CANADIAN PACIFIC KANSAS CITY LTD., $103.21, Toronto symbol CP, is still a buy. The company took its current form in April 2023 when it acquired U.S.-based railway Kansas City Southern (KCS). CP paid $31 billion U.S. in cash and shares for KCS. At that time, CP investors owned 72% of the merged company, with KCS shareholders holding the remaining 28%. The new CPKC ships freight over a 32,190-kilometre rail network. That line runs mainly between Montreal and Vancouver, with links to hubs in the U.S. Midwest and Northeast. With the addition of KCS, the new company also connects with important hubs and ports on the U.S. Gulf Coast and in Mexico. The 600 clerical and intermodal employees at the railway in Canada have approved a new four-year union contract with the company. This is the third new contract ratified by CPKC employees this year. Despite the threat of new U.S. tariffs, as well as retaliatory tariffs imposed by Canada and Mexico, the stock is up…