SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For the month of       January         , 2006

SHELL CANADA LIMITED 

(Translation of registrant's name into English)

400 4th Avenue S.W., Calgary, Alberta, T2P 0J4

(Address of principal executive offices)

(indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F)

Form 20-F o    Form 40-F þ

(indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

Yes o  No þ

 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, thereunto duly authorized.

		SHELL CANADA LIMITED
		Registrant
Date:  January 25, 2006
	By:	"S.L. COSMESCU"
		(Signature)
		S.L. COSMESCU, Assistant Secretary
		(Name and Title)

FOR IMMEDIATE RELEASE

WEDNESDAY, JANUARY 25, 2006

Shell Canada announces dividend

Calgary, Alberta - The Directors of Shell Canada Limited today declared a quarterly dividend of eleven cents ($0.11) per common share. The dividend will be payable March 15, 2006, to shareholders of record February 15, 2006.

Unless otherwise requested, dividends payable to shareholders with registered addresses in the United States will be converted into U.S. funds at the rate quoted for U.S. funds by the Bank of Canada at noon on the record date.

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For further information contact:

Jim Fahner

Manager, Investor Relations

Calgary, Alberta

(403) 691-2175