July 20 (Reuters) - Canadian Pacific Railway Ltd CP.TO reported a 16 percent decline in quarterly profit on Wednesday, hurt by weak commodity volumes, the Fort McMurray wildfire in northern Alberta and a stronger Canadian dollar.
Canada's No. 2 railroad said its net income slipped to C$ 328 million ($251 million), or C$2.15 per share, in the three months ended June 30, from C$390 million, or C$2.36 per share, a year earlier. fell 12.2 percent to C$1.45 billion. ($1 = 1.3058 Canadian dollars)