CP donates $100,000 to Canadian Red Cross to support recovery efforts in B.C., will match employee donations until end of year

Rhea-AI Summary

Canadian Pacific (TSX: CP) has pledged $100,000 to the Canadian Red Cross to aid recovery efforts for the 2021 British Columbia Floods. This contribution supports residents affected by extreme weather and helps provide essential supplies. CP President Keith Creel emphasized the importance of assisting those in need while restoring the rail network. Additionally, CP will match employee donations to the Red Cross, encouraging support from employees across Canada and the United States. The company has also facilitated food deliveries and aid for local communities impacted by the disaster.

Positive

• Donation of $100,000 to Canadian Red Cross for flood recovery efforts.
• Matching employee donations to further support disaster relief.
• Direct assistance provided to local communities affected by flooding.

Negative

• None.

CALGARY, AB, Nov. 23, 2021 /PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) announced today that it will donate $100,000 to the Canadian Red Cross to support the 2021 British Columbia Floods and Extreme Weather appeal.

"While working tirelessly to restore our rail network, we have never lost sight of the impact this disaster is having on the people who call B.C. home," said Keith Creel, CP President and Chief Executive Officer. "We hope that this contribution will support the Canadian Red Cross efforts to aid residents in immediate need of shelter, food and other essentials in wake of this disaster and help residents as they rebuild."

Additionally, CP will match employee donations made to the Canadian Red Cross in support of disaster relief in the province, and encourages employees in Canada and the United States to continue donating to help residents.

Since the Nov. 14 rain storms, CP teams also have helped organize food delivery to the Spuzzum First Nation, secured 10 portable generators to be delivered to the Cooks Ferry First Nation and arranged meals, milk and baby formula for the Boston Bar Food Bank.

About Canadian Pacific
Canadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides 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 CP.

 

View original content:https://www.prnewswire.com/news-releases/cp-donates-100-000-to-canadian-red-cross-to-support-recovery-efforts-in-bc-will-match-employee-donations-until-end-of-year-301430870.html

SOURCE Canadian Pacific

FAQ

What is Canadian Pacific's donation for the 2021 British Columbia Floods?

Canadian Pacific has donated $100,000 to the Canadian Red Cross to support recovery efforts from the 2021 British Columbia Floods.

Is Canadian Pacific matching employee donations to the Canadian Red Cross?

Yes, Canadian Pacific is matching employee donations to the Canadian Red Cross until the end of the year.

How has Canadian Pacific assisted affected communities in British Columbia?

Canadian Pacific has facilitated food deliveries and provided essential items to local communities affected by the flooding.

What has Canadian Pacific's President said about the flood recovery efforts?

Keith Creel, CP President, stated that the company is focused on supporting the people of B.C. while restoring their rail network.

When did the donation from Canadian Pacific occur?

The donation was announced on November 23, 2021.