14 December 2010
Canadian Pacific Railway Limited Declares Dividend
Calgary Alberta - The Board of Directors of Canadian Pacific Railway Limited today declared a
quarterly dividend of twenty seven cents ($0.27) Canadian per share on the outstanding Common Shares.
The dividend is payable on 31 Jan 2011, to holders of record at the close of business on 31 Dec 2010, and is an eligible dividend pursuant to subsection 89(14)
of the Income Tax Act.
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