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==History==
 
==History==
 
Early growth was stimulated by the enormous growth of U.S. trade after 1854 caused by [[Canadian-American reciprocity]], which meant free trade between Canada and the U.S.
 
Early growth was stimulated by the enormous growth of U.S. trade after 1854 caused by [[Canadian-American reciprocity]], which meant free trade between Canada and the U.S.
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Chartered in 1852, it quickly purchased five local railways to link [[Toronto]] with Sarnia on the west and [[Montreal]] on the east, and also acquired a 999-year lease on the Atlantic & St. Lawrence Railroad that provided access to the ice-free port at Portland, Maine.  As these arrangements were being put together, the Grand Trunk published a prospectus in London.  According to the prospectus, the amalgamated railway would be the most comprehensive system of railway in the world, comprising 1,112 miles from Portland to Lake Huron, and would be built to as high a standard as any in England.
 
Chartered in 1852, it quickly purchased five local railways to link [[Toronto]] with Sarnia on the west and [[Montreal]] on the east, and also acquired a 999-year lease on the Atlantic & St. Lawrence Railroad that provided access to the ice-free port at Portland, Maine.  As these arrangements were being put together, the Grand Trunk published a prospectus in London.  According to the prospectus, the amalgamated railway would be the most comprehensive system of railway in the world, comprising 1,112 miles from Portland to Lake Huron, and would be built to as high a standard as any in England.
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[[Category:Canada]]
 
[[Category:Canada]]
 
[[Category:Business]]
 
[[Category:Business]]
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[[Category:Railroads]]
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[[Category:Rail transport]]
 
[[Category:Economic history]]
 
[[Category:Economic history]]
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