A century of corporate welfare

by Robert Chodos

This is the amazing story of the most Canadian corporation of them all - the CPR. Born in 1880 with a silver spoon in its mouth - in the form of millions of acres of land, $25 million in cash and some existing railroad track thrown in - the CPR has carri

In 1880 the Canadian Pacific Railway was born with an enormously rich legacy--millions of acres of land, millions in cash and plenty of existing rail lines. From an auspicious beginning it grew immensely wealthy and powerful.

Robert Chodos, in an unorthodox company history, explains how the CPR did it. He shows how the Railway's growth came primarily as a result of continued favourable treatment from Ottawa, how it managed to avoid government takeover while receiving enormous public subsidies, how it continued to earn huge profits, and how it turned itself into a highly-diversified conglomerate involved in real estate, pulp and paper, mining, and oil as well as every form of transportation.

The CPR: A Century of Corporate Welfare is a sharp, uncompromising account of the rise to power of Canada's most iconic corporation.

About the Author

Robert Chodos

ROBERT CHODOS is an experienced author and translator who has published widely in the fields of Canadian business, politics, and transportation and of Quebec history. Among his most recent books are The Unmaking of Canada (1991), Lost in Cyberspace? (1997), and Paul Martin: A Political Biography (1998), all co-written with Rae Murphy and Eric Hamovitch, and all published by Lorimer.

Subjects (BISAC)

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