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This book analyzes the financial and operating record of the Canadian National Railway System in comparison with its private competitor, the Canadian Pacific Railway System. The author offers solutions to the problem posed by the uneconomic competition between the two rail lines.
This book analyzes the financial and operating record of the Canadian National Railway System in comparison with its private competitor, the Canadian Pacific Railway System. The author offers solutions to the problem posed by the uneconomic competition between the two rail lines.
Focusing on the historic controversies surrounding freight rates, Close Ties explores the ways in which Canadians tried to regulate the nation's first big business, the railways. Ken Cruikshank challenges earlier interpretations, concluding that the history of railway regulation in Canada is not a story of powerful business corporations using governments to subvert the people's interests, nor a tale of righteous people overcoming robber barons. Instead, he presents a more complex and engaging account of how governments tried to accommodate the equally selfish demands of divergent and conflicting interests in a competitive economy.