ADMS 1010 Study Guide - Imperial Preference, E. Hunter Harrison, Canadian Pacific Railway
Document Summary
The article below describes the battle for control for cp rail. a group of cp investors believes that the company is underperforming. They want to fire the ceo and fire former cn ceo hunter harrison. Harrison believes has can turn around his former business competitor, canadian pacific railways. In 1916, prime minister of canada robert borden faced a similar situation. How was he to deal with numerous underperforming railways in canada: using the case the creating of the cnr, describe what forces lead to the railway crisis faced by prime minister borden in 1916. Three transcontinental railways with a population less than 7. 5 million, which leads to overcapacity, not economic sustainable. 2, capital cost turnover: war time, sales goes down. 4, government have already had an equity position of 40% in cnr and taken over on of the subsidiary line from gt.