Properties (Tables)

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Properties

	2024		2024						2023
As at December 31 (in millions of Canadian dollars except percentages)	Weighted-average annual depreciation rate		Cost		Accumulated depreciation		Net book value		Cost		Accumulated depreciation		Net book value
Track and roadway	2.8	%	$	46,646	$	7,741	$	38,905	$	42,597	$	6,811	$	35,786
Rolling stock	3.7	%	8,723		1,880		6,843		8,125		1,629		6,496
Land	N/A		3,765		—		3,765		3,487		—		3,487
Concession land rights	1.4	%	1,935		45		1,890		1,779		17		1,762
Buildings	2.9	%	1,927		319		1,608		1,732		281		1,451
Other	6.2	%	4,493		1,480		3,013		4,065		1,303		2,762
Total			$	67,489	$	11,465	$	56,024	$	61,785	$	10,041	$	51,744

Concession assets included within each asset group of Properties shown above are as follows:

	2024						2023
As at December 31, 2024 (in millions of Canadian dollars)	Cost		Accumulated depreciation		Net book value		Cost		Accumulated depreciation		Net book value
Track and roadway	$	7,871	$	302	$	7,569	$	7,056	$	99	$	6,957
Concession land rights	1,935		45		1,890		1,779		17		1,762
Buildings	249		20		229		230		7		223
Other	157		9		148		141		4		137
Total	$	10,212	$	376	$	9,836	$	9,206	$	127	$	9,079

Finance lease ROU assets

	2024						2023
As at December 31 (in millions of Canadian dollars)	Cost		Accumulated depreciation		Net book value		Cost		Accumulated depreciation		Net book value
Rolling stock	$	186	$	90	$	96	$	182	$	79	$	103
Other	8		2		6		14		6		8
Total ROU assets held under finance lease	$	194	$	92	$	102	$	196	$	85	$	111