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Bank Of Ottawa
The Bank of Ottawa was an early Canadian banking establishment in the Ottawa Valley, Ontario. Branches included Ottawa, Carp, Pembroke, Keewatin and Winnipeg, Manitoba. It merged with the Bank of Nova Scotia in 1919. History The Bank of Ottawa was established in 1874 by Ottawa Valley lumber pioneers, including James Maclaren, who presided over the Bank from 1874 until his death in 1892."From Pathways to Roadways" In: Jeff Keshen, Nicole St-Onge. Ottawa--making a Capital'. University of Ottawa Press; 2001. . p. 82–. Its head office was on Wellington Street in Ottawa. John Mather served as a bank director from 1879. Like the other Canadian chartered banks, it issued its own paper money. The bank issued notes 1874-1913. The end dates are the final dates appearing on notes, which circulated for some time after. The bank expanded beyond the Ottawa area, and by 1918 had branches in six provinces.David Lee. Lumber Kings and Shantymen: Logging and Lumbering in the Ottawa Valley'. Ja ...
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Cobalt, Ontario
Cobalt is a town in Timiskaming District, Ontario, Canada. It had a population of 1,118 at the 2016 Census. In the early 1900s, the area was heavily mined for silver; the silver ore also contained cobalt. By 1910, the community was the fourth highest producer of silver in the world. Mining declined significantly by the 1930s, together with the local population. In late 2017 one publication referred to Cobalt as a ghost town, but the high demand for cobalt, used in making batteries for mobile devices and electric vehicles, is leading to great interest in the area among mining companies. History W.E. Logan discovered cobalt in 1884 at the future site of the Agaunico Mine, one mile south of Haileybury, Ontario, Haileybury. Silver was discovered in the area during the construction of the Temiskaming & Northern Ontario Railway (T&NO) from North Bay, Ontario, North Bay to the communities of Haileybury, Ontario, Haileybury and New Liskeard, Ontario, New Liskeard, north of Cobalt. ...
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Porcupine, Ontario
The city of Timmins, Ontario, Canada contains many named neighbourhoods. Some former municipalities that were merged into Timmins continue to be treated as distinct postal and telephone exchanges from the city core. According to Barnes, "With the staking of the three great properties, The Porcupine came alive as hundreds of canoes bearing prospectors...Golden City and Pottsville sprang up, with South Porcupine soon to follow." Barbers Bay Barbers Bay is located on the southern shore of Frederick House Lake along the municipal boundary with Iroquois Falls. It also includes an area of bays dotted with cottages to the south, and just north of Kettle Lakes Provincial Park. Recently Barber's Bay has seen a growth in its year-long residents, most notably around the densely developed Finn Bay. Connaught A small village just west of Barbers Bay, where the Frederick House River flows into Frederick House Lake. Sometimes all of the extreme eastern portion within Timmins' city limits (Bar ...
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1874 Establishments In Ontario
Events January–March * January 1 – New York City annexes The Bronx. * January 2 – Ignacio María González becomes head of state of the Dominican Republic for the first time. * January 3 – Third Carlist War – Battle of Caspe: Campaigning on the Ebro in Aragon for the Spanish Republican Government, Colonel Eulogio Despujol surprises a Carlist force under Manuel Marco de Bello at Caspe, northeast of Alcañiz. In a brilliant action the Carlists are routed, losing 200 prisoners and 80 horses, while Despujol is promoted to Brigadier and becomes Conde de Caspe. * January 20 – The Pangkor Treaty (also known as the Pangkor Engagement), by which the British extended their control over first the Sultanate of Perak, and later the other independent Malay States, is signed. * January 23 **Prince Alfred, Duke of Edinburgh, second son of Queen Victoria, marries Grand Duchess Maria Alexandrovna of Russia, only daughter of Tsar Alexander III of Russ ...
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Scotiabank
The Bank of Nova Scotia (french: link=no, Banque de Nouvelle-Écosse), operating as Scotiabank (french: link=no, Banque Scotia), is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five banks, it is the third largest Canadian bank by deposits and market capitalization. It serves more than 25 million customers around the world and offers a range of products and services including personal and commercial banking, wealth management, corporate and investment banking. With more than 92,001 employees and assets of Can$1,136 billion (according to 2020 annual report), Scotiabank trades on the Toronto () and New York () exchanges. The Scotiabank swift code is NOSCCATT and the institution number is 002. Scotiabank was founded in 1832 in Halifax, Nova Scotia, where it was headquartered until relocating to Toronto in 1900. Scotiabank has billed itself as "Canada's most international bank" due to its acquisitions primaril ...
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Companies Based In Ottawa
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Banks Disestablished In 1919
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Banks Established In 1874
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Defunct Banks Of Canada
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Canadian Chartered Bank Notes
Between 1871 and 1944, Canadian chartered banks were authorized to issue bank notes for circulation in Canada. In 1899, they were invested with the additional authority to issue bank notes for circulation in any British colony or possession. For several decades thereafter, the chartered banks were the only issuers of larger denominated notes for circulation in Canada, and an important source of notes for circulation in the British West Indies. In 1934, the newly-established Bank of Canada was given "the sole right to issue notes payable to bearer on demand". Coincident with the introduction of the new Bank of Canada notes in 1935, arrangements were made for the gradual contraction in the quantity of chartered bank notes in circulation. As of the end of 1944, the Canadian government withdrew permission for Canadian banks to issue new notes for circulation in Canada; and by 1950, liability for all outstanding Canadian bank notes was transferred to the Bank of Canada, where such no ...
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Winnipeg, Manitoba
Winnipeg () is the capital and largest city of the province of Manitoba in Canada. It is centred on the confluence of the Red and Assiniboine rivers, near the longitudinal centre of North America. , Winnipeg had a city population of 749,607 and a metropolitan population of 834,678, making it the sixth-largest city, and eighth-largest metropolitan area in Canada. The city is named after the nearby Lake Winnipeg; the name comes from the Western Cree words for "muddy water" - “winipīhk”. The region was a trading centre for Indigenous peoples long before the arrival of Europeans; it is the traditional territory of the Anishinabe (Ojibway), Ininew (Cree), Oji-Cree, Dene, and Dakota, and is the birthplace of the Métis Nation. French traders built the first fort on the site in 1738. A settlement was later founded by the Selkirk settlers of the Red River Colony in 1812, the nucleus of which was incorporated as the City of Winnipeg in 1873. Being far inland, the local c ...
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Bank Of Nova Scotia
The Bank of Nova Scotia (french: link=no, Banque de Nouvelle-Écosse), operating as Scotiabank (french: link=no, Banque Scotia), is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five banks, it is the third largest Canadian bank by deposits and market capitalization. It serves more than 25 million customers around the world and offers a range of products and services including personal and commercial banking, wealth management, corporate and investment banking. With more than 92,001 employees and assets of Can$1,136 billion (according to 2020 annual report), Scotiabank trades on the Toronto () and New York () exchanges. The Scotiabank swift code is NOSCCATT and the institution number is 002. Scotiabank was founded in 1832 in Halifax, Nova Scotia, where it was headquartered until relocating to Toronto in 1900. Scotiabank has billed itself as "Canada's most international bank" due to its acquisitions primaril ...
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Pembroke, Ontario
Pembroke is a city in the Canadian province of Ontario at the confluence of the Muskrat River (Ontario), Muskrat River and the Ottawa River in the Ottawa Valley. Pembroke is the location of the administrative headquarters of Renfrew County, though the city itself is politically Independent city, independent. It is northwest of Ottawa. History The first European settler to the area now known as Pembroke was Daniel Fraser in 1823, who squatted on land that was discovered to have been granted to a man named Abel Ward. Ward later sold the land (where Moncion's Metro Supermarket is located) to Fraser, and nearby Fraser Street is named after the family. Peter White (Canadian politician), Peter White, a veteran of the Royal Navy arrived in 1828, squatting beside Fraser on the land where Dairy Queen is now located. Other settlers followed, attracted by the growing Lumber industry on the Ottawa River, lumbering operations of the area. Originally named Miramichi, The hamlet was later ren ...
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