INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - CAD CAD in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Operating activities
Net income	CAD 480	CAD 328	CAD 911	CAD 868
Reconciliation of net income to cash provided by operating activities:
Depreciation and amortization	165	161	331	323
Deferred income taxes	24	90	91	183
Pension funding in excess of expense	(59)	(37)	(119)	(79)
Foreign exchange loss (gain) on long-term debt	(67)	(18)	(95)	(199)
Other operating activities, net	(2)	(47)	(87)	(113)
Change in non-cash working capital balances related to operations	70	35	(110)	(253)
Cash provided by operating activities	611	512	922	730
Investing activities
Additions to properties	(346)	(330)	(576)	(608)
Proceeds from sale of properties and other assets	13	11	16	71
Other	0	(2)	5	(2)
Cash used in investing activities	(333)	(321)	(555)	(539)
Financing activities
Dividends paid	(73)	(53)	(146)	(107)
Issuance of CP Common Shares	9	4	37	9
Purchase of CP Common Shares	(142)	(788)	(142)	(788)
Repayment of long-term debt, excluding commercial paper	(9)	(7)	(14)	(18)
Net issuance (repayment) of commercial paper	0	176	0	176
Settlement of forward starting swaps	(22)	0	(22)	0
Other	0	(1)	0	(3)
Cash used in financing activities	(237)	(669)	(287)	(731)
Effect of foreign currency fluctuations on U.S. dollar-denominated cash and cash equivalents	(4)	(1)	(6)	(18)
Cash position
Increase (decrease) in cash and cash equivalents	37	(479)	74	(558)
Cash and cash equivalents at beginning of period	201	571	164	650
Cash and cash equivalents at end of period	238	92	238	92
Supplemental disclosures of cash flow information:
Income taxes paid	116	65	286	257
Interest paid	CAD 95	CAD 92	CAD 245	CAD 247