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Both cnr and gtr had week to non existent feeder

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Both CNR and GTR had week to non-existent feeder systems in large parts of their territory. Both GTR and CNR were heavily reliant on debt for financing; CPR was the only moneymaking railway in the time. CN Today: The most Efficient Carrier in North America 1923 was the first year of consolidation The CN was burdened with substantial long-term debt and was regarded as a dubious business venture. Year after year the company required huge subsidies to keep operating 1992 the PM Brian Mulroney and conservative government appointed Paul Tellier as the president and CEO of CN and privatized the company. 1998 CN acquired Illinois Central, three years later Wisconsin Central, recently Great Lakes Transportation and BC Rail Bill Gates is the largest shareholder of CN today CN is one of Canada’s most important companies, not only the largest railway, but also the most efficient of the six major North America freight railroads with significant free cash flow. Week 5: The role of trade policy in the rise of Canadian automobile industry
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Henry Ford’s assembly line revolutionized the way labour worked and level of production that could be achieved which is mass production for mass consumption. The early automotive industry in Canada Canadian industry flourished because of national policy with its protective tariffs that was adopted by sir john a McDonald in late 1870 and the imperial preference introduced by sir Wilfred Laurier in late 1890s These two policies allowed Canada to develop a domestic auto manufacturing industry under the protective tariffs and take advantage of preferential treatment for exports to British empire Public policy decision influenced automotive companies’ (although they are private sector competitor) operation and establishment in Canada Manufacturing and government policy In addition to vehicle production Canada plays a major role in auto supply chain as well (one of the reasons of Canadian automotive industry’s success is universal health care system) Canada policy of high tariffs was the reason why ford gave McGregor the license to build ford cars in Canada The tariff policy made it necessary for U.S based auto makers to set up production in Canada The rise of the automobile industry in Canada 1904 Canadian Auto industry was born when Ford licensed the right to manufacture and sell its vehicle in Canada to Gordon McGregor 1920 Ford became the largest automotive enterprise in the British Empire McLaughlin from Oshawa got license with Buick- the ‘McLaughlin’ which contains a American Buick build engine and Canadian designed bodies. The incentive for the Americans to license Canadian automakers was to overcome Canadian tariffs wall on goods produced in the US Some of other reasons that Americans felt to give license to Canada was B/C 1. They already had existing plants to manufacture horse-drawn buggies and carriages. Retooling to car manufacturing plant would be faster and cheaper than building a new plant in
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Both CNR and GTR had week to non existent feeder systems in...

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