There will be a live audio webcast of Mr. Grassby's presentation. A replay of the webcast, as well as the presentation materials, will be available in the Investor section of CP's website, http://www.cpr.ca.

About Canadian Pacific:

Canadian Pacific, through the ingenuity of its employees located across Canada and in the United States, remains 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 1,100 communities where we operate. Canadian Pacific is proud to be the official rail freight services provider for the Vancouver 2010 Olympic and Paralympic Winter Games.

SOURCE Canadian Pacific

Almost 5,000 employees from across North America have signed their names to a specially designed 53-foot intermodal container, the CP Spirit Train Wall of Fame. Unveiled at today's event, the container will tour CP facilities across western Canada before moving to Vancouver in February 2010. The design showcases CP sponsored sports teams and incorporates the names of employees into notable terrain and architectural structures across the railway's network, including the Rocky Mountains and Lethbridge's High Level Bridge. A virtual version of the CP Spirit Train Wall of Fame, with a searchable name function, can be seen online at www.cpr.ca.

Employees who signed their name to the CP Spirit Train Wall of Fame were automatically entered in an internal contest to win an all expenses-paid trip to the 2010 Winter Games for four. Tennile Haug, a clerk at Canadian Pacific's Crew Management Center, was announced today as the winner.

"Thank you CP! I can't wait to share this Olympic experience in my own country with my friends and family," said Ms. Haug.

Another 47 Canadian Pacific employees will also experience the 2010 Winter Games as volunteers. These employees were chosen through a rigorous internal selection process in which they detailed their involvement in the areas of community, sport and sustainability; the three pillars of the Olympic Movement. CP will pay expenses for those employees during their 2010 Winter Games experience.

"I'll be working at the Richmond Olympic Oval during Games time with the full support of my company," said CP project manager Dan McGavock. "What a wonderful way for CP to recognize the volunteering we do in our communities year round."

Hundreds of Canadian Pacific employees in Metro Vancouver and at CP's Network Management Centre will ensure freight trains and additional West Coast Express commuter trains run safely and reliably during the 2010 Winter Games. The Canadian Pacific Police Service is also supporting the Vancouver 2010 Integrated Security Unit.

Canadian Pacific employees have been working for months to coordinate and move construction and staging material needed for February. Tents, scaffolding, fencing, paint, scoreboards, ticket kiosks, hockey nets and bleachers are on their way to Vancouver from across North America and around the world. CP ensures these unique shipments arrive safely and reliably.

Visible across Canada, 20 Canadian Pacific locomotives sporting the Vancouver 2010 Olympic Winter Games Emblem continuously represent CP's commitment to Canada's Games. They are part of a fleet of more than 200 fuel efficient GE Evolution Series locomotives, which are among the industry's most efficient and environmentally conscious, meeting stringent U.S. EPA Tier II emission standards.

Canadian Pacific has supported Canadian Olympians since 1924, when Canada's gold medal winning hockey team returned from France on a Canadian Pacific steamship. CP was also an official supporter of the Montreal 1976 Olympic Summer Games and the Calgary 1988 Olympic Winter Games.

Backgrounders on CP's Olympic Activation are available online at www.cpr.ca

About Canadian Pacific:

Canadian Pacific, through the ingenuity of its employees located across Canada and in the United States, remains 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 1,100 communities where we operate. Come and visit us at www.cpr.ca 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.

SOURCE Canadian Pacific

At each stop, Canadian Pacific provides a brightly decorated train, a box car converted into a stage, great musical talent and a corporate contribution to the local food bank. The community, in turn, rallies together at this free event - donating food and funds, all of which stays in their community.

Noting that food shelf visits have grown by 40% this year in Minnesota, Second Harvest Heartland spokesperson, Joan Wadkins, praised the Holiday Train hunger relief outreach, adding that "half of those visits are from families with children, and many of them are first time users of the food shelf."

"The Holiday Train is a great treat for families, and a great partner in reminding us that some of our neighbors - particularly now - are actually missing meals." said Wadkins. Last year, the St. Paul stop generated more than $10,000 in donations, and more than $90,000 in grocery products delivered to hungry families.

A diverse array of musicians will headline the US Holiday Train stage this year. Join Prescott and Adam Puddington with their blend of country, rock and blues for the American tour. Blues-rocker Shaun Verreault lends his virtuosic vocals and guitar to the tour from November 28 - December 6. Genre defying Wisconsin singer/songwriter and guitar wizard Willy Porter rounds out the tour December 7 to 18.

"Across North America, wherever there are people who are in need of food, there are communities dedicated to feeding that need" said Verreault. "The Holiday Train helps communities help each other, not just during the holiday season, but year round and I'm honored to help supply the soundtrack to such an inspiring program."

Over 40 American cities, towns and villages will experience the Holiday Train spirit, starting in Scranton, PA on November 28 and concluding in Carpio, ND on December 17. For the first time, the US Holiday Train will visit South Dakota communities where the Dakota, Minnesota and Eastern Railroad Corporation, a CP subsidiary, operates.

Complete schedule details, downloads, pictures and video for the 2009 Holiday Train can be found on www.cpr.ca

About Canadian Pacific:

Canadian Pacific, through the ingenuity of its employees located across Canada and in the United States, remains 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 1,100 communities where we operate. Come and visit us at www.cpr.ca 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.

Editors please note: For detailed schedules, musicians' biographies and photos, a route map and downloadable pictures of the train, visit www.cpr.ca and click the Holiday Train icon.

    2009 CP Holiday Train Schedule - United States

    Schedule is subject to change
    All times are local

    Thursday, November 26
    New York
    Rouses Point - 11:00 p.m., Rouses Point Station

    Saturday, November 28
    Pennsylvania
    Scranton - 5:30 p.m., Steamtown Railroad Museum, Lackawanna Ave.

    New York
    Binghamton - 8:45 p.m., CP East Binghamton Rail Yard, Conklin Ave.

    Sunday, November 29
    New York
    Oneonta - 3:15 p.m., Gas Avenue railroad crossing
    Cobleskill - 6:15 p.m., Cobleskill Fire Department, 610 Main Street
    Delanson - 8:00 p.m., Main Street railroad crossing
    Schenectady - 9:30 p.m., Maxon Road

    Monday, November 30
    New York
    Saratoga Springs - 12:00 p.m., Amtrak Station
    Fort Edward - 1:45 p.m., Amtrak Station
    Whitehall - 3:15 p.m., Amtrak Station
    Ticonderoga - 5:00 p.m., Pell's Crossing, Amtrak Waiting Area, Route 74
    (Fort Ti Road)
    Port Henry - 6:30 p.m., Amtrak Station, West side stop
    Plattsburgh - 9:15 p.m., Amtrak Station

    Saturday, December 5
    Illinois
    Gurnee - 5:15 p.m., Viking Middle School Park, 4460 Old Grand Ave.

    Wisconsin
    Sturtevant - 7:00 p.m., New Amtrak Depot, 9900 E. Exploration Ct.
    Hartland - 9:30 p.m., parking lot adjacent to Cottonwood Ave. and Pawling
    Ave.

    Sunday, December 6
    Wisconsin
    Portage - 1:30 p.m., Amtrak Station, 400 West Oneida St.
    Wisconsin Dells - 3:00 p.m., Amtrak Depot, 100 La Crosse St.
    Mauston - 4:30 p.m., Division Street railroad crossing
    Sparta - 7:00 p.m., Corner of S. Water St. and Milwaukee St. (south side
    of the tracks).
    La Crosse - 9:15 p.m., Amtrak Station, 601 Saint Andrew St.

    Monday, December 7
    Minnesota
    Rochester - 12:45 p.m., end of 16th Avenue N.W., next to the Barlow
    Hy-vee Grocery Store
    Owatonna - 4:45 p.m., location to be announced
    Waseca - 7:15 p.m., location to be announced
    Janesville - 7:15 p.m., location to be announced

    Tuesday, December 8
    Minnesota
    Tracy - 1:15 p.m., location to be announced

    South Dakota
    Brookings - 5:00 p.m., location to be announced
    Huron - 9:30 p.m., location to be announced

    Wednesday, December 9
    Minnesota
    Springfield - 5:45 p.m., location to be announced
    New Ulm - 7:45 p.m., location to be announced

    Thursday, December 10
    Minnesota
    Austin - 11:15 a.m., location to be announced

    Iowa
    Mason City - 2:45 p.m., location to be announced
    Marquette - 9:45 p.m., Marina parking lot, north of Lady Luck Casino at
    Water St. & Hwy 76

    Friday, December 11
    Minnesota
    La Crescent - 2:30 p.m., The Commodore Food & Spirit Parking Lot, 215 S.
    Chestnut St.
    Winona - 5:15 p.m., Amtrak Station, 65 East Mark St.
    Wabasha - 7:15 p.m., Gambie Avenue railroad crossing by Bruegger Park
    Lake City - 9:00 p.m., Hearth & Home Technologies, 800 West Jefferson St.

    Saturday, December 12
    Minnesota
    Hastings - 4:15 p.m., CP Depot, 500 East Second St.
    Cottage Grove - 5:45 p.m., West Point Douglas Road, in front of the Youth
    Service Bureau
    St. Paul - 7:15 p.m., Central Parking System parkade ramp at Kellogg &
    Broadway in Lowertown
    Minneapolis - 9:30 p.m., CP Shoreham Yard, 2800 Central Avenue NE

    Monday, December 14
    Minnesota
    Loretto - 4:30 p.m., Hennepin County Road 19 railroad crossing/Chippewa
    Trail
    Buffalo - 6:00 p.m., 612 NE 3rd Ave., behind McDonald's on Highway 55
    Annandale - 7:30 p.m., West side of Downtown Park over Oak Ave. railroad
    crossing
    Eden Valley - 9:15 p.m., Main Street railroad crossing, State Highway 22

    Tuesday, December 15
    Minnesota
    Alexandria - 1:00 p.m., Eighth Ave. East railroad crossing by Hubbard
    Feed Mill
    Detroit Lakes - 4:30 p.m., Holmes St. railroad crossing near the Holmes
    Community Center
    Thief River Falls - 8:15 p.m., CP Depot near City Hall, 2017 Highway 59
    SE

    Wednesday, December 16
    Minnesota
    Elbow Lake - 4:45 p.m., Main Street railroad crossing

    North Dakota
    Hankinson - 7:00 p.m., American Legion parking lot, 122 1st St. (Main St.
    railroad crossing north side of track)
    Enderlin - 9:45 p.m., CP Depot, 101 Harvest Lane

    Thursday, December 17
    North Dakota
    Harvey - 4:30 p.m., CP Depot, 600 Lincoln Ave.
    Minot - 7:30 p.m., Main Street railroad crossing
    Carpio - 9:30 p.m., Main Street railroad crossing

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20090427/TO591LOGO
    PRN Photo Desk, photodesk@prnewswire.com

SOURCE Canadian Pacific

At each stop, Canadian Pacific provides a brightly decorated train, a box car converted into a stage, great musical talent and a corporate contribution to the local food bank. The community, in turn, rallies together at this free event - donating food and funds, all of which stays in their community.

"Each month, thousands of Canadians are faced with making the very real choice between paying rent or buying food," said Katharine Schmidt, Executive Director of Food Banks Canada. "Canadian Pacific has become an important partner in supporting these families in need."

Food Banks Canada and its members, affiliate members and respective agencies serve approximately 85 percent of food bank clients in Canada and recently confirmed that 20% more Canadians are enlisting the help of food banks compared to a year ago.

The headlining musical talents on the Canadian Holiday Train this year are alternative rock band The Odds and blues-rocker Shaun Verreault. The Odds bring their energy and full voiced harmonies to the Holiday Train stage for the first time. With international hits such as "Someone Who's Cool" and "Love is the Subject", this power pop quartet will be sure to entertain.

"Across North America, wherever there are people who are in need of food, there are communities dedicated to feeding that need" said Verreault. "The Holiday Train helps communities help each other, not just during the holiday season, but year round and I'm honored to help supply the soundtrack to such an inspiring program."

Over 70 Canadian cities, towns and villages will experience the Holiday Train spirit, starting in Montreal on Saturday, November 28 and concluding in Port Moody on Friday, December 18. In the U.S, a second Holiday Train will visit more than 40 communities including for the first time communities in South Dakota along CP's Dakota, Minnesota and Eastern Railroad subsidiary.

Complete schedule details, downloads, pictures and video for the 2009 Holiday Train can be found on www.cpr.ca

About Canadian Pacific:

Canadian Pacific, through the ingenuity of its employees located across Canada and in the United States, remains 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 1,100 communities where we operate. Come and visit us at www.cpr.ca 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.

Editors please note: For detailed schedules, musicians' biographies and photos, a route map and downloadable pictures of the train, visit www.cpr.ca and click the Holiday Train icon.

    <<
    2009 CP Holiday Train Schedule - Canada

    Schedule is subject to change
    All times are local

    Thursday, November 26
    Quebec
    *Kahnawake - 7:00 p.m. (U.S. Train show), Mohawk Reserve
    *LaColle - 9:00 p.m. (U.S. Train show), CP Train Station, 10 Ste. Marie

    Saturday, November 28
    Quebec
    Montreal - 7 p.m., Places des Vestiges on the Quays of the Old Port,
    across from Jacques-Cartier Pier

    Sunday, November 29
    Quebec
    Beaconsfield - 2:45 p.m., Beaconsfield Commuter Station
    Les Cedres - 4:15 p.m., CP railway crossing at Chemin St. Dominique

    Ontario
    Smiths Falls - 7:15 p.m., Smith Falls Train Station, 63 Victoria St.

    Monday, November 30
    Ontario
    Perth - 10:00 a.m., Wilson St. railway crossing, south side
    Belleville - 1:30 p.m., South Church St. railway crossing, south of
    Dundas St. East
    Trenton - 2:45 p.m., RCAF Road railway crossing, north of the base
    Brighton - 4:00 p.m., East of railway crossing at Prince Edward St.
    Bowmanville - 7:00 p.m., Scugog Road railway crossing
    Oshawa - 8:30 p.m., CP level railway crossing at Thornton Road

    Tuesday, December 1
    Ontario
    Toronto - 6:30 p.m., 87 Ethel Avenue, adjacent to RONA
    *Hamilton - 8:15 p.m. (U.S. Train show), area of Kinnear Yard, opposite
    Gage Park
    Vaughan - 9:00 p.m., Northwest corner of CP Vaughan Intermodal Yard and
    Nashville Road, near grain elevator.

    Wednesday, December 2
    Ontario
    Midhurst - 1:00 p.m., 12 Anne Street North
    Mactier - 3:30 p.m., Old CP Station
    *Cambridge - 4:45 p.m. (U.S. Train show), former Galt Station,
    10 Malcolm St.
    Parry Sound - 5:15 p.m., Museum Train Station, 1 Avenue Road
    *Ayr - 6:00 p.m. (U.S. Train show), Railway Crossing at Northumberland
    St.
    Shawanaga - 6:30 p.m., near the Band office, beside the railway crossing
    at Village Road
    *London - 8:30 p.m. (U.S. Train show), Richmond St. railway crossing
    between Oxford St. and Central Ave.
    Sudbury - 9:45 p.m., VIA Train Station, Elgin St.

    Thursday, December 3
    Ontario
    Cartier - 11:15 a.m., CP Train Station, 3 Spence St.
    *Chatham - 12:15 p.m. (U.S. Train show), Mainline behind Wheels Inn
    between Merrit Ave. and Keil Drive
    Chapleau - 5:00 p.m., CP Train Station, 50 Dufferin St.
    *Windsor - 7:00 p.m. (U.S. Train show), CP Train Yard, Erie St. W and
    Janette St.
    White River - 9:30 p.m., CP Train Station, 102 Winnipeg St.

    Friday, December 4
    Ontario
    Mobert - 9:15 a.m., across from Band Office
    Heron Bay - 11:30 a.m., old CP Train Station, beside Esso building
    Marathon - 1:00 p.m., beside Curling Club parking lot, Stevens Ave.
    Schreiber - 3:45 p.m., CP Yard at Cenotaph, beside Harvest Food Cupboard
    building
    Nipigon - 6:30 p.m., CP Yard across from Nipigon Inn, 60 Front Street
    Thunder Bay - 9:45 p.m., CP Train Station, 440 Syndicate Ave.

    Saturday, December 5
    Ontario
    Ignace - 11:15 a.m., CP Train Station
    Dryden - 1:45 p.m., CP Yard entrance, Queen St. and Earl Ave.
    Kenora - 5:00 p.m., CP South Yard across from Wholesale Store, 8th Ave.
    South entrance

    Manitoba
    Whitemouth - 8:00 p.m., Railway Ave. across from Whitemouth Hotel

    Sunday, December 6
    Manitoba
    Winnipeg - 2:00 p.m., Molson St., between Panet Road and Munroe Ave.
    Portage La Prairie - 5:00 p.m., 301-3rd St. NE, opposite Centennial Arena
    Minnedosa - 9:15 p.m., west of CP Train Station, South of CP Yard, 30 2nd
    Ave. NW

    Monday, December 7
    Saskatchewan
    Bredenbury - 1:15 p.m. CP Train Station
    Wynyard - 6:15 p.m., CP Train Station

    Tuesday, December 8
    Saskatchewan
    Saskatoon - 11:00 a.m., CP Sutherland Yard, 801 Gray Ave.
    Regina - 6:30 p.m., Taylor Field, stadium parking lot
    Moose Jaw - 8:30 p.m., west of CP Train Station, 3 Manitoba St. West

    Wednesday, December 9
    Saskatchewan
    Swift Current - 12:30 p.m., east of CP Train Station, 3rd St. and North
    Railway Ave.
    Maple Creek - 3:30 p.m., CP TMS Facility on Pacific Avenue

    Alberta
    Medicine Hat - 5:00 p.m., just east of CP Train Station, Queen & North
    Railway St.
    Tilley - 7:15 p.m., Southeast side of crossing at Highway 877
    Brooks - 8:45 p.m., 1st Ave. behind Civic building

    Friday, December 11
    Alberta
    Calgary - 6:00 p.m., 9511 Horton Road SW, gravel parking lot on Horton
    Road behind the Brick and Schanks
    Vulcan - 9:45 p.m., CP railway crossing at 1st Ave. and 2nd St.

    Saturday, December 12
    Alberta
    Lethbridge - 8:30 a.m., 2nd Ave. North and 12th St. behind Save On Foods
    Fort MacLeod - 10:30 a.m., clear of level railway crossing on 5th Ave.
    Pincher Creek - 12:15 p.m., railway crossing just north of Highway 6 on
    Highway 3, next to Husky gas station at Pincher Station
    Coleman - 2:15 p.m., east of railway crossing, south of 17th Ave. between
    69th and 70th St.

    British Columbia
    Sparwood - 4:45 p.m., 367 Pine St., behind Leisure Center
    Fernie - 6:30 p.m., behind CP Train Station, 700 - 1st Ave.
    Cranbrook - 10:15 p.m., 1400 block Theatre Road

    Sunday, December 13
    British Columbia
    Creston - 10:00 a.m., Millennium Park across from Creston RCMP Station
    Castlegar - 4:45 p.m., Heritage Society CP Station Museum, 400 13th Ave.
    Nelson - 7:45 p.m., Railway crossing at Lakeside Park, 1900 Lakeside
    Drive

    Monday, December 14
    British Columbia
    Radium - 6:15 p.m., Railway crossing at Foresters Road
    Golden - 9:30 p.m., across from 7-11, 10th Ave.

    Tuesday, December 15
    British Columbia
    Revelstoke - 3:00 p.m., CP Yard, Victoria Road adjacent to CP parking lot
    Sicamous - 5:15 p.m., northwest corner of Highway 1 at Silver Sand Road
    intersection, east of Draw Bridge
    Salmon Arm - 7:00 p.m., Lordco parking lot, 51 Lake Shore Drive NE
    Notch Hill - 9:00 p.m., Davies Road - Notch Hill Road railway crossing
    across from Notch Hill Hall, 1639 Notch Hill Road

    Wednesday, December 16
    British Columbia
    Chase - 4:15 p.m., north side of Shuswap Ave., across from Chase RCMP
    building
    Kamloops - 7:00 p.m., north side of Interior Savings on Lorne St.

    Thursday, December 17
    British Columbia
    Ashcroft - 2:00 p.m., in area of CP facility on Railway Ave.
    Lytton - 4:45 p.m. in area of CP facility on Station Road
    North Bend - 6:45 p.m., east of CP facility

    Friday, December 18
    Saskatchewan
    *North Portal - 12:00 p.m. (U.S. Train show), Town Center
    *Estevan - 5:00 p.m. (U.S. Train show), east of CP Station at vacant
    lot off 7th St.
    *Weyburn - 7:45 p.m. (U.S. Train show), 512 Railway St.

    British Columbia
    Agassiz - 5:15 p.m., west of Highway 9, across from Agra Centre, Pioneer
    Ave.
    Maple Ridge - 7:45 p.m., across from Billy Minor Pub
    Port Moody - 9:30 p.m., on Queen St. at Clark Ave.
    >>

SOURCE: Canadian Pacific

Media Contacts: East of Sudbury ON: Michel Spenard, Manager, Media Relations and
Public Affairs, Canadian Pacific, (514) 835-1774, michel_spenard@cpr.ca; Sudbury to
the West Coast: Kevin Hrysak, Manager, Media Relations, Canadian Pacific, (403)
836-3874, kevin_hrysak@cpr.ca; Mike LoVecchio, Senior Manager, Media Relations,
Canadian Pacific, (778) 772-9636, mike_lovecchio@cpr.ca