Initial purchase: 3/25/2015
Cost basis: $184.32
Current Portfolio Status: Hold
Dividend Reinvestment: N
Dividends paid quarterly in Jan, Apr, Jul, Oct
Shares held on account with Motif
Canadian Pacific Railway Limited, through its subsidiaries, operates a transcontinental railway in Canada and the United States. The company provides logistics and supply chain expertise services. It transports bulk commodities, including grain, coal, fertilizers, and sulphur; and intermodal traffic comprising retail goods in overseas containers that can be transported by train, ship, and truck, as well as in domestic containers and trailers that can be moved by train and truck. The company also transports merchandise freight consisting of finished vehicles and automotive parts, chemicals and plastics, crude oil, and forest products, as well as metals, minerals, and consumer products. It provides rail and intermodal transportation services over a network of approximately 13,700 miles serving the business centers of Canada from Montreal, Quebec, to Vancouver, British Columbia, and the United States Northeast and Midwest regions. The company was founded in 1881 and is headquartered in Calgary, Canada.
Reason for holding: relationship with Agrium through its ownership (with POT and MOS) of Canpotex.