Canadian Pacific Railway Ltd at Morgan Stanley Laguna Conference Transcript

Sep 11, 2019 / 06:05PM GMT
Unidentified Analyst -

All right. So next up, we have Canadian Pacific. And very happy to welcome back CEO, Keith Creel. Keith, thank you so much for being here.

Keith E. Creel - Canadian Pacific Railway Limited - President, CEO & Director

Always my pleasure.

Unidentified Analyst -

So, so far, we've had a couple of rails presented. And I think they have kind of kicked off with a few opening remarks about how they see the state of the world. I don't know if you would like to kind of open that way as well.

Keith E. Creel - Canadian Pacific Railway Limited - President, CEO & Director

So at CP, a bit countercyclical to the industry. Obviously, we realized growth in a world where we see contraction. Not as robust as it was, obviously, and a bit below what our expectations were. Some of the reasons for that, that have developed, that's unique again to us, that's new and unexpected. We've got a grain of harvest. Obviously, we've moved a lot of grain, a lot of boat products in Canada that's

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