Eli Bravo ’19 pitched Canadian Pacific Railway (CP) to the Student Managed Investment Fund (SMIF) on November 26, 2018. Founded in 1881, CP’ first project was to complete Canada’s struggling transcontinental railway linking the eastern and western provinces for the first time. The completion of the railway in 1885 along with the installation of a telegraph line at the same time solidified CP’s role in the development of Canada. For the next 100 years, CP grew alongside Canada, branching out into numerous other business activities such as hotels, steamships, and an airline. Throughout its history, CP has pioneered railroading through a series of ground-breaking innovations, such as spiral tunnels and precision railroading. Today, CP owns and operates over 12,500 miles of rail across Canada and the United States. The company has derived the majority of its revenue from the shipments of bulk commodities, specifically grain, for the past 130 years. The class voted, 19 to 3, to buy 50 shares of CP, establishing a 1% stake in Monday’s SMIF portfolio.