The CPR received $25 million dollars and 25 million acres of Crown land from the federal government, to build the transcontinental railway.
The SUBSIDIARY LANDS were given to the CPR to deal with as they saw fit.
The REVERSIONARY LANDS were granted solely for railway purposes, reverting to the Crown should they cease to be used for those purposes.
Instead of returning reversionary land back to the Crown, the CPR created MARATHON REALTY. Marathon Realty acquired millions of acres of land, train stations, rights-of-way, railway lines, warehouses, roundhouses...A 125-acre CPR manufacturing and repair shop in Montreal, the Angus Shops, is now a very high-density condo, apartment and townhouse development.
Former British Columbia premier Gordon Campbell is sometimes called "The Marathon Man" because he was a Marathon real estate executive. The other Marathon Man was actor Dustin Hoffman:
|Marathon Man, a 1976 movie.|
A multinational corporation called Fairmont Hotels and Resorts is the owner of most of Canada's CPR hotels and castles:
The Algonquin, St. Andrews, New Brunswick.
The Chateau Frontenac, Quebec City, Quebec.
The Chateau Montebello, Montebello, Quebec.
The Royal York Hotel, Toronto, Ontario.
The Palliser Hotel, Calgary, Alberta.
The Chateau Lake Louise, Lake Louise, Alberta.
The Banff Springs Hotel, Banff, Alberta.
The Empress Hotel, Victoria, British Columbia.
The Hotel Vancouver, Vancouver, British Columbia.
Samuel de Champlain built a fort on the site where the Chateau Frontenac Hotel is now located. The fort was built on high ground, to protect the property from invaders. But high ground could not protect the Chateau Frontenac from a foreign invasion, created by the privatization of railway property.
|The Chateau Frontenac Hotel in Quebec City, Quebec.|
Canadian troubadour Gordon Lightfoot wrote and sang "Canadian Railroad Trilogy" about the building of the CPR, and many YouTube videos feature the song.
Many books have been written about the Canadian Pacific Railway:
The National Dream (1970) and The Last Spike (1971) by Pierre Berton.
Steel of Empire: The Romantic History of the Canadian Pacific, the Northwest Passage of Today (1935) by J.M. Gibbon.
A History of the Canadian Pacific Railway (1923) by H.A. Innis.
History of the Canadian Pacific Railway (1977) by W. Kaye Lamb.
Canadian Pacific: A Brief History (1968) by J.L. McDougall.
(From: The Canadian Encyclopedia by Hurtig Publishing, 1985).
The Marathon Realty property portfolio included:
Metro Centre in Toronto.
Citibank Place in Toronto.
Atria Phase 1,11,111 in Toronto.
100 boulevard Rene Levesque in Montreal.
Place Laurier in Quebec City.
Dufferin Mall in Toronto.
Orchard Park in Kelowna, British Columbia.
Northland Village in Calgary.
Southtown lands in Toronto.
Coal Harbour in Vancouver.
Wentworth in Montreal.
The Yonge/Summerhill lands in Toronto.
Windsor Station, CPR real estate in Montreal, was sold via a Privy Council Order-in-Council:
|Windsor Station entrance.|
Canadian Pacific Railway land is rich in natural resources. This is what MP John Soloman said about Canadian Pacific Limited and Marathon Realty in the House of Commons, Parliament Buildings, Ottawa Ontario: