Canadian Pacific Railway Limited (CP) Q3 2022 Earnings Call Transcript

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Canadian Pacific Railway Limited (NYSE:CP) Q3 2022 Earnings Conference Call October 26, 2022 4:30 PM ET

Company Participants

Chris de Bruyn – Managing Director-Investor Relations and Treasury

Keith Creel – President and Chief Executive Officer

John Brooks – Chief Marketing Officer and Executive Vice President

Maeghan Albiston – Vice President Capital Markets

Conference Call Participants

Chris Wetherbee – Citi

Fadi Chamoun – BMO Capital Markets

Jon Chappell – Evercore ISI

Walter Spracklin – RBC Capital Markets

Tom Wadewitz – UBS

Justin Long – Stephens

Ken Hoexter – Bank of America

Scott Group – Wolfe Research

Steven Hansen – Raymond James

Jason Seidl – Cowen and Company

Konark Gupta – Scotia Capital

Ari Rosa – Credit Suisse

Brian Ossenbeck – JPMorgan

Bascome Majors – Susquehanna


Good afternoon. My name is Gretchen, and I will be your conference operator today. At this time, I would like to welcome everyone to Canadian Pacific's Third Quarter 2022 Conference Call. The slides accompanying today's call are available at All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]

I would now like to introduce Chris de Bruyn, Managing Director, Investor Relations and Treasury to begin the conference.

Chris de Bruyn

Thank you, Gretchen. Good afternoon, everyone, and thank you for joining us today. Before we begin, I want to remind you this presentation contains forward-looking information. Actual results may differ materially. The risks, uncertainties and other factors that could influence actual results are described on Slide 2, in the press release and in the MD&A filed with Canadian and U.S. regulators. This presentation also contains non-GAAP measures outlined on Slide 3. With me here today is Keith Creel, our President and Chief Executive Officer; John Brooks, our Executive Vice President and Chief Marketing Officer; and Maeghan Albiston, our Vice President of Capital Markets, who is standing in for

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