IN ITS VERY SUCCESS WERE THE SEEDS OF ITS DECLINE.

The article explores the causes of Canadian Pacific Railway's (CPR) long-term decline as of May 1964. It explains that CPR was created to succeed where the Canadian government failed in the construction of a transcontinental railroad that would link Canada's western provinces with those in the East in ten years. It talks about CPR's refusal to develop its own natural resources, its reluctance to pursue the economies available through modern technology and the end of its transportation monopoly.