Canadian Northern Railway
Introduction
Chapter One - Real Estate and the Birth of Edmonton 1870-1899
Chapter Two - Real Estate and the Railway Boom 1900-1913
Chapter Three - War and Depression 1914-1939
Chapter Four - War and Economic Expansion 1940-1950
Chapter Five - A Golden Age for Edmonton Real Estate 1951-1981
Chapter Six - Continuity and Change 1982-1995
Conclusion and Appendices
By John F. Gilpin
Copyright © 1997 Edmonton Real Estate Board
Published with the support of the Alberta Real Estate Foundation
105 pages - Over 120 sepia photos, foreword, acknowledgments, introduction, six chapters, a conclusion, several
appendices, and property profiles.
8 1/2" x 11 1/4", out of print, ISBN 0-9682695-0-8
Brought to you by:
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The first railway to begin land negotiations for a terminal with the Town of Edmonton was the Canadian Northern Railway Co. in 1902. By February, the Hudson's Bay Co. agreed to sell 68.88 acres of its Reserve to the City of Edmonton for $25,000 for use by the Canadian Northern. The Hudson's Bay Co. and the Canadian Northern each agreed to contribute $5,000 towards the purchase price. On March 5, 1903, Edmonton's businessmen raised the remaining $15,000. This amount was later repaid to the group with the passage of Bylaw 237. It raised $30,000 for the purpose of granting the bonus to the Canadian Northern Railway and exempting it from taxation.
The land acquired by the Canadian Northern Railway in this transaction is now being redeveloped. A portion is occupied by Grant MacEwan Community College.
This article is extracted from John Gilpin, Responsible Enterprise: A History of Edmonton Real Estate & the Edmonton Real Estate Board. (Edmonton: Edmonton Real Estate Board, 1997). The Heritage Community Foundation and the Alberta Real Estate Foundation would like to thank John Gilpin and the REALTORS® Association of Edmonton for permission to reproduce this material.