Mr. Chris De Bruyn reports

CPKC TO MAINTAIN RAIL OPERATIONS ACROSS CANADA DURING IBEW STRIKE

Canadian Pacific Kansas City Ltd. has implemented contingency plans to maintain railway operations across Canada following the International Brotherhood of Electrical Worker Canadian Signals and Communications System Council No. 11's rejection of CPKC's latest contract offers.

The IBEW, representing approximately 300 signals and communications employees in Canada, launched a strike at 8 a.m. MDT Sunday, May 31. Safe and efficient rail service has continued.

After spending months bargaining in good faith, CPKC is disappointed that a work stoppage could not be prevented. CPKC has presented a fair and balanced proposal with wage and benefit increases consistent with collective agreements currently in place with all other unions across Canada.

The railway continues to encourage IBEW to end its strike and accept binding arbitration.

CPKC has an excellent record of successful collective bargaining with bargaining units across North America. Is remains hopeful that a resolution can be reached quickly.

About Canadian Pacific Kansas City Ltd.

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and Mexico, with unrivalled access to major ports from Vancouver to Atlantic Canada to the Gulf coast to Lazaro Cardenas, Mexico. Stretching approximately 20,000 route miles and employing approximately 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.