	39	14
Purchase of CP Common Shares	(226)	(412)	(368)	(1,200)
Repayment of long-term debt, excluding commercial paper	(3)	(12)	(17)	(30)
Net issuance (repayment) of commercial paper	0	190	0	366
Settlement of forward starting swaps	0	0	(22)	0
Other	0	0	0	(3)
Cash used in financing activities	(310)	(304)	(597)	(1,035)
Effect of foreign currency fluctuations on U.S. dollar-denominated cash and cash equivalents	(7)	2	(13)	(16)
Cash position
Increase (decrease) in cash and cash equivalents	(96)	11	(22)	(547)
Cash and cash equivalents at beginning of period	238	92	164	650
Cash and cash equivalents at end of period	142	103	142	103
Supplemental disclosures of cash flow information:
Income taxes paid	78	17	364	274
Interest paid	CAD 140	CAD 148	CAD 385	CAD 395