SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of March, 2006
CANADIAN PACIFIC RAILWAY LIMITED
(Commission File No. 1-01342)
CANADIAN PACIFIC RAILWAY COMPANY
(Commission File No. 1-15272)
(translation of each Registrant’s name into English)
Suite 500, Gulf Canada Square, 401 – 9th Avenue, S.W., Calgary, Alberta, Canada, T2P 4Z4
(address of principal executive offices)
Indicate by check mark whether the registrants file or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F o Form 40-F x
Indicate by check mark whether the registrants by furnishing the
information contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act
of 1934.
Yes o No x
If “Yes” is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-
This Report furnished on Form 6-K shall be incorporated by
reference into
each of the following Registration Statements under the Securities Act of 1933
of the registrant: Form S-8 No. 333-127943 (Canadian Pacific Railway Limited),
and Form S-8 No. 333-13962 (Canadian Pacific Railway Limited).
Release: Immediate, March 15, 2006
Calgary, Alberta
Labour Agreements Ratified between CPR and Rail Canada Traffic Controllers and with CP Police
Association.
Canadian Pacific Railway has announced separate collective agreements with its Rail Traffic
Controllers, represented by the Teamsters Canada Rail Conference Rail Canada Traffic Controllers
Union, and with members of CPR’s Police Service, represented by the Canadian Pacific Police
Association.
A three-year agreement governs CPR Rail Traffic Controllers (RTCs) in Calgary, Winnipeg and
Montreal, and extends to the end of 2008. It provides improvements for wages, pensions and
benefits. In addition, work-life balance provisions have been implemented, which are designed to
improve retention of current employees and to make the position more attractive for people looking
for a career in the rail industry.
“We are pleased with this settlement and believe it provides value for both the RTCs and our
company as a whole,” said CPR President, Fred Green.
RCTC TCRC National Advisor and Chairman of the Union’s negotiating committee, Darrell Arnold, said
the Union was very satisfied with the professional manner in which these negotiations were
conducted and extremely pleased with the outcome. “Significant achievements were reached in the
working conditions and quality of life for all members, especially the junior members,” Arnold
said. “All told, this was the most inspiring round of collective bargaining that I have seen in my
twenty-five years as a Union negotiator and both the Company and Union team members should be
saluted for a job well done.”
Rail Traffic Controllers are responsible for the safe and efficient operation of the Railway within
an assigned operating territory. RTCs ensure train delays are minimized in their operating
territory through the application of effective planning, scheduling and queuing techniques. The RTC
is also responsible for the effective movement of trains and other on-track railway equipment.
CPR also announced a new four-year agreement has been ratified with CPR Police Officers. The
agreement extends to the end of 2009 and includes wage and benefit enhancements for railway police
officers.
“Our railway police are important to our operations and the new four-year agreement recognizes
their important contribution to our company,” said Green, who noted CPR Police Service officers are
fully accredited law enforcement professionals who receive ongoing training and certification that
meets the standards for peace officers in Canada and the U.S.
“This agreement is another step in our goal of a stable and mutually productive working
relationship with Canadian Pacific Railway,” said Clark Rutledge, President of the Canadian Pacific
Police Association.
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With the ratification of these agreements, there are now two labour agreements in place between CPR
and its Canadian unions that extend to 2009 and one that extends to 2008. These agreements are
consistent in the provision of wage and benefits improvements and include a number of work-rule
changes to improve productivity.
About Canadian Pacific Railway
Canadian Pacific Railway is a transcontinental carrier operating in Canada and the U.S. Its
14,000-mile rail network serves the principal centres of Canada, from Montreal to Vancouver, and
the U.S. Northeast and Midwest regions. CPR feeds directly into America’s heartland from the East
and West coasts. Alliances with other carriers extend its market reach throughout the U.S. and
into Mexico. For more information, visit CPR’s website at www.cpr.ca.
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Contacts: |
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Canadian Pacific Railway |
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Media:
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Investors: |
Ed Greenberg
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Paul Bell, Vice-President, Investor Relations |
(403) 319-3686
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(403) 319-3591 |
(403) 540-8106 (cell) |
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ed_greenberg@cpr.ca
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investor@cpr.ca |
