Canadian Pacific disclosure practices recognized
25 Agosto 2009 - 8:00PM
PR Newswire (US)
CALGARY, Aug. 25 /PRNewswire-FirstCall/ -- Canadian Pacific Railway
Limited (TSX/NYSE: CP) announced today it has been awarded the
Governance Gavel Award for Director Disclosure by the Canadian
Coalition for Good Governance (CCGG). The award recognizes
excellence in shareholder communications, particularly through the
annual proxy circular. A company's disclosure is judged against
best practices as defined by the CCGG. "This award recognizes our
ongoing efforts to ensure the timeliness, clarity and transparency
of communications with our shareholders," said Kathryn McQuade,
CP's Chief Financial Officer. "At Canadian Pacific, we continually
strive to improve our governance and disclosure procedures through
review and comparison with best practices. We are pleased that the
CCGG has selected CP to receive the award for 2009." Representing
the interests of institutional investors, the Canadian Coalition
for Good Governance promotes good governance practices in Canadian
public companies and the improvement of the regulatory environment
to best align the interests of boards and management with those of
their shareholders, and to promote the efficiency and effectiveness
of the Canadian capital markets. Canadian Pacific, through the
ingenuity of its employees located across Canada and in the United
States, remains committed to being the safest, most fluid railway
in North America. Our people are the key to delivering innovative
transportation solutions to our customers and to ensuring the safe
operation of our trains through the more than 1100 communities
where we operate. Come and visit us at http://www.cpr.ca/ to see
how we can put our ingenuity to work for you. Canadian Pacific is
proud to be the official rail freight services provider for the
Vancouver 2010 Olympic and Paralympic Winter Games. DATASOURCE:
Canadian Pacific CONTACT: Media: Mike LoVecchio, Tel.: (778)
772-9636, email: ; Investment Community: Janet Weiss, Assistant
Vice-President, Investor Relations, Tel.: (403) 319-3591, email:
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