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Press release from CNW Group

Canadian Pacific reaches tentative agreement with the CPPA representing its Police Service members

Friday, November 30, 2012

Canadian Pacific reaches tentative agreement with the CPPA representing its Police Service members20:38 EST Friday, November 30, 2012CALGARY, Nov. 30, 2012 /CNW/ - Canadian Pacific (TSX: CP) (NYSE: CP) and the Canadian Pacific Police Association (CPPA), representing approximately 60 members of the company's police service, today announced they have reached a tentative five-year collective agreement."I am pleased we were able to reach agreement with our railway police, the third tentative agreement or ratified contract in a matter of weeks," said President and Chief Executive Officer, E. Hunter Harrison.In addition to the CPPA, a tentative five-year agreement was reached with the International Brotherhood of Electrical Workers (IBEW) on November 15, while members of the United Steelworkers ratified a five-year contract on November 8.The CPPA Memorandum of Settlement will be sent to the union membership for ratification in December.Details of the agreement will be available following ratification.SOURCE: Canadian PacificFor further information: CONTACTS: CP                                              Ed Greenberg                       Tel: 612-849-4717                  24/7 Media Pager: 855-242-3674 ed_greenberg@cpr.ca  CPPA Clark Rutledge, President, CPPA Tel: 604-469-5672