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 April 21, 2021, Canadian Pacific Railway Limited ("CP") issued a press release setting forth its financial results for its three months ended March 31, 2021. 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
Exhibit 99.1        Press release issued April 21, 2021 by Canadian Pacific Railway Limited and
                    furnished pursuant to Item 2.02, "Results of Operations and Financial
                    Condition."
Exhibit 104         Cover Page Interactive Data File (embedded within the Inline XBRL document)

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