Canadian Pacific Railway
The Canadian Pacific Railway company (CPR) was incorporated in 1881. Its original purpose was the construction of a transcontinental railway, a promise to British Columbia upon its entry into Confederation (see Railway History). The railway — completed in 1885 — connected Eastern Canada to British Columbia and played an important role in the development of the nation. Built in dangerous conditions by thousands of labourers, including 15,000 Chinese temporary workers, the railway facilitated communication and transportation across the country. Over its long history, the Canadian Pacific Railway diversified its operations. The company established hotels, shipping lines and airlines, and developed mining and telecommunications industries (see Shipping Industry; Air Transport Industry). In 2001, Canadian Pacific separated into five separate and independent companies, with Canadian Pacific Railway returning to its origins as a railway company. CP, as it is branded today, has over 22,500 km of track across Canada and the United States. It is a public company and it trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol CP. In 2020, CP reported $7.71 billion in total revenues.
This is the full-length entry about the Canadian Pacific Railway. For a plain-language summary, please see The Canadian Pacific Railway (Plain-Language Summary).