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Big Five (banks)
Big Five is the name colloquially given to the five largest banks that dominate the banking industry of Canada: Bank of Montreal (BMO), Bank of Nova Scotia (Scotiabank), Canadian Imperial Bank of Commerce (CIBC), Royal Bank of Canada (RBC), and TD Bank Group (Toronto Dominion-Bank). All of the five Canadian banks maintain their respective headquarters in Toronto's Financial District, primarily along Bay Street. All five banks are classified as Schedule I banks that are domestic banks operating in Canada under government charter. The banks' shares are widely held, with any entity allowed to hold a maximum of twenty percent. According to a ranking produced by Standard & Poor's, in 2017, the Big Five banks of Canada are among the world's 100 largest banks, with TD Bank, RBC, Scotiabank, BMO, and CIBC at 26th, 28th, 45th, 52nd and 63rd place, respectively. Additionally, RBC and TD Bank are on the Financial Stability Board's list of systemically important banks as of 2020. The term ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Halifax, Nova Scotia
Halifax is the capital and largest municipality of the Canadian province of Nova Scotia, and the largest municipality in Atlantic Canada. As of the 2021 Census, the municipal population was 439,819, with 348,634 people in its urban area. The regional municipality consists of four former municipalities that were amalgamated in 1996: Halifax, Dartmouth, Bedford, and Halifax County. Halifax is a major economic centre in Atlantic Canada, with a large concentration of government services and private sector companies. Major employers and economic generators include the Department of National Defence, Dalhousie University, Nova Scotia Health Authority, Saint Mary's University, the Halifax Shipyard, various levels of government, and the Port of Halifax. Agriculture, fishing, mining, forestry, and natural gas extraction are major resource industries found in the rural areas of the municipality. History Halifax is located within ''Miꞌkmaꞌki'' the traditional ancestral lands ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada Trust
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces and territo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CIBC Square
CIBC Square (known during early stages of development as Bay Park Centre) is an office complex under construction in the South Core neighbourhood of Toronto, Ontario, Canada. The complex, located on Bay Street south of Front Street, is a joint development of Ivanhoé Cambridge and Hines. It will serve as the new global operational headquarters for the Canadian Imperial Bank of Commerce (CIBC), consolidating approximately 15,000 staff from several CIBC-tenanted buildings in the Greater Toronto Area, including its existing headquarters at Commerce Court. The complex also includes the Union Station Bus Terminal constructed on behalf of Metrolinx for GO Transit and other inter-city bus services, connected directly to Union Station. The complex will also include a one acre park elevated over the rail corridor. Design The complex will consist of two towers to be completed in two phases. The 49 storey south tower (81 Bay Street) will be completed first, built on the site of a parking ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simplii Financial
Simplii Financial is a direct bank and the digital banking division of the Canadian Imperial Bank of Commerce (CIBC). As of November 2021, the bank had almost two million clients. In 2021, Simplii Financial became the first in Canadian banking to enable digital identity verification – giving international students and newcomers the opportunity to open accounts completely digitally before arriving in Canada. Background Simplii Financial was established following CIBC and the supermarket chain Loblaw Companies mutually deciding to end their 20-year joint venture of providing consumer banking services under the President's Choice Financial brand. Simplii Financial shares Institution Number 010 with its parent CIBC. Its SWIFT code is CIBCCATT, and all Simplii clients share a branch-transit number of 30800. History Simplii traces its history to the 1996 President's Choice Financial co-venture between CIBC and Loblaws to provide low-fee banking services. President's Choice Financ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Montreal
Montreal ( ; officially Montréal, ) is the List of the largest municipalities in Canada by population, second-most populous city in Canada and List of towns in Quebec, most populous city in the Provinces and territories of Canada, Canadian province of Quebec. Founded in 1642 as ''Fort Ville-Marie, Ville-Marie'', or "City of Mary", it is named after Mount Royal, the triple-peaked hill around which the early city of Ville-Marie is built. The city is centred on the Island of Montreal, which obtained its name from the same origin as the city, and a few much smaller peripheral islands, the largest of which is Île Bizard. The city is east of the national capital Ottawa, and southwest of the provincial capital, Quebec City. As of 2021, the city had a population of 1,762,949, and a Census Metropolitan Area#Census metropolitan areas, metropolitan population of 4,291,732, making it the List of the largest municipalities in Canada by population, second-largest city, and List of cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saint Jacques Street
Saint Jacques Street (officially in french: rue Saint-Jacques), or St. James Street, is a major street in Montreal, Quebec, Canada, running from Old Montreal westward to Lachine, Quebec, Lachine. The street is commonly known by two street name, names, "St. James Street" in English language, English (after St. James's, London) and ''rue Saint-Jacques'' in French language, French. Both names are used in English and French, although Saint-Jacques is the most common for geographical reference. St. James Street is usually used in reference to the street's historic importance as a financial district. History A main thoroughfare passing through Old Montreal, the street was first opened in 1672. The portion between McGill Street and place Saint Henri was originally called Bonaventure Street (''rue Saint-Bonaventure''). This name has passed down to Place Bonaventure, Quebec Autoroute 10, Bonaventure Expressway, and Bonaventure (Montreal Metro), Bonaventure Metro station, despite the dis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Montreal Head Office, Montreal
The Bank of Montreal's Head Office (french: Édifice de la Banque de Montréal) is located on 119, rue Saint Jaques (119, Saint Jacques Street) in Montreal, Quebec, Canada, across the Place d'Armes from the Notre-Dame Basilica in the Old Montreal neighbourhood. The Bank of Montreal is the oldest bank in Canada, founded in 1817. Although it still remains the bank's legal headquarters, its operational head office was moved to First Canadian Place in Toronto in 1977 due to political instability in Quebec. The centrepiece of the complex is the Bank of Montreal Main Branch, a Pantheon-like building built by John Wells in 1847. The building was inspired by the design of the former headquarters of the Commercial Bank of Scotland in Edinburgh. The building is in neoclassical style. The sculpted pediment of the building was done by Sir John Steell. Enlargements to the building were made in 1901–1905 by the New York City firm of McKim, Mead & White. Bank of Montreal Museum The Bank o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Canadian Place
First Canadian Place (originally First Bank Building) is a skyscraper in the Financial District of Toronto, Ontario, at the northwest corner of King and Bay streets, and serves as the global operational headquarters of the Bank of Montreal. At , it is Canada's tallest skyscraper and the 15th tallest building in North America to structural top (spires) and 9th highest to the rooftop, and the 105th tallest in the world. It is the third tallest free-standing structure in Canada, after the CN Tower (also in Toronto) and the Inco Superstack chimney (projected to be demolished) in Sudbury, Ontario. The building is owned by Manulife Financial Corporation (50 per cent) in addition to a private consortium of investors including CPP Investments. The building is managed by Brookfield Properties. History and architecture First Canadian Place is named for Canada's first bank, the Bank of Montreal. Designed by B+H Architects with Edward Durell Stone as a design consultant, First Canadian Plac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scotia Plaza
Scotia Plaza is a commercial skyscraper in the city of Toronto, Ontario, Canada. It is in the financial district of the downtown core bordered by Yonge Street on the east, King Street West on the south, Bay Street on the west, and Adelaide Street West on the north. At , Scotia Plaza is Canada's third tallest skyscraper and the 22nd tallest building in North America. It is connected to the PATH network, and contains of office space on 68 floors and 40 retail stores. Olympia and York developed the complex as an expansion of the adjacent headquarters of Scotiabank and the bank continues to occupy approximately 24 floors of the structure. Olympia and York owned the complex from its completion until the company was liquidated due to overwhelming debt in 1993. Scotiabank led a consortium of banks to purchase the mortgage for Scotia Plaza and over the next five years, it purchased additional shares from its partners until it was the property's majority owner. On January 19, 2012, Sco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tangerine Bank
Tangerine Bank (operating as Tangerine) is a Canadian direct bank that is a subsidiary of Scotiabank. It offers no-fee chequing and savings accounts, Guaranteed Investment Certificates (GICs), mortgages and mutual funds (through a subsidiary). Many savings and investment products are eligible for registration under a Tax-Free Savings Account (TFSA), Registered Retirement Savings Plan (RRSP) or Registered Retirement Income Fund (RRIF). The bank was founded by ING Group in April 1997 as ING Bank of Canada (operating as ING Direct). In November 2012, it was acquired by Scotiabank. The new name for the bank was revealed in November 2013, and the Tangerine branding was rolled out beginning in April 2014. Although now wholly owned by Scotiabank, Tangerine remains a separate legal entity and thus kept its unique Institution Number (614), with all accounts being under a single transit number (00152). History The predecessor of Tangerine, ING Bank of Canada (using the trade name ING ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
