Alexander Galt was born in London, England in 1817 and came to Canada in 1835 where he worked for the British American Land Company. He was a land agent in Lower Canada and became a large shareholder and eventually president of the St. Lawrence & Atlantic Railway. When that was taken over by the Grand Trunk Railway, Galt became a member of the board of directors of that company. He was finance minister in the Macdonald-Cartier government of 1858 and was one of the negotiators of Confederation.