Global InformationCanadian Pacific Railway information
 | This article may be too long to read and navigate comfortably. (October 2022) |
| Chemin de fer Canadien Pacifique | |
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 Canadian Pacific system map (does not include DM&E or CMQ trackage) | |
 CP 8137, a rebuilt GE AC4400CWM, in Chesterton, Indiana | |
| Overview | |
|---|---|
| Parent company | Canadian Pacific Railway Limited |
| Headquarters | Calgary, Alberta, Canada |
| Reporting mark | CP, CPAA, MILW, SOO, DME, ICE, DH |
| Locale | Canada and the United States |
| Dates of operation | 16 February 1881–14 April 2023 |
| Successor | Canadian Pacific Kansas City |
| Technical | |
| Track gauge | 1,435 mm (4 ft 8+1⁄2 in) standard gauge |
| Length | 20,100 kilometres (12,500 mi) |
| Other | |
| Website | cpr |
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 An alternative CP logo, featuring a beaver, Canada's national animal | |
| Company type | Public |
|---|---|
Traded as |
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| Industry | Rail transport |
| Founded | February 16, 1881 |
| Defunct | April 14, 2023 (142 years, 1 month and 29 days) |
| Fate | Merged with Kansas City Southern. |
| Successor | Canadian Pacific Kansas City |
| Headquarters | Calgary, Alberta , Canada |
Area served | Canada Contiguous United States |
Key people | Andrew Reardon (chairman) Keith Creel (president and CEO) |
| Revenue |  CA$7.710 billion (2020) |
Operating income |  CA$3.311 billion (2020) |
Net income | CA$2.444 billion (2020) |
| Total assets | CA$19.221 billion (2020) |
| Total equity | CA$4.626 billion (2020) |
Number of employees | 11,904 (2020) |
| Subsidiaries | List of subsidiary railways of the Canadian Pacific Railway, TTX Company, Dakota, Minnesota and Eastern Railroad, Minneapolis, St. Paul and Sault Ste. Marie Railroad, St. Lawrence and Hudson Railway |
| Website | cpr |
| Footnotes / references [1] | |
The Canadian Pacific Railway (French: Chemin de fer Canadien Pacifique) (reporting marks CP, CPAA, MILW, SOO), also known simply as CPR or Canadian Pacific and formerly as CP Rail (1968–1996), was a Canadian Class I railway incorporated in 1881. The railway was owned by Canadian Pacific Railway Limited, which began operations as legal owner in a corporate restructuring in 2001.[2]
Headquartered in Calgary, Alberta, the railway owned approximately 20,100 kilometres (12,500 mi) of track in seven provinces of Canada and into the United States,[2] stretching from Montreal to Vancouver, and as far north as Edmonton. Its rail network[3] also served Minneapolis–St. Paul, Milwaukee, Detroit, Chicago, and Albany, New York, in the United States.
The railway was first built between eastern Canada and British Columbia between 1881 and 1885 (connecting with Ottawa Valley and Georgian Bay area lines built earlier), fulfilling a commitment extended to British Columbia[4] when it entered Confederation in 1871; the CPR was Canada's first transcontinental railway. Primarily a freight railway, the CPR was for decades the only practical means of long-distance passenger transport in most regions of Canada and was instrumental in the settlement and development of Western Canada. The CPR became one of the largest and most powerful companies in Canada, a position it held as late as 1975.[5]
The company acquired two American lines in 2009: the Dakota, Minnesota and Eastern Railroad (DM&E) and the Iowa, Chicago and Eastern Railroad (IC&E). The trackage of the IC&E was at one time part of CP subsidiary Soo Line and predecessor line The Milwaukee Road. The combined DM&E/IC&E system spanned North Dakota, South Dakota, Minnesota, Wisconsin, Nebraska and Iowa, with two lines stretching into Kansas City, Missouri, and Chicago, Illinois. Also, the company owns the Indiana Harbor Belt Railroad, a Hammond, Indiana-based terminal railroad along with Conrail Shared Assets Operations. CP's ownership of that railroad traces back to the Soo Line's ownership, inherited from the Milwaukee Road.
The CPR is publicly traded on both the Toronto Stock Exchange and the New York Stock Exchange under the ticker CP. Its U.S. headquarters are in Minneapolis.[6] As of March 30, 2023, the largest shareholder of Canadian Pacific stock exchange is TCI Fund Management Limited, a London-based hedge fund that owns 6% of the company.[7]
CP purchased the Kansas City Southern Railway in December 2021 for US$31 billion. On April 14, 2023, the railroads merged to form CPKC, the first and only railroad to directly serve Canada, Mexico and the United States.
- ^ "Annual Report 2020" (PDF). CP Rail. Archived (PDF) from the original on 4 May 2021. Retrieved 8 March 2021.
- ^ a b Canadian Pacific Railway (28 January 2011). "Canadian Pacific trains across North America pause for day of mourning". www8.cpr.ca. Archived from the original on 30 April 2009. Retrieved 4 February 2011.
- ^ Ellinger, Elaine (14 March 2021). "Canadian Pacific Map". ACWR. Retrieved 14 March 2021.
- ^ "Railway History in Canada". 18 June 2020. Retrieved 4 March 2021.
- ^ "The Top 200: Canada's Largest Companies (c. 1973–74)". Western Libraries, University of Western Ontario (6 Side). 2008. Archived from the original on 23 February 2008. Retrieved 8 April 2008.
- ^ "Canadian Pacific's U.S. HQ moves to new digs". Star Tribune. Retrieved 9 May 2016.
- ^ "Canadian Pacific Kansas City Limited (CP) Stock Major Holders - Yahoo Finance". finance.yahoo.com. Retrieved 30 May 2023.