Calgary Alberta - Canadian Pacific Railway Limited (CP) announces the results of its 2016 annual meeting (AGM) held in Toronto earlier today, including the election of all nine nominees listed in the management proxy circular dated 29 Feb 2016.
 
CP's non-binding advisory vote on executive compensation (Say-on-Pay) was narrowly defeated 50.1 percent to 49.9 percent.
 
Although this Say-on-Pay vote is an advisory vote and the results are not binding upon the Board, the Board will take into account the results of this vote, together with other shareholder feedback and best practices in compensation and governance.
 
All other motions passed.
 
The detailed results of the vote by ballot on the election of directors are as follows:

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