INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Operating activities
Net income	$ 1,234	$ 903	$ 2,143	$ 1,677
Reconciliation of net income to cash provided by operating activities:
Depreciation and amortization	493	473	997	940
Deferred income tax expense	9	18	35	35
Pension recovery and funding (Note 12)	(95)	(75)	(190)	(151)
Gain on sale of equity investment (Note 4)	(333)	0	(333)	0
Settlement of Mexican taxes (Note 5)	(1)	0	(12)	0
Settlement of foreign currency forward contracts (Note 10)	0	0	0	(65)
Other operating activities, net	39	(69)	28	(68)
Changes in non-cash working capital balances related to operations	9	28	(157)	(75)
Net cash provided by operating activities	1,355	1,278	2,511	2,293
Investing activities
Additions to properties	(743)	(808)	(1,454)	(1,335)
Additions to Meridian Speedway properties	(12)	(16)	(24)	(20)
Proceeds from sale of properties and other assets	4	9	15	10
Proceeds from sale of equity investment (Note 4)	493	0	493	0
Other investing activities, net	(48)	33	(51)	21
Net cash used in investing activities	(306)	(782)	(1,021)	(1,324)
Financing activities
Dividends paid	(210)	(178)	(387)	(355)
Issuance of Common Shares	30	20	38	42
Purchase of Common Shares (Note 11)	(1,393)	0	(1,740)	0
Repayment of long-term debt, excluding commercial paper (Note 9)	(5)	(149)	(940)	(220)
Issuance of long-term debt, excluding commercial paper (Note 9)	1,392	0	3,102	0
Net repayment of commercial paper (Note 9)	(722)	(157)	(1,175)	(362)
Net issuance (repayment) of short term borrowings (Note 9)	8	0	(277)	0
Other financing activities, net	(1)	0	(6)	0
Net cash used in financing activities	(901)	(464)	(1,385)	(895)
Effect of foreign currency fluctuations on foreign-denominated cash and cash equivalents	(44)	6	(45)	19
Cash position
Net increase in cash and cash equivalents	104	38	60	93
Cash and cash equivalents at beginning of period	695	519	739	464
Cash and cash equivalents at end of period	799	557	799	557
Supplemental cash flow information
Income taxes paid	409	309	646	551
Interest paid	$ 234	$ 161	$ 414	$ 406