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The Canadian Pacific Railway (French: Chemin de fer Canadien Pacifique) (reporting marks CP, CPAA, MILW, SOO), also known simply as CPR or Canadian Pacific and formerly as CP Rail (1968–1996), is a Canadian Class I railway incorporated in 1881.
- Indigenous Lands
- National Imperative
- Construction
- Developing Business
- Hotels
- Rail Construction
- Mining
- Fleet
- Expansion and Competition
- Second World War
In 1870, the newly created nation of Canada acquired Rupert’s Land from the Hudson’s Bay Company, an enormous tract of land stretching north and west. One year later, British Columbia entered Confederation based in part on the promise that a transcontinental railway would connect it to the rest of Canada within 10 years (see Railway History). In or...
Competition for the lucrative transcontinental railway contract was bitter. In 1872, shipping magnate and railway promoter Sir Hugh Allan was awarded the charter. However, Allan had also contributed around $350,000 to the Conservativeparty’s election campaign. When this became public knowledge in 1873, Sir John A. Macdonald 's government was forced...
Under the management of W.C. Van Horne, construction was rapidly pressed across the plains. Sandford Fleming had recommended a route through the Yellowhead Pass but a more southerly route through Kicking Horse Pass was decided upon in 1881. Construction through the rock and muskeg of the Canadian Shield almost equalled in difficulty the engineering...
During construction, the CPR became involved in the sale and settlement of land (1881), the acquisition of the Dominion Express Company (1882) and the acceptance of commercial telegraph messages (1882). The company provided its own sleeping and dining cars on trains and constructed tourist hotels (e.g., at Lake Louise, Alberta) and dining halls alo...
By 1900, the mountain hotel system had expanded into the major cities, led by the Hotel Vancouver (1887), Québec's Château Frontenac (1893) and Montreal's Place Viger (1898) ( see Hotel; Tourism). Other services expanded simultaneously. A line was opened (1889) across northern Maine from Montréal to Saint John, giving the CPR direct access to an al...
Attempts to capture traffic from the western American states were made with the construction of a line to North Dakota (1893) and the eventual consolidation of what is now the Soo Line Railroad Company in the United States. Branch lines were greatly extended to feed traffic to the East-West main line. Rapid settlement followed construction of branc...
Expansion into the Kootenay mining region of southern British Columbia (1898) involved the acquisition of a railway charter that included a smelter at Trail, BC. This was the nucleus of the CPR's involvement in mining and metallurgy, formalized by the formation of Cominco Limited in 1906, a CP-controlled company (in 2001, Cominco was acquired by Te...
The CPR’s Pacific fleet was improved and, in 1903, the company purchased the Beaver Line shipping company and opened service in the North Atlantic. In 1909, CPR purchased the long-established Allan Line, and formed Canadian Pacific Ocean Services in 1914–5. After 1921, it became known as Canadian Pacific Steamships Limited.
Between 1899 and 1913, the CPR increased its trackage from approximately 11,200 km to 17,600 km. More than half of the new track was in the Prairie provinces, and it was intended both to provide branch lines into areas of need and to ensure that the CPR would remain competitive in relation to the developing transcontinental lines of the Canadian No...
Despite this massive, government-supported competition, CPR survived as a commercial enterprise. During the Second World War it provided not only transportation, but also the production of armaments and materiel in its own shops. During the conflict, much of its merchant fleet was commandeered for military transport purposes, resulting in the loss ...
Sep 18, 2023 · Published Sep 18, 2023. 7 min read. The historic Canadian Pacific Railway is more than 130 years old. This iconic train line traverses the Canadian Rockies and sweeping prairie fields. Built between 1881 and 1886, the railway connects Canada from coast to coast. Table of contents. Canadian Pacific Railway History and Timeline.
2 days ago · 1881 - present. Ticker: CP. Share price: $79.83 (mkt close, May. 24, 2024) Market cap: $74.46 bil. Annual revenue: $13.81 bil. Earnings per share (prev. year): $2.87. Sector: Energy & Transportation. Industry: Transportation. CEO: Keith Creel. Recent News.
Canadian Pacific Railway. Introduction. A modern-day fixture of commerce and transportation in Canada, the Canadian Pacific Railway’s beginnings as the country’s first transcontinental railway have been told and retold by numerous authors in a variety of mediums.
Jul 6, 2021 · Canadian Pacific Railway, known as CP today, is one of Canada’s most significant companies. It remains one of the most important systems of transportation for the Canadian economy. Every day, CP transports countless varieties of commodities across the nation. (This article is a plain-language summary of the CPR.
CPKC was born from the combination of two iconic railroads – Canadian Pacific and Kansas City Southern. Founded in 1881, Canadian Pacific Railway was formed to unite Canada from coast to coast and grew to reach the U.S. Midwest and beyond with direct links to major ports on the west and east coasts.
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