Glass Lewis Responds to Assertions Made by the U.S. Chamber of Commerce PR Newswire SAN FRANCISCO, June 1, 2012 - Glass Lewis holds itself to the highest standards of transparency and independence SAN FRANCISCO, June 1, 2012 /PRNewswire/ -- On May 30, 2012, the U.S. Chamber of Commerce and the Center for Capital Markets Competitiveness ("CCMC") sent a letter to the Securities and Exchange Commission ("SEC") questioning whether the vote recommendations issued by Glass, Lewis & Co. for the 2012 Canadian Pacific Railway Limited ("CP") contested meeting were independent from the influence of its parent, the Ontario Teachers' Pension Plan ("OTPP"). Glass Lewis refutes the assertions made by the Chamber of Commerce and CCMC in their letter to the SEC. Glass Lewis is a leading, independent, governance analysis and proxy voting firm, serving institutional investors globally that collectively manage more than $15 trillion in assets. With research focused on the long-term impact of proxy voting decisions, Glass Lewis provides institutional investors with the research, data and tools that help them make sound voting decisions by uncovering and assessing governance, business, legal, political and accounting risks at public companies worldwide. Since 2007, Glass Lewis has been a wholly-owned subsidiary of Ontario Teachers' Pension Plan ("OTPP"), which, as a fiduciary, manages $117 billion (Canadian) on behalf of 300,000 current and retired teachers in Ontario.