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In response to public concerns fearing loss of key transportation links, the government of Canada assumed majority ownership of the near bankrupt Canadian Northern Railway (CNo R) on September 6, 1918, and appointed a "Board of Management" to oversee the company.At the same time, CNo R was also directed to assume management of Canadian Government Railways (CGR), a system comprising the Intercolonial Railway of Canada (IRC), National Transcontinental Railway (NTR), and the Prince Edward Island Railway (PEIR), among others.On December 20, 1918, the federal government created the Canadian National Railways (CNR) – a title only with no corporate powers – through a Canadian Privy Council Order in Council as a means to simplify the funding and operation of the various railway companies.The absorption of the Intercolonial Railway would see CNR adopt that system's slogan The People's Railway.In my spare time I like going for coffee, going to movies, etc.I am quite shy when it comes to meeting people for the first time, especially women.
On November 17, 1995, the federal government privatized CN.
The Canadian National Railway was organized on October 10, 1922.
Finally, the bankrupt GTR itself was placed under the care of a federal government "Board of Management" on May 21, 1920, while GTR management and shareholders opposed to nationalization took legal action.
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CN is Canada's largest railway, in terms of both revenue and the physical size of its rail network, and is Canada's only transcontinental railway company, spanning Canada from the Atlantic coast in Nova Scotia to the Pacific coast in British Columbia.