Canadian Pacific announces annual meeting of shareholders & filing of Management Proxy Circular

CALGARY, March 22, 2013 - Canadian Pacific (TSX:CP)(NYSE:CP) today announced its annual meeting of shareholders to be held at the Royal York Hotel in Toronto, Ontario on Wednesday, May 1, 2013, at 9:00 am eastern standard time.

Paul Haggis, Chairman of the Board of Directors, will chair the meeting and the Company's Chief Executive Officer, E. Hunter Harrison will review the company's 2012 performance and talk about the transformational journey that is occurring at CP. Mr. Harrison will then be joined by Keith Creel, President & Chief Operating Officer, to answer questions from shareholders.

There will be a live audio webcast of the meeting available on the company's corporate website www.cpr.ca.

The company also filed today its Management Proxy Circular which is available at www.cpr.ca, as well as on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.

About Canadian Pacific:

Canadian Pacific (TSX:CP)(NYSE:CP) is a transcontinental railway in Canada and the United States with direct links to eight major ports, including Vancouver and Montreal, providing North American customers a competitive rail service with access to key markets in every corner of the globe. CP is a low-cost provider that is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpr.ca to see the rail advantages of Canadian Pacific.