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Canadian Pacific Prepared to Fully Operate the Railway Regardless of Outcome of Bargaining with CAW - Canadian Pacific (TSX/NYSE: CP) advised that it has trained 1,200 managers
Canadian Pacific Prepared to Fully Operate the Railway Regardless of Outcome of Bargaining with CAW

 

PRZOOM - /newswire/ - Calgary, Alberta, Canada, 2011/01/13 - Canadian Pacific (TSX/NYSE: CP) advised that it has trained 1,200 managers. TSX, NYSE: CP

   
 
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Canadian Pacific today advised that it has trained 1,200 managers and has a comprehensive contingency plan in place to fully operate the railway should a labour dispute occur with the Canadian Auto Workers (CAW), with the earliest possible date being February 8, 2011.

At Canadian Pacific, this union represents mechanical services employees who inspect and repair rail cars and locomotives. The CAW represents no other employees at CP.

The company has a long history of cooperative labour relations and working through key issues with the unions representing our employees.

Negotiations are ongoing. The company remains optimistic for a negotiated settlement.

About Canadian Pacific

Canadian Pacific (CP: TSX/NYSE) operates a North American transcontinental railroad providing freight transportation services, logistics solutions and supply chain expertise. Incorporating best-in-class technology and environmental practices, CP is re-defining itself as a modern 21st century transportation company built on safety, service reliability and operational efficiency. Visit cpr.ca and see how Canadian Pacific is Driving the Digital Railway.

Contacts Investors

Janet Weiss - T: 403-319-3591 / E: investor[.]cpr.ca.

 
 
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Agency / Source: Canadian Pacific Railway

 
 

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Canadian Pacific Prepared to Fully Operate the Railway Regardless of Outcome of Bargaining with CAW

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Canadian Pacific |
Contact: Mark Seland - CPR.ca 
403-319-3566 mark_seland[.]cpr.ca
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Canadian Pacific Railway securities in any jurisdiction including any other companies listed or named in this release.

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