Canadian Pacific and Running Trades union reach agreement

    CALGARY, Feb. 13 /CNW/ - Canadian Pacific (TSX/NYSE:   CP) was notified by
the Teamsters Canada Rail Conference today that the Memorandum of Settlement
reached in December by Canadian Pacific and the Teamsters has now been
ratified by the membership.
    The Union, which represents 4500 Canadian Pacific conductors and
locomotive engineers in Canada, confirmed a renewal collective agreement which
is 5 years in duration, extending to the end of 2011.

For further information:

For further information: Media, Mark Seland, (403) 540-7178,

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