Question 304

The completion of the Canadian Pacific Railway was a major national project. What was the primary source of financing for its construction?

  1. AThe Hudson's Bay Company
  2. BFrench and German investors
  3. CThe Government of Canada alone
  4. DBritish and American investors
Show the answer and explanation

Correct answer: D) British and American investors

Explanation

The guide explicitly states that the Canadian Pacific Railway project was financed by British and American investors and built by both European and Chinese labour.

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