Canada has a long history with rail transport. During the early 1800s, the first rail transport service was opened in Canada. The early settlers of the country did not expect that in the near future, train transport will be part of their daily lives. Today, Canada has extensive networks of railways that traverses the eastern and the western territories of the country. It passes through all the major Canadian cities, ensuring that trade and transport will be efficient and effective. Rail transport has been embedded in the lives of the Canadian people, and they cannot imagine what will happen to their lives once the rail transport system ceased to exist.
However, it is certainly impossible for the rail transport system to become obsolete overnight. The economy of Canada grew because of the extensive use of its railroad tracks to transform passengers, goods, and services. During the early 1900s, the government of Canada decided to build the Trans-Canadian railway that will connect the eastern and the western parts of Canada in such a small amount of time. With the construction of the Trans-Canadian railway, the National Steel Car was born. The National Steel Car was a private company founded by several wealthy families residing in the town of Hamilton, Ontario. They started as a strong company, being able to generate revenues after their establishment in 1912. Orders are also flowing like a river, and it seemed that the success they experienced would never stop.
During the Great Depression, the National Steel Car experienced a crash on their portfolio. Prices are going down, and the investments look bad. They only recovered during the Second World War when they were offered to work for the government in exchange for the manufacturing of ammunition, war vehicles, and other things used in a war. Click Here For More Info.
The National Steel Car was purchased later on by Dofasco, in 1962, and after he could no longer handle the stress, he decided to sell it to someone who is interested. Dofasco awarded the company to Greg Aziz, and he did the best that he can in order to improve the company. Gregory J Aziz was successful in giving the National Steel Car a facelift. Today, more and more people are being recruited by the company to work for their plants. The National Steel Car currently have 3,000 employees, and they have the ability to create rolling stocks amounting to 12,500 a year.