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Canadian Bank Of Commerce
The Canadian Bank of Commerce was a Canadian bank which was founded in 1867, and had hundreds of branches throughout Canada. It merged in 1961 with the Imperial Bank of Canada to form the Canadian Imperial Bank of Commerce. History In 1866 a group of businessmen, including William McMaster, purchased a charter from the defunct Bank of Canada, which had folded in 1858. The Canadian Bank of Commerce was founded the following year, issued stock, and opened its headquarters in Toronto, Ontario. The bank soon opened branches in London, St. Catharines and Barrie. During the following years, the bank opened more branches in Ontario, and took over the business of the local Gore Bank, before expanding across Canada through the acquisition of the Bank of British Columbia in 1901 and the Halifax Banking Company in 1903. By 1907 the Canadian Bank of Commerce had 172 branches. By the beginning of World War II, this had expanded to 379 branches, including a large building by Darling and ...
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Banking
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 a ...
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Commerce Court
Commerce Court is an office building complex on King and Bay Streets in the financial district of Toronto, Ontario, Canada. The four-building complex is a mix of Art Deco, International, and early Modernism architectural styles. The office complex served as the corporate headquarters for the Canadian Imperial Bank of Commerce (CIBC) and its predecessor, the Canadian Bank of Commerce, from 1931 to 2021. Although CIBC relocated its headquarters to CIBC Square, the bank still maintains offices at Commerce Court. History The site initially housed Toronto's first Wesleyan Methodist Church, a small wooden chapel surrounded by woods (which later became the Metropolitan United Church) from 1818 to 1831, then as Theatre Royal from 1833 onwards. From 1887 to 1927 it was home to a seven-storey head office of the Canadian Bank of Commerce, which was then demolished to make way for a new corporate headquarters, the building now called Commerce Court North. The new 34-storey limestone buildin ...
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Rural Municipality Of Kelsey
Kelsey is a Manitoban rural municipality embedded within the province's Northern Region. It consists of several disjoint parts. The largest part is Carrot Valley, located around and southwest of The Pas along the Carrot River, but the communities of Wanless and Cranberry Portage, located further north, are also part of the municipality. It is 867.64 km2 large. Also lying in the area around The Pas is the Opaskwayak Cree Nation Indian reserve. Communities * Cranberry Portage * Freshford * Grace Lake * Moostissoostikwan * Ralls Island * Rocky Lake * The Pas (independent Town) * Umpherville * Wanless * Westray Demographics In the 2021 Census of Population conducted by Statistics Canada, Kelsey had a population of 2,181 living in 857 of its 1,041 total private dwellings, a change of from its 2016 population of 2,419. With a land area of , it had a population density of in 2021. According to the 2011 National Household Survey, the population of Kelsey is 2,125. The p ...
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Nokomis, Saskatchewan
Nokomis is a town in the Canadian province of Saskatchewan. Demographics In the 2021 Census of Population conducted by Statistics Canada, Nokomis had a population of living in of its total private dwellings, a change of from its 2016 population of . With a land area of , it had a population density of in 2021. History *1904: The area was opened up to homesteading. *1906: Florence Mary Halstead established a post office on the Halstead farm and called it "Nokomis". After the Grand Trunk Pacific Railway was built, the town requested the post office be moved into town, accepting the condition of the post-mistress that the town be renamed "Nokomis". The post office was first located in Henry's Men's Clothing Store, and moved into its own building just north of the Times Office the next year. *1907: The town was named Junction City, with the hopes that it would become the largest city in western Canada *1907: The Canadian Bank of Commerce was constructed with K.W. Reikie as ...
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Saskatchewan
Saskatchewan ( ; ) is a Provinces and territories of Canada, province in Western Canada, western Canada, bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and on the south by the United States, U.S. states of Montana and North Dakota. Saskatchewan and Alberta are the only landlocked provinces of Canada. In 2022, Saskatchewan's population was estimated at 1,205,119. Nearly 10% of Saskatchewan’s total area of is fresh water, mostly rivers, reservoirs and List of lakes in Saskatchewan, lakes. Residents primarily live in the southern prairie half of the province, while the northern half is mostly forested and sparsely populated. Roughly half live in the province's largest city Saskatoon or the provincial capital Regina, Saskatchewan, Regina. Other notable cities include Prince Albert, Saskatchewan, Prince Albert, Moose Jaw, Yorkton, Swift Current, North Battleford, Melfort, Saskatchewan, Melfort, and ...
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Watson, Saskatchewan
Watson is a town of 777 residents in the rural municipality of Lakeside, in the Canadian province of Saskatchewan. Watson is located on the intersection of Highway 5 and Highway 6, the Canam Highway. Watson is approximately the same distance from Saskatoon which is to the west, and Regina to the south, which gives rise to its town motto, ''Industrial Crossroads of Saskatchewan''. History Settlers began arriving in the early 1900s, many of them German American Catholics. The first post office in the area was established on April 1, 1904 and named ''Vossen'' after its postmaster, Frank J. Vossen Jr. It was changed to Watson on May 1, 1906, in advance of the village's incorporation on October 6, 1906. The village became a town on August 1, 1908. The town's namesake is Senator Robert Watson. Senator Watson, originally owned the land the town was built on. Watson celebrated its first Santa Claus Day in 1932, and in 1996 erected a -high Santa Claus to commemorate the event. Demo ...
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Vancouver
Vancouver ( ) is a major city in western Canada, located in the Lower Mainland region of British Columbia. As the List of cities in British Columbia, most populous city in the province, the 2021 Canadian census recorded 662,248 people in the city, up from 631,486 in 2016. The Greater Vancouver, Greater Vancouver area had a population of 2.6million in 2021, making it the List of census metropolitan areas and agglomerations in Canada#List, third-largest metropolitan area in Canada. Greater Vancouver, along with the Fraser Valley Regional District, Fraser Valley, comprises the Lower Mainland with a regional population of over 3 million. Vancouver has the highest population density in Canada, with over 5,700 people per square kilometre, and fourth highest in North America (after New York City, San Francisco, and Mexico City). Vancouver is one of the most Ethnic origins of people in Canada, ethnically and Languages of Canada, linguistically diverse cities in Canada: 49.3 percent of ...
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New Westminster
New Westminster (colloquially known as New West) is a city in the Lower Mainland region of British Columbia, Canada, and a member municipality of the Metro Vancouver Regional District. It was founded by Major-General Richard Moody as the capital of the Colony of British Columbia in 1858 and continued in that role until the Mainland and Island colonies were merged in 1866. It was the British Columbia Mainland's largest city from that year until it was passed in population by Vancouver during the first decade of the 20th century. It is located on the banks of the Fraser River as it turns southwest towards its estuary, on the southwest side of the Burrard Peninsula and roughly at the centre of the Greater Vancouver region. History The area now known as New Westminster was originally inhabited by Kwantlen First Nation. The discovery of gold in BC and the arrival of gold seekers from the south prompted fear amongst the settlers that Americans may invade to take over this land. R ...
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British Columbia
British Columbia (commonly abbreviated as BC) is the westernmost province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a diverse geography, with rugged landscapes that include rocky coastlines, sandy beaches, forests, lakes, mountains, inland deserts and grassy plains, and borders the province of Alberta to the east and the Yukon and Northwest Territories to the north. With an estimated population of 5.3million as of 2022, it is Canada's third-most populous province. The capital of British Columbia is Victoria and its largest city is Vancouver. Vancouver is the third-largest metropolitan area in Canada; the 2021 census recorded 2.6million people in Metro Vancouver. The first known human inhabitants of the area settled in British Columbia at least 10,000 years ago. Such groups include the Coast Salish, Tsilhqotʼin, and Haida peoples, among many others. One of the earliest British settlements in the area was Fort Victoria, established ...
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Nanaimo
Nanaimo ( ) is a city on the east coast of Vancouver Island, in British Columbia, Canada. As of the Canada 2021 Census, 2021 census, it had a population of 99,863, and it is known as "The Harbour City." The city was previously known as the "Hub City," which was attributed to its original layout design, whose streets radiated from the shoreline like the spokes of a wagon wheel, and to its central location on Vancouver Island. Nanaimo is the headquarters of the Regional District of Nanaimo. Nanaimo is served by the coast-spanning Island Highway, the Island Rail Corridor, the BC Ferries system, and a local airport. History The Indigenous peoples of the area that is now known as Nanaimo are the Snuneymuxw. An anglicised spelling and pronunciation of that word gave the city its current name. The first Europeans known to reach Nanaimo Harbour were members of the 1791 Spanish voyage of Juan Carrasco (explorer), Juan Carrasco, under the command of Francisco de Eliza. They gave it ...
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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 ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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