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Net Zero: Canada must spend extra $60B/year on clean tech: report

Net Zero: Canada must invest $60B more per year on clean tech: report

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On strength of safety and service CP reports record Q2 revenues of $2.05 billion

Share this article Share this article CALGARY, AB, July 28, 2021 /CNW/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced second-quarter operating results, including record Q2 revenues of $2.05 billion, an operating ratio ( OR ) of 60.1 percent, record Q2 adjusted OR of 55.3 percent, record diluted earnings per share ( EPS ) of $1.86 and record adjusted diluted EPS of $1.03. Our industry-leading team of railroaders delivered another record quarter. I am particularly proud of our all-time record safety performance made possible by the collective efforts of the over 12,000-strong CP family, said Keith Creel, CP President and Chief Executive Officer. The robust base demand environment coupled with our unique growth opportunities has CP extremely well positioned as we head into the second half of the year.