INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Operating activities
Net income	$ 436	$ 480	$ 784	$ 911
Reconciliation of net income to cash provided by operating activities:
Depreciation and amortization	172	165	342	331
Deferred income taxes	37	24	78	91
Pension funding in excess of expense	(82)	(59)	(154)	(119)
Foreign exchange loss (gain) on long-term debt	44	(67)	93	(95)
Settlement of forward starting swaps on debt issuance	(24)	0	(24)	0
Other operating activities, net	4	(2)	(17)	(87)
Change in non-cash working capital balances related to operations	124	70	6	(110)
Cash provided by operating activities	711	611	1,108	922
Investing activities
Additions to properties	(413)	(346)	(654)	(576)
Proceeds from sale of properties and other assets	5	13	9	16
Other investing activities	0	0	(1)	5
Cash used in investing activities	(408)	(333)	(646)	(555)
Financing activities
Dividends paid	(81)	(73)	(163)	(146)
Issuance of CP Common Shares	4	9	12	37
Purchase of CP Common Shares	(261)	(142)	(559)	(142)
Issuance of long-term debt, excluding commercial paper	638	0	638	0
Repayment of long-term debt, excluding commercial paper	(734)	(9)	(739)	(14)
Proceeds from issuance of commercial paper	53	0	53	0
Settlement of forward starting swaps on de-designation	0	(22)	0	(22)
Cash (used in) provided by financing activities	(381)	(237)	(758)	(287)
Effect of foreign currency fluctuations on U.S. dollar-denominated cash and cash equivalents	4	(4)	9	(6)
Cash position
(Decrease) increase in cash and cash equivalents	(74)	37	(287)	74
Cash and cash equivalents at beginning of period	125	201	338	164
Cash and cash equivalents at end of period	51	238	51	238
Supplemental disclosures of cash flow information:
Income taxes paid	52	116	156	286
Interest paid	$ 90	$ 95	$ 233	$ 245