Bank Of Upper Canada Building
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Bank Of Upper Canada Building
The Bank of Upper Canada Building is a former bank building in Toronto, Ontario, Canada, and one of the few remaining buildings in Toronto that predate the 1834 incorporation of the city. It is located at 252 Adelaide Street East (originally 28 Duke Street), in the Old Town district. Opened in 1827, in what was then the town of York, the building housed the Bank of Upper Canada until the bank's collapse in 1866. It was then used for school purposes and later for various commercial and industrial purposes before being restored in 1982 as commercial office space. The building has been designated a National Historic Site of Canada since 1977. Description The limestone-clad building was completed in 1827 and originally had two storeys with a flat roof. The design is attributed to William Warren Baldwin, but it may have been designed by Francis Hall. The Doric portico, designed by John George Howard, was added in 1843. Sometime after 1859, a new roof with dormers was added. In 187 ...
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Neoclassical Architecture
Neoclassical architecture is an architectural style produced by the Neoclassical movement that began in the mid-18th century in Italy and France. It became one of the most prominent architectural styles in the Western world. The prevailing styles of architecture in most of Europe for the previous two centuries, Renaissance architecture and Baroque architecture, already represented partial revivals of the Classical architecture of ancient Rome and (much less) ancient Greek architecture, but the Neoclassical movement aimed to strip away the excesses of Late Baroque and return to a purer and more authentic classical style, adapted to modern purposes. The development of archaeology and published accurate records of surviving classical buildings was crucial in the emergence of Neoclassical architecture. In many countries, there was an initial wave essentially drawing on Roman architecture, followed, from about the start of the 19th century, by a second wave of Greek Revival architec ...
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First Toronto Post Office
Toronto's First Post Office (also known as the Fourth York Post Office National Historic Site of Canada) is a historic post office in Toronto, Ontario, Canada. It is the oldest purpose-built post office in Canada that functioned as a department of the British Royal Mail, and the only surviving example. After its initial use as a post office, it became part of a Roman Catholic boys' school ( De La Salle College) and later a cold storage building. Located at 260 Adelaide Street East in downtown Toronto, the building now houses a museum and a full-service post office, run by the Town of York Historical Society. History The building opened in 1833, before York became the City of Toronto. Therefore, the post office is known both as the "Fourth York Post Office" (as there had been three prior post offices in the settlement) and "Toronto's First Post Office" (as it was the first post office to serve the newly incorporated city). The building served as a post office until 1837. James S ...
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List Of Historic Places In Toronto
Toronto, Ontario, Canada, has several federal, provincial, or municipal historic places entered on the Canadian Register of Historic Places. List of historic places {{HPC footer See also *List of historic places in Ontario Toronto Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the ancho ... Buildings and structures in Toronto ...
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Ontario Heritage Act
The ''Ontario Heritage Act'', (the ''Act'') first enacted on March 5, 1975, allows municipalities and the provincial government to designate individual properties and districts in the Province of Ontario, Canada, as being of cultural heritage value or interest. Designation under the ''Ontario Heritage Act'' Once a property has been designated under Part IV of the ''Act'', a property owner must apply to the local municipality for a permit to undertake alterations to any of the identified heritage elements of the property or to demolish any buildings or structures on the property. Part V of the ''Act'' allows for the designation of heritage conservation districts. Amendments to the legislation Until 2005, a designation of a property under the ''Act'' allowed a municipality to delay, but not ultimately prevent, the demolition of a heritage property. Heritage advocates were highly critical of the 180-day "cooling off" period provided for under the legislation, which was intende ...
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Bank Of Upper Canada Building IMG 20160511 143730131 (3)
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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