ITEM 2.02 Results of Operations and Financial Condition.

The following information is furnished pursuant to Item 2.02, "Results of Operations and Financial Condition."

On October 20, 2020, Canadian Pacific Railway Limited ("CP") issued a press release setting forth its financial results for its three and nine months ended September 30, 2020. A copy of CP's press release is attached hereto as Exhibit 99.1. CP does not intend for this Item 2.02 or Exhibit 99.1 to be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or to be incorporated by reference into filings under the Securities Act of 1933, as amended.

ITEM 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Exhibit Description


             Press release issued October 20, 2020 by Canadian Pacific Railway

Exhibit 99.1 Limited and furnished pursuant to Item 2.02, "Results of Operations


             and Financial Condition."
             Cover Page Interactive Data File (embedded within the Inline XBRL
Exhibit 104  document)

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