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Business People » GEORGE STEPHEN

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Full name : George Stephen
Alias : George Stephen
Gender : Men
Country : Canada
Birthday : 05-06-1829
Address : Dufftown, Banffshire
Animals : Ox
Zodiac : Gemini
Died : 29-09-1921
Father : William Stephen
Mother : Elspet
Siblings :
Wife : Annie Charlotte Kane, Georgiana
Children :
Education : parish school
Position :
Activists : Business People

George Stephen, also known as Sir George Stephen, was a Scots-Quebecker banker and railway executive in Canada. He became the first president of Canadian Pacific Railway in 1880 and was the main contributor to the early success of CPR. Building the costly transcontinental railway was a very difficult task which involved several financial problems and cost overruns, but Stephen with the help of his banking experience managed to put together the finance required to complete the project. He even staked his own money in the project. He was a magnanimous philanthropist in Montréal and England and donated over $1 million during his life. The Royal Victoria Hospital, Montréal, and hospitals in England were among the beneficiaries from his wealth. He was also the first Canadian to be knighted when he was made a Baronet of Montreal in the Province of Quebec in the Dominion of Canada. His house in Montreal was turned into a private club, Mount Stephen Club. Today, it is a splendid restaurant and is one of the city’s most significant heritage properties.

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