• CN, CV & GT

  • Discussion relating to the Canadian National, past and present. Also includes discussion of Illinois Central and Grand Trunk Western and other subsidiary roads (including Bessemer & Lake Erie and the Duluth, Missabe & Iron Range Railway). Official site: WWW.CN.CA
Discussion relating to the Canadian National, past and present. Also includes discussion of Illinois Central and Grand Trunk Western and other subsidiary roads (including Bessemer & Lake Erie and the Duluth, Missabe & Iron Range Railway). Official site: WWW.CN.CA

Moderators: Komachi, Ken V

  by b&m 1566
 
Were CN, CV and GT owned by a parent company or the same stock holders? I notice some of the engines and font of the lettering looks quite the same for the three railroads.
  by TomNelligan
 
Yes, the short answer is that the CN owned the CV and GT and they had a common paint scheme and logo concept going back to the steam era. CN also owned the Grand Trunk Western and the Duluth, Winnipeg & Pacific, which again had the same colors and logo style.

Until recent years Canadian National was a government-owned crown corporation that had been assembled by the Canadian government in the early 20th century from several financially-troubled railroads. One of them was the ancestral Grand Trunk Railway, a rather large Canadian-owned railroad which ran from Portland, Maine, to Chicago via Montreal, Toronto, and Detroit. Following its nationalization as part of CN, the US portions of the Grand Trunk's lines became US-incorporated subsidiaries. The Maine portion of the GT became the Grand Trunk that is now the StL&A, and the Michigan portion became the Grand Trunk Western. Meanwhile, the CV was already been owned by the GT at the time CN was created, so it came into the CN family with its parent.
  by Otto Vondrak
 
  by Ridgefielder
 
Actually, I have a feeling that the Grand Trunk Corporation remains the legal entity under which Canadian National operates in the United States, and as such is the paper owner of the Illinois Central, Wisconsin Central, EJ&E, GTW, etc.
  by Otto Vondrak
 
Ridgefielder wrote:Actually, I have a feeling that the Grand Trunk Corporation remains the legal entity under which Canadian National operates in the United States...
I am under the same impression.
  by atsf sp
 
Ridgefielder wrote:Actually, I have a feeling that the Grand Trunk Corporation remains the legal entity under which Canadian National operates in the United States, and as such is the paper owner of the Illinois Central, Wisconsin Central, EJ&E, GTW, etc.
I believe the US operations are the IC.
  by Otto Vondrak
 
atsf sp wrote:I believe the US operations are the IC.
Not quite correct. CN purchased IC in 1998/1999, but the IC is controlled by Grand Trunk.
  by GWoodle
 
Otto Vondrak wrote:
Ridgefielder wrote:Actually, I have a feeling that the Grand Trunk Corporation remains the legal entity under which Canadian National operates in the United States...
I am under the same impression.
Under the GTC banner,the Grand Trunk Western became operationally independent. GTW locos were painted blue instead of CN black in the new scheme. GTW ran under the "Good Track Road" banner. Atlas produced some N boxcars with this banner.
Compare the track of GTW compared to bankrupt NYC/PC/Conrail over Michigan lines. IIRC for a time the GTW operated Milwaukee Road trains until the Soo purchase. The GTW did buy the 1/2 of DT&SL from NW & the DTI.
  by byte
 
Ridgefielder wrote:Actually, I have a feeling that the Grand Trunk Corporation remains the legal entity under which Canadian National operates in the United States, and as such is the paper owner of the Illinois Central, Wisconsin Central, EJ&E, GTW, etc.
Yes. If you work for the CN in the US, from what I understand, your paychecks say Grand Trunk Western on them.
  by ENR3870
 
Well, if we're going to get really technical, until 1995 the Canadian Government owned CN who own Grand Trunk Western, Central Vermont and DW&P.
  by GWoodle
 
ENR3870 wrote:Well, if we're going to get really technical, until 1995 the Canadian Government owned CN who own Grand Trunk Western, Central Vermont and DW&P.
If you want to go back a century, the Grand Trunk Railway owned them from the outset. (GTR)

Not sure if the GTR may still be a legal entity in Canada?
It appears Canadian Government money may have guaranteed the bonds of GTR/GTP/Cnor, etc.