Canadian Pacific Kansas City Limited

All locations on hold. We're still checking in participants for today's conference. Thank you for your patience and please continue to stand by. © transcript Emily Beynon Thank you. Thank you. Call locations on hold. We're still checking in participants for today's conference. Thank you for your patience and please continue to stand by. We'll begin shortly. Thank you. Thank you. Thank you. Thank you. Thank you.

Please stand by. Your program is about to begin. If you need assistance on today's call, please press star zero. Good afternoon.

My name is Leo, and I'll be your conference operator today. At this time, I would like to welcome everyone to Canadian Pacific's first quarter 2022 conference call. The slides accompanying today's call are available at investor.cpr.ca. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question, simply press the star, then the number one on your telephone keypad. If you would like to withdraw your question, please press the pound key. I would now like to introduce Megan Albiston, Vice President, Capital Markets, to begin the conference.