8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

September 19, 2016Date of Report (Date of earliest event reported) 

Canadian Pacific Railway Limited

(Exact name of registrant as specified in its charter)

Canada	001-01342	98-0355078
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

7550 Ogden Dale Road S.E., Calgary, Alberta,
Canada, T2C 4X9

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code (403) 319-7000

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 8.01 Other Events

On September 19, 2016 Canadian Pacific Railway Limited (the “Company”) responded to a Transportation Safety Board (“TSB”) report concerning expanding the use of Locomotive Voice and Video Recorders in Canada.

A copy of the press releaseannouncing the Company’s response to the TSB report is attached as Exhibit 99.1 to this current report on Form 8- K.

ITEM 9.01Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.	Exhibit Description
Exhibit 99.1	Press Release dated September 19, 2016, announcing the Company’s response to a TSB report concerning expanding the use of Locomotive Voice and Video Recorders in Canada

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: September 23, 2016
	CANADIAN PACIFIC RAILWAY LIMITED
	By:	/s/ Scott Cedergren
		Name:	Scott Cedergren
		Title:	Assistant Corporate Secretary

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EXHIBIT INDEX

Exhibit No.	Exhibit Description
Exhibit 99.1	Press Release dated September 19, 2016, announcing the Company’s response to a TSB report concerning expanding the use of Locomotive Voice and Video Recorders in Canada

EX-99.1

Release: September 19, 2016

CP responds to TSB report on LVVR implementation, calls on Minister of Transport to do more

Calgary, AB – Canadian Pacific (TSX: CP) (NYSE: CP) today joins the Transportation Safety Board (TSB) in calling for the Minister of Transport to implement Locomotive Voice and Video Recorders (LVVR) as soon as possible. CP reiterates, however, that the true value in LVVR technology lies in shaping behaviour and preventing accidents before they happen.

The TSB today released a study, Expanding the use of locomotive voice and video recorders in Canada, in which Kathy Fox, Chair of the TSB, noted that LVVR data should be “used in the context of a pro-active, non-punitive safety management system” as that would help “railways identify and mitigate risks before accidents occur."

“While I commend the TSB for the work they have done on this issue, today’s report does little to improve rail safety,” said Keith Creel, CP’s President and Chief Operating Officer. “I implore Minister Garneau to show political leadership by implementing LVVR as a preventative, proactive, behaviour-changing tool.”

CP has argued and will continue to argue that without a pre-emptive disciplinary option, LVVR would do little to improve safety.

“This technology needs to be implemented, but it needs to be used in a way that reinforces sound safety practices and rewards safe behaviours,” said Creel. “On one hand, the TSB is saying yes to accident prevention but on the other, it refuses to allow the railroad to take appropriate corrective action, including applying disciplinary consequences, in the event of unsafe behaviours.”

Opponents of taking this important step forward in rail safety are concerned about how railways would use the information. They say employees have a right to privacy while at work and recordings would be used for disciplinary purposes. CP is firmly of the view that the need to prevent accidents outweighs these concerns. CP is also prepared to implement procedures that would ensure LVVR information must be tightly controlled and only used within strict guidelines.

“Not allowing LVVR to be used proactively is like giving highway police officers radar guns but not permitting them to hand out speeding tickets,” Creel said. “Without consequences, unsafe behaviours would simply continue.”

CP uses LVVR technology in 15 of its locomotives in the U.S. The technology is also being used successfully by others in the U.S. with studies showing a 40-percent reduction in collisions per million miles travelled.

“The safety of our communities trumps personal privacy, plain and simple,” Creel said. “To put a finer point on what the TSB has issued today, I will say this: I would much rather prevent a death, than explain one.”

CP articulated its position on LVVR in its submission to the Canada Transportation Act Review Panel, available at: http://www.cpr.ca/en/about-cp-site/Documents/cp-cta-review-submission.pdf.

About Canadian Pacific

Canadian Pacific (TSX:CP)(NYSE:CP) is a transcontinental railway in Canada and the United States with direct links to eight major ports, including Vancouver and Montreal, providing North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpr.ca to see the rail advantages of Canadian Pacific.

Contacts:

Media

Martin Cej24/7 Media Pager: 855-242-3674

Martin_Cej@cpr.ca

Investment Community

Maeghan Albiston

403-319-3591

investor@cpr.ca

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