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That is a great photo capturing such a variety of CP’s Service Equipment from the era.
CP 414230 is (was) an American model 7040 DH (diesel driven hydraulic traction & swing) locomotive crane, serial number L-3984, built in 1972. It was delivered new to CP in November of that year.
It was constructed for general hoisting, bucket work, magnet work, and pile driving.
It was originally equipped with a GM 6-71 Detroit Diesel producing 183 h.p. @ 1600 rpm. It had a 40 foot main boom with a 10 foot center section, and a 25KW magnet generator. It was also equipped with an engine warning system (low oil pressure/high engine temp. alarm), Timken trucks, track sanders, and, a fully enclosed insulated operators cab.
CP 414230 was used as a trade-in by CP on their new ERS PowERStick articulated boom crane built in 1996 (originally numbered CP 414230 but renumbered CP 414233). It was scrapped in November of 2012.
http://canadianfreightcargallery.ca/cgi-bin/image.pl?o=cprail&i=cp414230_2
http://canadianfreightcargallery.ca/cgi-bin/image.pl?o=cprail&i=cp414230
http://canadianfreightcargallery.ca/cgi-bin/image.pl?i=cp414230_3&o=cprail