The Canadian National Railway Company financed the construction of the CN Tower and was its initial owner.
The Original Builder and Financier
The iconic CN Tower, which officially opened to the public on June 26, 1976, was built by the Canadian National Railway Company. As the entity responsible for its construction, the railway company bore the costs associated with its ambitious design and engineering. This made them the tower's initial private owner.
Ownership Evolution
While the Canadian National Railway Company paid for and privately owned the tower for many years, its ownership eventually transitioned. In 1995, the ownership of the CN Tower was transferred to the Canadian government. Currently, the landmark is managed by a public corporation, ensuring its continued operation and maintenance for visitors worldwide.
Key Milestones of CN Tower Ownership
To provide a clear overview of the CN Tower's financial backing and ownership progression:
| Milestone | Year | Details | Primary Entity Involved |
|---|---|---|---|
| Construction & Initial Payment | Pre-1976 | Built and financed | Canadian National Railway Company |
| Public Opening | June 1976 | Tower opened to the public | Canadian National Railway Company |
| Ownership Transfer | 1995 | Ownership transferred to the government | Canadian Government |
| Current Management | Present | Managed by a public corporation | Public Corporation |
This timeline clearly illustrates that the initial financial responsibility for the CN Tower's creation lay with the Canadian National Railway Company.
