PARTNERING WITH FREIGHT RAILROADS- PASSENGER SERVICE

1. PARTNERING WITH FREIGHT RAILROADS- PASSENGER SERVICE Presentation by Steve Fisk Senior Manager, Business Development SCORT 2009 Oklahoma City, OK September 2009

2. Canadian Pacific Network Intermodal 29% Bulk 44% Merchandise 27% Our vision is to be the safest, most fluid railroad in North America Alberta’s Industrial Heartland Border Crossing Port Passenger Trains on a Freight Railway

3. The Scope of Passenger Rail on CP • 33,000 passenger trains operate each year on CP • 17,000,000 passengers are carried safely to their destination on these trains • CP approaches passenger rail as a business partner • Our key challenge is to provide safe and reliable service while protecting our current and future freight capacity • We see effective partnerships with passenger and governmental agencies as the essential ingredient to achieve our respective goals Passenger Trains on a Freight Railway

4. Where do passenger trains operate on CP? White River Sudbury Milwaukee • Mingled with freights are three types of passenger train operations: • Urban Commuter • Inter-City Service • Luxury Cruise Train • The art is to conceive infrastructure that supports both types of service Passenger Trains on a Freight Railway

5. CP Passenger Rail Business Model in North America Passenger Trains on a Freight Railway

6. PASSENGER SERVICE OPERATING ON CP IN UNITED STATES AND CANADA Various examples Passenger Trains on a Freight Railway

7. AMTRAK –The Midwest US and New York State • Empire Builder (384 miles) • Minneapolis - Chicago • 1 round trip per day • Hiawatha (85 miles) • Milwaukee - Chicago • 7 round trips per day • Adirondack (173 miles) • Rouses Pt - Schenectady • 1 round trip per day • Ethan Allen (61 miles) • Whitehall – Schenectady • 1 round trip per day 20 Amtrak trains per day on CP Passenger Trains on a Freight Railway

8. WISCONSIN: Best Amtrak On Time Performance in US CP, Wisconsin DOT, and Amtrak working together Wisconsin Governor, Commissioning Infrastructure Improvement on CP Passenger Trains on a Freight Railway

9. GO Transit - Toronto • Milton - Toronto (32 miles) • 12 trips per weekday, peak hours CP locomotive engineer driving from cab car Photo: David L. Brook Passenger Trains on a Freight Railway

10. Public benefits of commuter rail GO Transit moves as many people as 48 highway lanes of traffic in peak hours Passenger Trains on a Freight Railway

11. West Coast Express - Vancouver North America’s most on-time commuter rail service • 43 miles Mission - Vancouver • 10 trips per weekday, peak hours Passenger Trains on a Freight Railway

12. Ride quality and service amenities West Coast Express Photo: EMI Bi Level Commuter Car - Spacious West Coast Express “Cyclists Welcome” West Coast Express – Cappuccino car Passenger Trains on a Freight Railway

13. Agence métropolitaine de transport (AMT)- Montreal • Three Routes to Downtown: 98 miles • Dorion 42 miles • Candiac 16 miles • St-Jerôme 40 miles • 53 trips per weekday – peak and offpeak • 14 trips - weekend CP OPERATING MONTREAL COMMUTER TRAINS SINCE 1887 Passenger Trains on a Freight Railway

14. Rocky Mountaineer Vacations A luxury train ‘cruise’ to discover a unique part of the continent Calgary – Kamloops - Vancouver Passenger Trains on a Freight Railway

15. PASSENGER INITIATIVES Passenger Trains on a Freight Railway

16. SOO LINE INITIATIVES WISCONSIN • Working with Wisconsin DOT on replacement of jointed rail with welded on C&M Subdivision • Application to US Coast Guard in support of permanent ES closure of CP Burnham Canal moveable bridge. • Talgo train rental of CP Milwaukee Depot land for Amtrak equipment maintenance • Facility village agreement for private car storage at Milwaukee Depot ILLINOIS • Working with all parties on capacity needs to increase Chicago – Milwaukee Amtrak service MINNESOTA • CP guide Red Rock Corridor and eventuality of St-Paul Union Depot revitalization MINNESOTA St Paul WISCONSIN Milwaukee Chicago ILLINOIS Passenger Trains on a Freight Railway

17. We encourage Transit Oriented Development (TOD) Photo by Steve Pierce Sturtevant, Wisconsin – August 2006 Passenger Trains on a Freight Railway

18. EASTERN CANADIAN NETWORK INITIATIVES AGENCE MÉTROPOLITAINE DE TRANSPORT (AMT) QUEBEC Montreal NEW YORK Passenger Trains on a Freight Railway

19. Infrastructure for shared freight and passenger use St-Jerome, Quebec, December 2006 Cooksville, Ontario, October 2006 Passenger Trains on a Freight Railway

20. New York State Passenger Service Working with Amtrak and NY DOT to improve Service A Passenger Public Private Partnership: Passenger Trains on a Freight Railway

21. I-87 CORRIDOR NY CITY - MONTREAL Passenger Trains on a Freight Railway

22. CP & THE I-87 CORRIDOR • Linking Eastern Canada with Northeast U.S. population centers the I-87 corridor is a major conduit for freight and people • It provides direct access between Montreal, New York and Philadelphia • Freight: • The Champlain border crossing is one of the busiest in North America • CP alone handles over 61,000 revenue loads per year over it • CP is host to Amtrak: • Adirondack - New York City to Montreal btw Schenectady & Rouses Point • Ethan Allen – New York City to Rutland btw Schenectady & Whitehall • Paralleling I-87 the CP Canadian Mainline was recognized by NYSDOT as a priority North/South corridor for trade and passenger movements. • Service over the Canadian Main has been a challenge. The State’s ongoing support has been a vital element of its survival through many crises and CPR values its partnership with New York. Passenger Trains on a Freight Railway

23. PPP 2003 - 2005 • Between 2003-2005, a PPP with NY State enabled a $20 million improvement program on the rail network between the border and Saratoga. • The scope: • $5.3 M - Improvements to rail & signal • $5.9 M – New Saratoga Passenger Station • $3.4 M – Second Generation Double Stack Clearances • $2.7 M – Improved Signal & Communications • $2.0 M – Sale of the Adirondack Branch • $1.3 M – Saratoga Crossovers and track rehab Passenger Trains on a Freight Railway

24. PPP 2006 - 2009 Despite the improvements brought about by the prior program increasing GTM’s over the line brought about increased deterioration. Most significant areas of concern in the corridor were: • Need for track rehabilitation on 68 miles of old, light, jointed rail • Need for more and longer sidings to handle new traffic, longer and more frequent trains and avoid passenger conflicts In 2006 CP and NY DOT embarked on another PPP • For every $ CP put into the Canadian Main for new welded rail NY would match it. • Since that time over $20 M in new welded rail has been installed This program installed close to 50 miles of 68 miles noted above. It brought about the additional benefit of freeing up CP capital $ which allowed us to construct a new 10,000’ siding at Rockland, NY and extend the Rouses Point siding from 5,000’ to 11,000’. Thus addressing much of our capacity issues. We are currently working with Amtrak on the service issues. Increased focus coupled with these infrastructure improvements will make a big difference Passenger Trains on a Freight Railway

25. Canadian Pacific values our relationships with the various agencies, Amtrak and Via. We look forward to working together in the future. Thank you. Passenger Trains on a Freight Railway