Media Advisory - Canadian Pacific fourth-quarter and full-year 2008 results: Conference call with analysts and media on January 27, 2009

    CALGARY, Jan. 6 /CNW/ - Canadian Pacific (TSX/NYSE:   CP) will release its
fourth-quarter and full-year financial and operating results at 7:30 a.m.
Eastern time (5:30 a.m. Mountain time) on January 27, 2009.
    CP will discuss its results with analysts and the media in a conference
call beginning at 11:00 a.m. Eastern time (9:00 a.m. Mountain time) on January
27, 2009.

    Dial-in numbers: 416-644-3414 or toll free 1-800-733-7560. Callers should
    dial in 10 minutes prior to the call.

    A replay of the conference call will be available by phone through
    February 3, 2009 at 416-640-1917 or toll free 877-289-8525, passcode
    21293206 followed by the pound key.

    Webcast: live via CP's website at To access the Webcast, click
on Investors. The Webcast will be archived through February 28, 2009.

    Canadian Pacific, through the ingenuity of its employees located across
Canada and in the United States, is committed to being the safest, most fluid
railway in North America. Our people are the key to delivering innovative
transportation solutions to our customers and to ensuring the safe operation
of our trains through the more than 900 communities where we operate. Come and
visit us at to see how we can put our ingenuity to work for you.
Canadian Pacific is proud to be the official rail freight services provider
for the Vancouver 2010 Olympic and Paralympic Winter Games.

For further information:

For further information: Contacts: Media, Mike LoVecchio, Tel.: (778)
772-9636, e-mail:; Investment Community, Janet Weiss,
Assistant Vice-President Investor Relations, Tel.: (403) 319-3591, e-mail:

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