Change of Gauge and Absorption By The Midland Railway of Canada
The poor financial returns on investment of all small Ontario railways in the late 1870s caused severe discontent among the bondholders. Many charged that the T&NR's troubles were due to the narrow gauge which made freight haulage uneconomic, but in fact the line's financial performance was better than most of its neighbours, and there was no lack of capacity. The real issue was overcapacity during a protracted traffic slump. The T&NR along with several other bankrupt lines was amalgamated in early 1882 into the Midland Railway of Canada. The MRC by this time was a proxy for the Grand Trunk Railway in its fight with the CPR for control of Ontario rail traffic. The Midland quickly laid a third rail in the track from Midland Junction (Lorneville) to Scarborough Junction and thus gained prized standard gauge access to Toronto. The narrow gauge third rail was removed by 1883, and the whole Midland Railway of Canada was leased by the Grand Trunk Railway on January 1, 1884.
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