Overview of the Annual Meeting#
Canadian Pacific Kansas City (CPKC) held its annual meeting where shareholders re-elected all 14 director nominees. This decision was announced in a press release following the meeting held in Calgary, Alberta.
Voting Results#
All directors received strong support, with at least 95.84% of votes cast in their favor. Notably, Keith Creel garnered the highest approval at 99.66%, while Matthew Paull received the least support at 95.84%. Isabelle Courville was re-appointed as Chair of the Board, and Gordon Trafton continues as Vice-Chair.
Shareholder Approvals#
Shareholders also voted on several important matters. An advisory vote on executive compensation received 87.48% approval, while the company’s approach to climate change was supported by 88.72% of voters. Additionally, the appointment of Ernst & Young LLP as the company’s auditor was overwhelmingly approved with 99.88% of votes.
Company Profile and Recent Developments#
CPKC operates around 20,000 route miles of railway across Canada, the U.S., and Mexico, employing approximately 20,000 workers. The company has a market capitalization of $76.3 billion and is based in Calgary. Recently, CPKC reported its fourth-quarter earnings for 2025, showing an earnings per share (EPS) of CAD 1.33, slightly below analyst expectations. Despite this, the market reacted positively, reflecting confidence in CPKC’s long-term strategy. The company also published new climate-related reports and certified 14 new rail-served industrial sites across North America, adding over 6,600 acres of developable land to its Site Ready Program.