CALGARY, March 8 /PRNewswire-FirstCall/ -- Canadian Pacific Railway (CP: TSX/NYSE) has said today that a newswire story that appeared today indicating a change in the company's revenue guidance is not correct. The company confirms that its revenue guidance for the 2006 year remains in the range of 5-8 per cent growth over 2005 revenues as has been previously stated. 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. Canadian Pacific Logistics Solutions provides logistics and supply chain expertise worldwide. For more information, visit CPR's website at http://www.cpr.ca/. DATASOURCE: Canadian Pacific Railway CONTACT: Media - Leslie Pidcock, Tel.: (403) 319-6878, e-mail: ; Investment Community - Paul Bell, Vice-President Investor Relations, Tel.: (403) 319-3591, e-mail:

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