Canada point n. a place away from a city’s center where newspapers are distributed to newsboys and news agents. Editorial Note: Now historical. This term appears to have been used only in Boston and New York City. Etymological Note: Probably by comparison of the remote locations of such centers of distribution to the vast expanses of Canada, although it is possibly influenced by the common use of crosstown streets in New York City as landmarks or reference points, which is similar to the the use of geographic latitudes, or parallels, to refer to places and distances in Canada. (source: Double-Tongued Dictionary)
Further reading
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