On September 8, 1952 the ACM held a special meeting in Toronto in honor of the installation of the first electronic digital computer in Canada, installed at the University of Toronto. It was a Ferranti Mark I, known as the FERUT computer. Ferut was the second of two Ferranti Mark 1 computers built. It was originally destined for the Atomic Energy Research Establishment in Britain, but before the computer could be delivered there was a change of government that resulted in the cancellation of any contracts over £100,000. Thus the computer became available to the University of Toronto at a greatly reduced price.