Building the National Railways (1851 - 1885)

An Act to confirm the purchase by the Dominion of a portion of the Grand Trunk Railway and the agreement made with the Grand Trunk Railway Company of Canada with respect thereto, 1880

Acte ratifiant l'achat par le gouvernement fédéral d'une partie du Grand Tronc de chemin de fer, ainsi que la convention conclue avec la compagnie du Grand Tronc de chemin de fer du Canada à ce sujet, 1880

Document Summary:

This act confirms the purchase agreement between the Grand Trunk Railway and the federal government, and formalizes minute details surrounding the takeover agreed to by both parties.

Essentially, the railway is to be purchased for $1.5 million by the Canadian government. The government is to take over the railway line forever and link it to the intercolonial system as a matter of public interest.