 In August 1904 the Grand Trunk agreed to purchase the Canada Atlantic system, including the Great Lakes steamship fleet and the line in Vermont which connected with its Central Vermont Railway subsidiary.The agreed-upon price for the entire system as well as the Depot Harbour, ON and Ottawa, ON terminals was CAD $16,000,000.The Grand Trunk took over all operations of the CAR on 1 October 1905; actual purchase was ratified by Parliament only in 1914.