45
submitted 1 week ago by NENathaniel@lemmy.ca to c/canada@lemmy.ca
you are viewing a single comment's thread
view the rest of the comments
[-] Eiri@lemmy.ca 9 points 1 week ago

Wasn't it originally a huge public undertaking? It was my understanding that the rails and CN began their lives in public ownership before being privatized.

Did I misunderstand things?

[-] ikidd@lemmy.world 6 points 1 week ago* (last edited 1 week ago)

The railways were built privately for the most part, and eventually most of them defaulted on loans and became CN. Which I guess was public for a long time, but competed with a number of private operators still like CP. Via was a heavily subsidized passenger crown corp because nobody could make passenger service profitable.

this post was submitted on 15 Nov 2024
45 points (94.1% liked)

Canada

7224 readers
440 users here now

What's going on Canada?



Communities


๐Ÿ Meta


๐Ÿ—บ๏ธ Provinces / Territories


๐Ÿ™๏ธ Cities / Local Communities


๐Ÿ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


๐Ÿ’ป Universities


๐Ÿ’ต Finance / Shopping


๐Ÿ—ฃ๏ธ Politics


๐Ÿ Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 4 years ago
MODERATORS