Marathon Realty and the CPR.

Canadian Prime Minister Sir John A. Macdonald gave the CPR 25 million acres of land. The SUBSIDIARY LANDS were given to the company to deal with as they saw fit. The REVERSIONARY LANDS were granted solely for railway purposes, and reverted to the Crown should they cease to be used for those purposes. Instead of returning millions of acres of land, the railway created a real estate subsidiary called Marathon Realty.
The CPR recently sold:
The Arbutus Corridor - Vancouver.
Obico Yard - 74 acres on Kipling Avenue in Etobicoke (Toronto.)
Lucien L'Allier - 3 acres in Montreal.
The Strathcona Yards - 94 acres in Edmonton, Alberta.

The Gare du Palais in Quebec City is still a Crown asset , VIA Rail is a Crown corporation. Wikipedia photo.

Former CPR properties.
Montreal
Adirondack Subdivision
Angus Shops
Cremazie
Dorval Station Grounds
Drummond and Laugauchetiere Street - Land and Buildings.
Hochelaga Yards
Jean-Talon Train Station - sold to the City of Montreal in 1984.
Le Chateau Champlain Hotel
Mile End Yard (Village of Cote St. Louis).
Papineau Yard
Place Viger
Place du Canada and the IBM/Marathon Tower were built on railway land.
St. Denis Yard
Pointe Claire - Pt. Valois Station.
Wentworth Golf Course - Ville St. Pierre and City of Lachine.
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Toronto
Dufferin Mall Shopping Centre was built on CPR land.
Bathurst North of Lakeshore.
Cherry Street Yard fronting Mill Street.
Fez City Yards, Bathurst.
Parkdale Yards, fronting King Street. - The Parkdale train station can be seen in the Stompin' Tom Connors YouTube video "Movin' In (from Montreal by Train.)"

Land North of King Street East and Dufferin Street and South of Queen Street, Mile 1.83, Galt Subdivision.

Fronting Yonge Street and Shaftesbury Avenue with Land and Buildings.
Front and Beachell Streets.
Fronting on Front Street and Spadina Avenue.
Mile 4.03 - North Toronto, Shaw Street.
North Toronto Subdivision fronting Birch Avenue.
A parcel of land of irregular feature fronting Marlborough Avenue and Yonge Street.


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 The railway owned several lucrative properties in Vancouver and Victoria:
Coal Harbour
False Creek
Hotel Vancouver
Empress Hotel
Yaletown
The book value of  12.837 acres of False Creek was $1 dollar. Taxpayers of British Columbia paid Marathon $60 million dollars for False Creek, the site of Expo 86.

Gordon Campbell and the sale of a profitable BC Crown corporation called BC Rail to CN.

The possible devolution of all National Parks in British Columbia to the BC provincial government.

My friends and I are in the Calgary Tower during the year 1973.

The Fairmont Palliser Hotel can be seen in the distance.The Calgary, Alberta Tower, or the Husky Tower was built on the grounds of the demolished train station. A tunnel connected the Palliser Hotel to the station. (Archives of Canada photo.)