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April 1, 2024
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9h 22min, nov 7, 1885 y - Pacific Railway

Description:

The Canadian Pacific Railway, between 1968 and 1996, is a historic Canadian Class I railroad organized in 1881. This railroad is owned by Canadian Pacific Railway Limited, which began performances as legitimate owner in a corporate restructuring in 2001.

Headquartered in Calgary, Alberta, it holds nearly 20,000 kilometres of the track throughout Canada and into the United States. It was stretching from Montreal to Vancouver, and as far north as Edmonton. Its rail system also helps Minneapolis-St. Paul, Milwaukee, Detroit, Chicago, and New York City in the United States.

The Canadian Pacific railway was basically built between Eastern Canada and British Columbia between 1881 and 1885, achieving a promise spread to British Columbia when it joined Confederation in 1871. It was Canada's first cross-country railway, however5 no longer reaches the Atlantic coast. Primarily a freight railway, the CPR was for decades the only possible midpoints of long-distance passenger transport in most regions of Canada. It was necessary for the settlement and growth of Western Canada. The CPR became one of the greatest and most powerful companies in Canada. It a position held as modern as 1975. Its primary passenger services were eliminated in 1986, after being considered by Via Rail Canada in 1978. A beaver was chosen as the railway's logo because it is the national symbol of Canada. It was also seen as describing the hardworking character of the company.

The company received two American lines in 2009, it was the Dakota, Minnesota & Eastern Railroad and the Iowa, Chicago & Eastern Railroad. The trackage of the IC&E was at one time part of CP subsidiary Soo Line and predecessor line The Milwaukee Road. The combined DME/ICE system spanned North Dakota, South Dakota, Minnesota, Wisconsin, Nebraska and Iowa, as well as two short stretches into two other states, which added a line to Kansas City, Missouri. Also a line to Chicago, Illinois, and regulatory approval to build a line into the Powder River Basin of Wyoming. It is publicly sold on both the Toronto Stock Exchange and the New York Stock Exchange under the ticker CP. Its U.S. headquarters are in Minneapolis.

By Tahera

Added to timeline:

1 Feb 2018
0
0
926
Canadian History

Date:

9h 22min, nov 7, 1885 y
Now
~ 138 years ago

Images:

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