{
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  "docSlug": "71f980c94b7e",
  "documentTitle": "Canadian Pacific Railway (CP)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2012-02-06 00:00:00",
  "orientation": "landscape",
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  "pageNumber": 18,
  "pageCount": 112,
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  "slideType": "peer_benchmark",
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  "density": "dense",
  "nDataPoints": 7,
  "notes": "The slide uses a red circle to highlight the negative 18% return for CP, emphasizing the poor performance.",
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      "kind": "callout",
      "text": "Under Fred Green's stewardship, CP's total return to shareholders (including dividends) has been negative 18% while peers generated strong returns",
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      "kind": "callout",
      "text": "Under Fred Green’s stewardship, CP’s total return to shareholders (including dividends) has been negative 18% while peers generated strong returns",
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      "kind": "chart",
      "text": "Rail Share Prices (May 5, 2006 through Sept 22, 2011)",
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      "text": "Total Shareholder Return: -18%",
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      "kind": "source-note",
      "text": "Source: Bloomberg. All data from May 5, 2006 (date upon which Fred Green became CP's CEO) through September 22, 2011 (prior to Pershing Square's accumulation). Total return assumes dividends reinvested. Does not normalize exchange rate movements; impact is negligible.",
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      "text": "Total Shareholder Return table for CP, NSC, CNR, CSX, KSU, UNP",
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      "kind": "title",
      "text": "CP's Stock Price Performance has been Poor",
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      "position": 0,
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