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National Transcontinental Railway
The National Transcontinental Railway (NTR) was a historic railway between Winnipeg, Manitoba, and Moncton, New Brunswick, in Canada. Much of the line is now operated by the Canadian National Railway. The Grand Trunk partnership The completion of construction of Canada's first transcontinental railway, the Canadian Pacific Railway (CPR) on November 7, 1885, preceded a tremendous economic expansion and immigration boom in western Canada during the late 19th and early 20th centuries, but the monopolistic policies of the CPR, coupled with its southerly routing (new scientific discoveries were pushing the northern boundary of cereal crops), led to increasing western discontent with the railway and federal transportation policies. The federal government had encouraged the Grand Trunk Railway (GTR) system in the 1870s to consider building the transcontinental rail line. During the same time, a government survey party under the direction of Sandford Fleming set out across Canada to sur ...
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New Brunswick
New Brunswick is a Provinces and Territories of Canada, province of Canada, bordering Quebec to the north, Nova Scotia to the east, the Gulf of Saint Lawrence to the northeast, the Bay of Fundy to the southeast, and the U.S. state of Maine to the west. It is part of Eastern Canada and is one of the three Maritime Canada, Maritime provinces and one of the four Atlantic Canada, Atlantic provinces. The province is about 83% forested and its northern half is occupied by the Appalachians. The province's climate is continental climate, continental with snowy winters and temperate summers. New Brunswick has a surface area of and 775,610 inhabitants (2021 census). Atypically for Canada, only about half of the population lives in urban areas - predominantly in Moncton, Saint John, New Brunswick, Saint John and Fredericton. In 1969, New Brunswick passed the New Brunswick Official Languages Act (1969), Official Languages Act which began recognizing French as an official language, along ...
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Rogers Pass (British Columbia)
Rogers Pass is a high mountain pass through the Selkirk Mountains of British Columbia, but the term also includes the approaches used by the Canadian Pacific Railway (CP) and the Trans-Canada Highway. In the heart of Glacier National Park (Canada), Glacier National Park, this National Historic Sites of Canada, National Historic Site has been a tourist destination since 1886. Topography Rogers Pass is the lowest route between the Sir Donald and Hermit ranges of the Selkirks, providing a shortcut along the southern perimeter of the Big Bend Country, Big Bend of the Columbia River from Revelstoke, British Columbia, Revelstoke on the west to Donald, British Columbia, Donald, near Golden, British Columbia, Golden, on the east. The pass is formed by the headwaters of the Illecillewaet River to the west and by the Beaver River (Columbia River), Beaver River to the east. These rivers are tributaries of the Columbia, which arcs to the north. Railway Proposal & planning During the 1870 ...
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Financial Risk
Financial risk is any of various types of risk associated with financing, including financial transactions that include company loans in risk of default. Often it is understood to include only downside risk, meaning the potential for financial loss and uncertainty about its extent. Modern portfolio theory initiated by Harry Markowitz in 1952 under his thesis titled "Portfolio Selection" is the discipline and study which pertains to managing market and financial risk. In modern portfolio theory, the variance (or standard deviation In statistics, the standard deviation is a measure of the amount of variation of the values of a variable about its Expected value, mean. A low standard Deviation (statistics), deviation indicates that the values tend to be close to the mean ( ...) of a portfolio is used as the definition of risk. Types According to Bender and Panz (2021), financial risks can be sorted into five different categories. In their study, they apply an algorith ...
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Moncton, New Brunswick
Moncton (; ) is the most populous city in the Canadian province of New Brunswick. Situated in the Petitcodiac River Valley, Moncton lies at the geographic centre of the Maritime Provinces. The city has earned the nickname "Hub City" because of its central inland location in the region and its history as a railway and land transportation hub for the Maritimes. As of the 2024 Statistics Canada estimates, the city had a population of 97,523. The metropolitan population in 2024 was 188,036, making it the fastest growing census metropolitan area (CMA) in Canada for the year with a growth rate of 5.1%. Its land area is . Although the Moncton area was first settled in 1733, Moncton was officially founded in 1766 with the arrival of Pennsylvania German immigrants from Philadelphia. Initially an agricultural settlement, Moncton was not incorporated until 1855. It was named for Lt. Col. Robert Monckton, the British officer who had captured nearby Fort Beauséjour a century earlier. ...
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Quebec, Quebec
Quebec City is the capital city of the Provinces and territories of Canada, Canadian province of Quebec. As of July 2021, the city had a population of 549,459, and the Census Metropolitan Area (including surrounding communities) had a population of 839,311. It is the twelfthList of the largest municipalities in Canada by population, -largest city and the seventh-List of census metropolitan areas and agglomerations in Canada, largest metropolitan area in Canada. It is also the List of towns in Quebec, second-largest city in the province, after Montreal. It has a humid continental climate with warm summers coupled with cold and snowy winters. Explorer Samuel de Champlain founded a French settlement here in 1608, and adopted the Algonquin name. Quebec City is one of the List of North American cities by year of foundation, oldest European settlements in North America. The Ramparts of Quebec City, ramparts surrounding Old Quebec () are the only fortified city walls remaining in the ...
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Prince Rupert, British Columbia
Prince Rupert is a port city in the province of British Columbia, Canada. It is located on Kaien Island near the Alaskan panhandle. It is the land, air, and water transportation hub of British Columbia's North Coast, and has a population of 12,300 people as of 2021. History Coast Tsimshian (Ts'msyen) occupation of the Prince Rupert Harbour area spans at least 5,000 years. About 1500 B.C. there was a significant population increase, associated with larger villages and house construction. The early 1830s saw a loss of Coast Tsimshian (Ts'msyen) influence in the Prince Rupert Harbour area. Founding Prince Rupert replaced Port Simpson as the choice for the Grand Trunk Pacific Railway (GTP) western terminus. It also replaced Port Essington, away on the southern bank of the Skeena River, as the business centre for the North Coast. The GTP purchased the First Nations reserve, and received a grant from the BC government. A post office was established on November 23, 1906. Surv ...
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Wilfrid Laurier
Sir Henri Charles Wilfrid Laurier (November 20, 1841 – February 17, 1919) was a Canadian lawyer, statesman, and Liberal politician who served as the seventh prime minister of Canada from 1896 to 1911. The first French Canadians, French Canadian prime minister, his 15-year tenure remains the longest uninterrupted term of office among Canadian prime ministers and his nearly 45 years of service in the House of Commons of Canada, House of Commons is a record for the House. Laurier is best known for his compromises between English Canada, English and French Canada. Laurier studied law at McGill University and practised as a lawyer before being elected to the Legislative Assembly of Quebec in 1871 Quebec general election, 1871. He was then elected as a Member of Parliament (Canada), member of Parliament (MP) in the 1874 Canadian federal election, 1874 federal election. As an MP, Laurier gained a large personal following among French Canadians and the Québécois people, Québ� ...
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Montreal
Montreal is the List of towns in Quebec, largest city in the Provinces and territories of Canada, province of Quebec, the List of the largest municipalities in Canada by population, second-largest in Canada, and the List of North American cities by population, ninth-largest in North America. It was founded in 1642 as ''Fort Ville-Marie, Ville-Marie'', or "City of Mary", and is now named after Mount Royal, the triple-peaked mountain around which the early settlement was built. The city is centred on the Island of Montreal and a few, much smaller, peripheral islands, the largest of which is Île Bizard. The city is east of the national capital, Ottawa, and southwest of the provincial capital, Quebec City. the city had a population of 1,762,949, and a Census geographic units of Canada#Census metropolitan areas, metropolitan population of 4,291,732, making it the List of census metropolitan areas and agglomerations in Canada, second-largest metropolitan area in Canada. French l ...
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Toronto
Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a population of 2,794,356 in 2021, it is the List of North American cities by population, fourth-most populous city in North America. The city is the anchor of the Golden Horseshoe, an urban agglomeration of 9,765,188 people (as of 2021) surrounding the western end of Lake Ontario, while the Greater Toronto Area proper had a 2021 population of 6,712,341. As of 2024, the census metropolitan area had an estimated population of 7,106,379. Toronto is an international centre of business, finance, arts, sports, and culture, and is recognized as one of the most multiculturalism, multicultural and cosmopolitanism, cosmopolitan cities in the world. Indigenous peoples in Canada, Indigenous peoples have travelled through and inhabited the Toronto area, ...
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Vancouver
Vancouver is a major city in Western Canada, located in the Lower Mainland region of British Columbia. As the List of cities in British Columbia, most populous city in the province, the 2021 Canadian census recorded 662,248 people in the city, up from 631,486 in 2016. The Metro Vancouver area had a population of 2.6million in 2021, making it the List of census metropolitan areas and agglomerations in Canada#List, third-largest metropolitan area in Canada. Greater Vancouver, along with the Fraser Valley, comprises the Lower Mainland with a regional population of over 3million. Vancouver has the highest population density in Canada, with over , and the fourth highest in North America (after New York City, San Francisco, and Mexico City). Vancouver is one of the most Ethnic origins of people in Canada, ethnically and Languages of Canada, linguistically diverse cities in Canada: 49.3 percent of its residents are not native English speakers, 47.8 percent are native speakers of nei ...
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Donald Mann
Sir Donald Daniel Mann (March 23, 1853 – November 10, 1934), who was also referred to as "Dan" or "D.D." before his knighthood, was a Canadian railway contractor and entrepreneur. Biography Born at Acton, Canada West, Mann studied as a Methodist minister but worked in lumber camps in Parry Sound District and Michigan for eight years before moving to Winnipeg, Manitoba, in 1879. During the 1880s he worked as a contractor for the Canadian Pacific Railway under James Ross and Herbert Samuel Holt, building sections of rail across the prairies and through the Rocky Mountains. Partnering with William Mackenzie in 1886, Mann built railway lines in Western Canada, Maine, and Chile. They also went to China to pursue opportunities, but found the red tape there too great an obstacle to overcome. While there, he was challenged to a duel by a Russian count, who later withdrew when Mann advised him that he would choose to use the broadaxe, claiming it to be Canada's national weapon. B ...
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Sir William Mackenzie
Sir William Mackenzie (October 17, 1849 – December 5, 1923) was a Canadian railway contractor and entrepreneur. Born near Peterborough, Canada West (now Ontario), Mackenzie became a teacher and politician before entering business as the owner of a sawmill and gristmill in Kirkfield, Ontario. He entered the railway business as a contractor under civil engineer James Ross, working on projects in Ontario, British Columbia, Maine, and the North-West Territories (present-day Saskatchewan and Alberta) between 1874 and 1891. In partnership with his mentor James Ross, Mackenzie became owner of the Toronto Street Railway (precursor to the Toronto Transit Commission) in 1891 and in 1899, helped found the precursor to Brazilian Traction, for which he was the first chairman. In 1895, together with Donald Mann, Mackenzie began to purchase or build rail lines in the Canadian prairies, which would form the Canadian Northern Railway (CNoR), a company that would stretch from Vancouver Is ...
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