EXHIBIT 5.1
CONSENT OF INDEPENDENT AUDITORS
We hereby consent to the incorporation by reference in this Registration Statement on Form F-10 of Canadian Pacific Railway Limited of our report dated February 24, 2011, relating to the consolidated statements of income, comprehensive income, cash flows, and changes in shareholders’ equity for the year ended December 31, 2010 which appears in Canadian Pacific Railway Limited’s 2012 Annual Report on Form 40-F.
/s/ PricewaterhouseCoopers LLP
Chartered Accountants
Calgary, Alberta
August 2, 2013