This Canadian Pacific gondola is one of a series outfitted with coil steel bunks and normally has a protective fiberglass cover applied to it to protect the steel coils (you can see some similar covered cars in the background) but here the cover is missing and you can see into the interior and see how the coil bunks and bracing are designed.
CN and CP both supplied a lot of cars for steel loading at Algoma Steel, so covered gondolas like this would not have been an uncommon site in the Algoma Central yards in Sault Ste. Marie, and CP traffic to western Canada would have been interchanged at Franz.
This car was photographed on July 30, 2014 in the CP yard at Sudbury so it would actually be on the way to Sault Ste. Marie for a load of steel coils.