MGMT 1030 Lecture Notes - Lecture 37: Canadian Northern Railway

MGMT 1030
Lecture 37
1) Continued Railway Expansion
➢ Canadian Northern Railway
➢ Chartered in 1899
➢ Expanded from a regional system of rail lines on the Prairies
➢ Grand Trunk Pacific
➢ Chartered in 1903
➢ By 1903, Canada has three railways under construction
➢ Merged with the Canadian Northern in 1920
➢ Canadian railway mileage increased from 17,800 miles in 1900
to 40,000 miles in 1914
➢ All major transcontinental railways experienced significant
financial problems
2) The Prairie Wheat Boom
➢ Prairie population increased from 250,000 in 1891 to 1.3 million
in 1911
➢ Dominion government granted 118 million acres of Prairie land
before 1930
➢ The biggest period of immigration – the PM wanted to attract
eastern European immigrants bc they would be able to withstand the
horrible conditions of the west
➢ In 1913, more than 400,000 immigrants landed in Canada
➢ 70% of these grants occurred between 1900 and 1914
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Document Summary
Expanded from a regional system of rail lines on the prairies. By 1903, canada has three railways under construction. Canadian railway mileage increased from 17,800 miles in 1900 to 40,000 miles in 1914. All major transcontinental railways experienced significant financial problems: the prairie wheat boom. Prairie population increased from 250,000 in 1891 to 1. 3 million in 1911. Dominion government granted 118 million acres of prairie land before 1930. The biggest period of immigration the pm wanted to attract eastern european immigrants bc they would be able to withstand the horrible conditions of the west. In 1913, more than 400,000 immigrants landed in canada. 70% of these grants occurred between 1900 and 1914. Canada"s share of the international wheat trade increased from. New cultivation techniques and technical change allowed the. Prairie wheat economy to flourish: resources and manufacturing. Average duty of 23% in 1879, 32% in 1891, and 27% in 1903. Reciprocity treaty with the united states rejected in 1911.