INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS - CAD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating activities
Net income	$ 774	$ 800
Reconciliation of net income to cash provided by operating activities:
Depreciation and amortization (Note 8)	467	225
Deferred income tax expense (Note 4)	17	24
Pension recovery and funding (Note 12)	(76)	(77)
Equity earnings of Kansas City Southern (Note 8, 9)	0	(204)
Dividend from Kansas City Southern (Note 9)	0	300
Settlement of foreign currency forward contracts (Note 11)	(65)	0
Other operating activities, net	1	(47)
Changes in non-cash working capital balances related to operations	(103)	(140)
Net cash provided by operating activities	1,015	881
Investing activities
Additions to properties	(527)	(405)
Additions to Meridian Speedway properties	(4)	0
Proceeds from sale of properties and other assets	1	4
Other investing activities, net	(12)	0
Net cash used in investing activities	(542)	(401)
Financing activities
Dividends paid	(177)	(177)
Issuance of Common Shares	22	18
Repayment of long-term debt, excluding commercial paper (Note 10)	(71)	(486)
Net repayment of commercial paper (Note 10)	(205)	0
Net cash used in financing activities	(431)	(645)
Effect of foreign currency fluctuations on foreign-denominated cash and cash equivalents	13	4
Cash position
Net increase (decrease) in cash and cash equivalents	55	(161)
Cash and cash equivalents at beginning of period	464	451
Cash and cash equivalents at end of period	519	290
Supplemental cash flow information
Income taxes paid	242	184
Interest paid	$ 245	$ 147