CP dividend history
Canadian Pacific Kansas City Limited (CP) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- CPKC increases dividend by 17.5 percentCALGARY, AB, April 28, 2026 /CNW/ - The Board of Directors of Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) (CPKC) today declared a quarterly dividend of $0.268 per share on the outstanding Common Shares, an increase of 17.5 percent to the previous dividend of $0.228 per share."We are pleased to announce an increase to our dividend as part of our ongoing commitment to returning cash to our shareholders," said Keith Creel, CPKC President and Chief Executive Officer. "In the three years since our historic combination, CPKC has successfully demonstrated the power of our unique network, the resiliency of our operating model, and our dedication to creating value for our shareholders."Th
- CPKC publishes update on low carbon transition strategyCALGARY, AB, March 23, 2026 /CNW/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) today published its Climate Insights report, an overview of CPKC's climate governance and strategic approach to climate change. CPKC also published its second Climate Mileposts report, providing an update on CPKC's progress toward lower carbon freight rail and stronger network resilience. "These reports showcase CPKC's dedication to responsible growth and leadership in climate action, reflecting our vision for a more sustainable rail network across North America through innovation and environmental stewardship," said Keith Creel, CPKC President and Chief Executive Officer.The newly released Climate In
- CPKC announces US $1.2 billion debt offeringCALGARY, AB, March 4, 2026 /CNW/ - Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) ("CPKC") announced that its wholly-owned subsidiary, Canadian Pacific Railway Company, is issuing US $600 million of 4.000% Notes due 2029 and US $600 million of 5.500% Notes due 2056, which will be guaranteed by CPKC.The offering is expected to close on March 6, 2026, subject to the satisfaction of customary closing conditions.The net proceeds from the offering will be used primarily for the refinancing of outstanding indebtedness and for general corporate purposes. Until utilized for such purposes, the net proceeds may be invested in short term investment grade securities or bank deposits.The joint a
- CPKC announces TSX acceptance of early renewal of share repurchase programCALGARY, AB, Jan. 28, 2026 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) ("CPKC") announced today that the Toronto Stock Exchange ("TSX") has accepted its notice of intention to implement an early renewal of its normal course issuer bid (the "2026 NCIB"). Under the 2026 NCIB, CPKC will be permitted to purchase for cancellation, up to 82,214,163 common shares in the capital of CPKC, or approximately 9 percent of its public float of common shares, less the 37,348,539 common shares purchased under the 2025 NCIB (as defined below), subject to normal terms and limitations of such bids for net new purchases of up to 44,865,624 common shares (representing approximately 5% of the 89
- Canadian Pacific Kansas City Limited declares dividendCALGARY, AB, Jan. 28, 2026 /PRNewswire/ - The Board of Directors of Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) (CPKC) today declared a quarterly dividend of $0.228 per share on the outstanding Common Shares. The dividend is payable on April 27, 2026, to holders of record at the close of business on March 27, 2026, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About CPKCWith its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada t
- Canadian Pacific Kansas City Limited declares dividendCALGARY, AB, Oct. 29, 2025 /PRNewswire/ - The Board of Directors of Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) (CPKC) today declared a quarterly dividend of $0.228 per share on the outstanding Common Shares. The dividend is payable on January 26, 2026, to holders of record at the close of business on December 31, 2025, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About CPKC With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Ca
- CPKC: Further rail consolidation not necessaryCALGARY, AB, Aug. 26, 2025 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) said today that the company is not interested in participating in immediate rail industry consolidation, despite the suggestions by some that it take part. CPKC does not believe that further rail consolidation is necessary for the industry as currently structured. The company remains focused on delivering more of the benefits and unique value-creating opportunities of its three-nation network, which connects shippers in all parts of North America via effective interline service options.
- Canadian Pacific Kansas City Limited declares dividendCALGARY, AB, July 30, 2025 /PRNewswire/ - The Board of Directors of Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) (CPKC) today declared a quarterly dividend of $0.228 per share on the outstanding Common Shares. The dividend is payable on October 27, 2025, to holders of record at the close of business on September 26, 2025, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About CPKC With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic C
- CPKC, CSX create faster freight solutions with Southeast Mexico ExpressDirect Class I connection brings new competition, links U.S Southeast to Texas and Mexico markets CALGARY, AB, July 21, 2025 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) and CSX Corporation (NASDAQ:CSX) (CSX) have created a new rail transportation routing option for customers across the southern U.S. with the Southeast Mexico Express (SMX), the new east-west Class 1 corridor that connects shippers in Mexico, Texas and U.S. southeast. Officially launched on Dec. 1, 2024, the SMX is already providing automotive, intermodal and carload customers with faster transit times, greater capacity, and environmentally sustainable rail solutions. "The Southeast Mexico Express ha
- CPKC announces C$1.4 billion debt offeringThe shelf prospectus supplement, the corresponding base shelf prospectus and any amendment to the documents is accessible through SEDAR+ CALGARY, AB, June 11, 2025 /PRNewswire/ - Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) ("CPKC") announces that its wholly- owned subsidiary, Canadian Pacific Railway Company ("CPRC"), is issuing C$500 million of 4.00% Notes due 2032, C$600 million of 4.40% Notes due 2036 and C$300 million of 4.80% Notes due 2055, which will be guaranteed by CPKC (the "Offering"). The transaction is expected to close on June 13, 2025, subject to the satisfaction of customary closing conditions. The net proceeds from this Offering will be used to refinance CPRC's o
- CPKC Increases Dividend By 20 PercentCALGARY, AB, April 29, 2025 /PRNewswire/ - The Board of Directors of Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) (CPKC) today declared a quarterly dividend of $0.228 per share on the outstanding Common Shares, an increase of 20 percent to the previous dividend of $0.19 per share. "We are pleased to announce an increase to our dividend as part of our ongoing commitment to returning cash to our shareholders and having delivered on our commitments to repay debt following the transformational combination of Canadian Pacific and Kansas City Southern into CPKC," said Kei
- CPKC announces US $1.2 billion debt offeringCALGARY, AB, March 12, 2025 /PRNewswire/ - Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) ("CPKC") announced that its wholly-owned subsidiary, Canadian Pacific Railway Company, is issuing US$600 million of 4.800% Notes due 2030 and US$600 million of 5.200% Notes due 2035, which will be guaranteed by CPKC. The offering is expected to close on March 17, 2025, subject to the satisfaction of customary closing conditions. The net proceeds from the offering will be used primarily for the refinancing of outstanding indebtedness and for general corporate purposes. Until utilized for such purposes, the net proceeds may be invested in short term investment grade securities or bank deposits.
- CPKC announces TSX acceptance of new share repurchase programCALGARY, AB, Feb. 27, 2025 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) ("CPKC") announced today that the Toronto Stock Exchange ("TSX") has accepted its notice of intention to implement a normal course issuer bid ("NCIB") to purchase, for cancellation, up to 37,348,539 common shares in the capital of CPKC or approximately four percent of CPKC's common shares issued and outstanding as at February 18, 2025. The NCIB is expected to commence on March 3, 2025 and is due to terminate on March 2, 2026. "Having delivered on our commitments to strengthen our balance sheet and reduce leverage following the transformational combination of Canadian Pacific and Kansas City Southern int
- Canadian Pacific Kansas City Limited declares dividendCALGARY, AB, Jan. 29, 2025 /PRNewswire/ - The Board of Directors of Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) (CPKC) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares. The dividend is payable on April 28, 2025, to holders of record at the close of business on March 28, 2025, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About CPKC With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada t
- Canadian Pacific Kansas City Limited declares dividendCALGARY, AB, Oct. 23, 2024 /PRNewswire/ - The Board of Directors of Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) (CPKC) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares. The dividend is payable on Jan. 27, 2025, to holders of record at the close of business on Dec. 27, 2024, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About CPKC With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway lin
- Canadian Pacific Kansas City Limited declares dividendCALGARY, AB , July 29, 2024 /PRNewswire/ - The Board of Directors of Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) (CPKC) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares. The dividend is payable on Oct. 28, 2024, to holders of record at the close of business on Sept. 27, 2024, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About CPKCWith its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway li
- Canadian Pacific Kansas City Limited declares dividendCALGARY, AB, April 23, 2024 /PRNewswire/ - The Board of Directors of Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) (CPKC) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares. The dividend is payable on July 29, 2024, to holders of record at the close of business on June 28, 2024, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About CPKCWith its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to
- CPKC announces departure of Executive Vice President and Chief Transformation OfficerCALGARY, AB, March 20, 2024 /PRNewswire/ - Today, Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) announced the departure of John Orr, Executive Vice President and Chief Transformation Officer. Mr. Orr will be joining Norfolk Southern as their Chief Operating Officer. "On behalf of the Board of Directors and the CPKC family I would like to thank John for his contributions and impactful leadership," said CPKC President and Chief Executive Officer Keith Creel. "I have had the pleasure to serve and lead with John directly or indirectly for over the last two decades. His strong operating acumen and leadership capabilities has enabled him to build a strong team currently leading our CPKC
- Canadian Pacific Kansas City Limited declares dividendCALGARY, AB, Jan. 30, 2024 /PRNewswire/ - The Board of Directors of Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) (CPKC) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares. The dividend is payable on April 29, 2024, to holders of record at the close of business on March 28, 2024, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About CPKCWith its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada t
- CPKC statement on Mexican Federal Government draft decree on passenger serviceCALGARY, BC, Nov. 17, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) today issued the following statement on the draft decree concerning passenger rail service in Mexico issued by the Mexican Federal Government: CPKC is reviewing the draft decree and remains directly engaged with the Mexican Federal Government regarding potential passenger rail service on certain existing freight rail corridors. CPKC de México has previously reached an agreement with the Mexican Federal Government to perform a study of what is required for the proposed new passenger rail service on the right of way of the corridor between Mexico City and Querétaro. The draft decree, which is expe
- CPKC publishes annual Grain Service Outlook ReportCALGARY, AB, July 31, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) today published its 2023-2024 Grain Service Outlook Report, which outlines the company's plan to safely and reliably transport Canada's grain crop for export to international markets. "As we look toward the upcoming 2023-2024 crop year, CPKC is once again well prepared to move Canada's grain crop to market, just as we have throughout our 142-year history," said Keith Creel, CPKC President and CEO. "We have the capacity and the team to deliver for our grain customers and the Canadian economy during the upcoming crop year." The report outlines CPKC's strong commitment to our grain customers and uni
- Canadian Pacific Kansas City Limited declares dividendCALGARY, AB, July 27, 2023 /PRNewswire/ - The Board of Directors of Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) (CPKC) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares. The dividend is payable on Oct. 30, 2023 to holders of record at the close of business on Sept. 29, 2023, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About CPKCWith its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to t
- CPKC to outline unique advantages of combined network and growth outlook at 2023 Investor Day; provides multi-year guidanceCALGARY, AB, June 28, 2023 /PRNewswire/ - As part of its 2023 Investor Day, Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) today issued new multi-year guidance and unveiled the next chapter in its long-term growth strategy as the only single-line railroad that connects a continent. Strategy to execute on the advantages of the new combined network At Investor Day, hosted at Union Station in Kansas City, members of CPKC's industry-leading senior executive team will share how CPKC is primed to execute on the advantages of the new combined North American network to drive multi-year, long-term profitable growth, bring increased environmental benefits and deliver superior service and fina
- Railroads reach agreement to create new direct connection and corridor linking Mexico, Texas and the U.S. SoutheastCALGARY, Alberta and JACKSONVILLE, Fla., June 28, 2023 (GLOBE NEWSWIRE) -- Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC), CSX Corporation (NASDAQ:CSX) (CSX) and Genesee & Wyoming Inc. (G&W) today announced they have reached agreements that when completed will create a new direct CPKC-CSX interchange connection in Alabama. As part of the series of proposed transactions, CPKC and CSX would each acquire or operate portions of Meridian & Bigbee Railroad, L.L.C. (MNBR), a G&W-owned railway in Mississippi and Alabama, to establish a new freight corridor for shippers that connects Mexico, Texas and the U.S. Southeast. "This strategic acquisition will bring more shipping options to inte
- Richardson announces plans to expand eight elevators in Canada on the CPKC networkCALGARY, AB and WINNIPEG, MB, June 26, 2023 /PRNewswire/ - Richardson International Limited (Richardson) and Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) announced today that Richardson plans to expand eight CPKC-served elevators in western Canada, allowing future trains to be moved from these sites under CPKC's 8,500-foot High Efficiency Product (HEP) model. Work on the elevators in Manitoba, Saskatchewan and Alberta will start in the summer of 2023 and be complete by the end of 2024. "Richardson is committed to Canadian farmers and providing growers with modern, high-efficiency facilities and services," said Darwin Sobkow, Richardson's President and Chief Operations Officer. "Exp
- CPKC and Americold establish strategic collaboration to optimize temperature-controlled logistics across North AmericaCALGARY, AB, June 21, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) and Americold Realty Trust, Inc. (NYSE:COLD) today announced a strategic collaboration to co-locate Americold warehouse facilities on the CPKC network. Anchored by rail transportation service, the intent is to build the first facility in Kansas City, Mo. to bring together cold storage and value-added-services with expedited intermodal transportation solutions connecting key U.S. Midwest and Mexico markets. "CPKC is pleased to collaborate with Americold to provide innovative solutions for our customers throughout North America with this Kansas City facility, the first of many we intend to build in
- CPKC adds 1,000 reefers to expanding MMX serviceCALGARY, AB, May 30, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) today announced the addition of 1,000 new, 53-foot, refrigerated intermodal containers to its network, more than doubling CPKC's existing fleet and bringing more shipping options to customers using the expanding Mexico Midwest Express (MMX) Series premium intermodal service. MMX is North America's first single-line rail service offering for refrigerated shippers from the Midwest to Mexico, a market currently served by trucks. Single-line haul efficiencies, combined with seamless crossborder service, make CPKC intermodal transit times competitive with over the road trucks. Converting trucks to rail
- CPKC launches Mexico Midwest Express premium intermodal serviceNew single-line haul delivers fastest service in the market CALGARY, AB, May 11, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) today launched the Mexico Midwest Express (MMX) Series premium intermodal service bringing customers the first truck-competitive, single-line rail service option between the Midwest and Mexico. As the only dedicated intermodal trains operating daily between the U.S. Midwest and Mexico, the MMX Series provides the fastest transit times in the rail industry with seamless, expanded reach to more markets. "The Mexico Midwest Express offers truly best-in-class service and represents the growth potential of providing truck-competitive service a
- Teck and CPKC announce long-term rail agreementCALGARY, AB and VANCOUVER, BC, May 4, 2023 /PRNewswire/ - Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) ("CPKC") and Teck Resources Limited (TSX:TECK) (TSX:TECK) (NYSE:TECK) ("Teck") announced today that CPKC and Teck Coal Limited have entered into a long-term rail agreement for the transportation of steelmaking coal from Teck's four operations in southeastern B.C. The agreement builds on existing services in place and runs until the end of 2026. In support of building green transportation corridors and as a shared commitment to sustainability, CPKC and Teck intend to collaboratively develop a unique pilot program that integrates the use of CPKC's hydrogen locomotives into Teck's s
- Canadian Pacific Kansas City Limited declares dividendCALGARY, AB, April 26, 2023 /PRNewswire/ - The Board of Directors of Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares. The dividend is payable on July 31, 2023 to holders of record at the close of business on June 30 2023, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About CPKCWith its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf
- CPKC and Knight-Swift announce multi-year agreementCALGARY and PHOENIX, April 25, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) and Knight-Swift Transportation Holdings Inc. (NYSE:KNX) announced today a new multi-year agreement to provide truckload intermodal transportation service on CPKC's new single-line north-south corridor connecting Mexico, the United States and Canada. Knight-Swift is one of North America's largest and most diversified freight transportation companies, providing multiple truckload transportation and logistics services. "This agreement creates compelling new transportation solutions for Knight-Swift's current and future customers looking for optionality and increased capacity in their suppl
- CPKC announces multi-year agreement with SchneiderCALGARY, AB, April 21, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) today announced a new multi-year agreement with Schneider National Inc., a premier multimodal provider of transportation, intermodal and logistics services, to provide new single-line intermodal transportation service on CPKC's north-south corridor connecting the United States and Mexico. "The CPKC combination creates compelling new transportation solutions for Schneider's current and future customers looking for more reliability and increased capacity in their supply chains," said Keith Creel, CPKC President and Chief Executive Officer. "Our team is eager to deliver truck-competitive services
- Canadian Pacific and Kansas City Southern combine to create CPKCCPKC becomes the first and only single-line railway connecting Canada, the U.S. and Mexico CALGARY, AB, April 14, 2023 /PRNewswire/ - Canadian Pacific ("CP") and Kansas City Southern ("KCS") today combined to create Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) ("CPKC"), as authorized by the U.S. Surface Transportation Board's ("STB") March 15, 2023 final decision, creating the first single-line railway connecting Canada, the U.S., and Mexico. "Today, we celebrate this historic combination creating a truly unique single-line rail network that begins a new chapter of railroad history in North America," said CPKC President and Chief Executive Officer Keith Creel. "As we mark this once-in-a-l
- Canadian Pacific announces results of early tenders of Kansas City Southern notesCALGARY, AB, April 3, 2023 /PRNewswire/ - Canadian Pacific (TSX:CP) (NYSE:CP) today announced that as of 5:00 p.m. ET on March 31, 2023 (the "Early Participation Date"), the aggregate principal amounts listed below of seven series of notes, each issued by Kansas City Southern ("KCS", and such notes, the "Old Notes"), had been validly tendered and not validly withdrawn in connection with Canadian Pacific's previously announced offers to exchange all validly tendered (and not validly withdrawn) and accepted Old Notes for notes to be issued by Canadian Pacific Railway Company ("CPRC", and such notes, the "CPRC Notes"), a subsidiary of Canadian Pacific Railway Limited, a Canadian corporation ("
- Canadian Pacific commences offers to exchange and consent solicitations for seven series of Kansas City Southern notes for new Canadian Pacific Railway Company notesCALGARY, AB, March 20, 2023 /PRNewswire/ - Canadian Pacific (TSX:CP) (NYSE:CP) today announced the commencement of offers to exchange any and all validly tendered (and not validly withdrawn) and accepted notes of seven series, each previously issued by Kansas City Southern ("KCS" and such notes, the "Old Notes"), for notes to be issued by Canadian Pacific Railway Company ("CPRC" and such notes, the "CPRC Notes"), a subsidiary of Canadian Pacific Railway Limited, a Canadian corporation ("CPRL", and, together with CPRC, "Canadian Pacific") and to be unconditionally guaranteed on an unsecured basis by CPRL, as described in the table below. A Registration Statement on Form F-4 (the "Registration
- CP sets date for combination with KCS, announces CPKC executive leadership teamCanadian Pacific and Kansas City Southern to combine April 14 to create CPKC, the first and only single-line railway connecting the U.S., Mexico and Canada CALGARY, AB, March 17, 2023 /CNW/ - Canadian Pacific (TSX:CP) (NYSE:CP) ("CP") said today that, on April 14, 2023, it will exercise the authority granted by the U.S. Surface Transportation Board's ("STB") March 15 final decision and combine with Kansas City Southern ("KCS") to create Canadian Pacific Kansas City, the first and only single-line railway connecting the U.S., Mexico and Canada. CP today also announced the executive leadership team that will lead CPKC. "Our new combined railroad will create a truly unique single-line network
- Canadian Pacific and Kansas City Southern Combination Approved by U.S. Surface Transportation BoardCP reviewing details of 212-page decision authorizing control of KCS on or after April 14 Canadian Pacific (TSX:CP) (NYSE:CP) ("CP") and Kansas City Southern ("KCS") said today the U.S. Surface Transportation Board ("STB") issued a decision approving the CP and KCS joint merger application, subject to certain conditions, thereby authorizing the two railways to combine to form Canadian Pacific Kansas City ("CPKC"), the first single-line railway connecting the U.S., Mexico and Canada. The decision authorizes CP to exercise control of KCS as early as April 14, 2023, at or after which point CP and KCS would combine to create the new CPKC. CP is reviewing the full 212-page decision in detail a
- Canadian Pacific and Kansas City Southern combination approved by U.S. Surface Transportation BoardCP reviewing details of 212-page decision authorizing control of KCS on or after April 14 CALGARY, AB and KANSAS CITY, MO, March 15, 2023 /PRNewswire/ - Canadian Pacific (TSX:CP) (NYSE:CP) ("CP") and Kansas City Southern ("KCS") said today the U.S. Surface Transportation Board ("STB") issued a decision approving the CP and KCS joint merger application, subject to certain conditions, thereby authorizing the two railways to combine to form Canadian Pacific Kansas City ("CPKC"), the first single-line railway connecting the U.S., Mexico and Canada. The decision authorizes CP to exercise control of KCS as early as April 14, 2023, at or after which point CP and KCS would combine to create the new
- CP announces ratification of new collective agreement with BLET in U.S. MidwestCALGARY, AB, March 7, 2023 /PRNewswire/ - Canadian Pacific (NYSE:CP) (TSX:CP) ("CP") announced today the ratification of a new collective agreement with the Brotherhood of Locomotive Engineers and Trainmen representing hundreds of CP and Kansas City Southern ("KCS") locomotive engineers and trainmen in U.S. Midwest locations, which will take effect upon the consummation of the proposed CP-KCS combination, which remains subject to receipt of regulatory approval by the U.S. Surface Transportation Board ("STB"). The new collective agreement includes CP employees on the Dakota, Minnesota & Eastern ("DM&E") South territory in Iowa, Illinois, Missouri and Minnesota, as well as KCS employees in Kan
- Canadian Pacific Railway Limited declares dividendCALGARY, AB, Jan. 31, 2023 /PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX:CP) (NYSE:CP) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares. The dividend is payable on April 24, 2023, to holders of record at the close of business on March 31, 2023, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About Canadian PacificCanadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides North American customers a competitive rail service with access to key markets in
- Canadian Pacific Railway Limited declares dividendCALGARY, AB, Oct. 26, 2022 /PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX:CP) (NYSE:CP) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares. The dividend is payable on Jan. 30, 2023 to holders of record at the close of business on Dec. 30, 2022, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About Canadian PacificCanadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides North American customers a competitive rail service with access to key markets in eve
- Canadian Pacific and Kansas City Southern merger proposal receives clearance from Committee on Foreign Investment in the United StatesCALGARY, AB, Aug. 16, 2022 /PRNewswire/ - Canadian Pacific Railway Limited (TSX:CP) (NYSE:CP) ("CP") today announced it has received the required regulatory clearance from the Committee on Foreign Investment in the United States ("CFIUS") for the proposed combination of CP and Kansas City Southern ("KCS"). CP completed its acquisition of KCS on Dec. 14, 2021. Immediately upon the closing of the acquisition, the shares of KCS were placed into a voting trust which ensures KCS will operate independently of CP while the U.S. Surface Transportation Board ("STB") completes its regulatory review of the companies' joint railroad control application to create Canadian Pacific Kansas City ("CPKC"),
- Canadian Pacific Railway Limited declares dividendCALGARY, AB, July 27, 2022 /PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX:CP) (NYSE:CP) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares. The dividend is payable on Oct. 31, 2022 to holders of record at the close of business on Sept. 30, 2022, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About Canadian PacificCanadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides North American customers a competitive rail service with access to key markets in ev
- CP applauds agreement to extend Kansas City Southern de México's concession exclusivity until 2037CALGARY, AB, July 20, 2022 /PRNewswire/ - Canadian Pacific Railway Limited (TSX:CP) (NYSE:CP) ("CP") today applauded the announcement by Kansas City Southern ("KCS") and its affiliate Kansas City Southern de México, S.A. de C.V. ("KCSM") of an agreement extending the concession exclusivity rights granted to KCSM for an additional 10 years. KCSM reached an agreement with the Mexican Ministry of Infrastructure, Communications and Transportation ("SICT") to fund a new investment in the Celaya-NBA Line Railway Bypass and other infrastructure. As part of the agreement, the SICT has authorized the amendment of KCSM's Concession Title effective July 14, 2022, to extend the exclusivity rights grante
- Canadian Pacific Railway Limited declares dividendCALGARY, AB, April 26, 2022 /PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX:CP) (NYSE:CP) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares. The dividend is payable on July 25, 2022 to holders of record at the close of business on June 24, 2022, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About Canadian PacificCanadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides North American customers a competitive rail service with access to key markets in ev
- CP debuts interline service from Lázaro Cárdenas to ChicagoCALGARY, AB, March 8, 2022 /PRNewswire/ - Canadian Pacific Railway Limited (TSX:CP) (NYSE:CP) ("CP") today announced that, working with Kansas City Southern ("KCS") on an interline basis, it has successfully launched the first dedicated international intermodal train between Lázaro Cárdenas and the U.S. Midwest. This first Lázaro Cárdenas to Chicago train was born out of the need to avoid excessive delays due to the unprecedented and ongoing supply chain challenges affecting North America's West Coast. The first train carrying containers offloaded at Lázaro Cárdenas arrived Tuesday morning at CP's Bensenville Yard in the Chicago area. CP is pleased to report that total transit time from vess
- CP announces slate of Board nominees standing for election at 2022 annual and special meetingCALGARY, AB, Feb. 23, 2022 /PRNewswire/ - Canadian Pacific Railway Limited (TSX:CP) (NYSE:CP) announced today the slate of nine nominees standing for election as directors at the Canadian Pacific annual and special meeting scheduled for April 27, 2022. The director nominees are: Isabelle Courville The Hon. John R. Baird, P.C. Keith Creel (CP President and Chief Executive Officer) Jill Denham Edward R. Hamberger Matthew H. Paull Jane L. Peverett Andrea Robertson Gordon Trafton "With these nominees, the CP Board will have nine exceptional members with a range of professional experience, including knowledge of the railway industry, as we head toward our historic integration of the Kansas City
- Canadian Pacific Railway Limited declares dividendCALGARY, AB, Jan. 27, 2022 /PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX:CP) (NYSE:CP) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares. The dividend is payable on April 25, 2022 to holders of record at the close of business on March 25, 2022, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About Canadian PacificCanadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides North American customers a competitive rail service with access to key markets in
- CP responds to CN's plan to ask the STB to force a sale to CN of parts of the future CPKC networkKCS's Kansas City to St. Louis/Springfield route will be an important part of the CPKC growth story CALGARY, Jan. 13, 2022 /PRNewswire/ - Canadian Pacific Railway Limited (TSX:CP) (NYSE:CP) today issued the following statement in response to CN's Notice of Intent to file a Responsive Application asking the STB force a divestiture of KCS's lines east of Kansas City as part of the Surface Transportation Board's ("STB") regulatory review of CP's proposed combination with Kansas City Southern ("KCS"): CN's proposal is built on a series of factual errors or misstatements. KCS's Kansas City-Springfield line is not "parallel" to CP's line between Kansas City and Chicago. KCS's line does not rea
- Amtrak pledges support for CP-KCS combinationCP commits to support Amtrak service expansions in two U.S. regions WASHINGTON, D.C. and CALGARY, AB, Jan. 6, 2022 /PRNewswire/ - Amtrak and Canadian Pacific Railway Limited (CP) (TSX:CP) (NYSE:CP) today announced an agreement with Amtrak supporting the proposed combination of CP and Kansas City Southern (KCS) railways. "CP has been an excellent host of Amtrak intercity passenger service year after year and has established itself as a leader in the railroad industry," said Stephen J. Gardner, Amtrak President. "We welcome CP's commitment to our efforts with states and others to expand Amtrak service and are pleased to have reached an agreement formalizing CP's support of Amtrak expansion