Last updated on April 17, 2014 at 21:23 EDT

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

November 30, 2012

CALGARY, Nov. 30, 2012 /PRNewswire/ – 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 Pacific

Source: PR Newswire