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(Source: Canadian Pacific Railway press release, January 23, 2012)

CALGARY, Alberta — Canadian Pacific Railway Limited announced today a 10-year agreement with Canpotex Limited. Under the agreement, CP will be Canpotex’s principal Canadian railway, transporting a large majority of potash shipments to Canpotex’s main terminal in Vancouver, British Columbia. In addition, in conjunction with Union Pacific, CP will transport all Canpotex potash shipments to Portland, Oregon.