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Canadian Banknote Issuers
Banknotes have been issued in Canada and the British colonies that confederated to form Canada from 1 July 1867. Some issuers issued notes for more than one entity. For example, the Bank of Montreal issued notes for both Lower Canada and Quebec. This listing does not include the Newfoundland banknote issuers. Issuers that have a French name will have an English translation. British Colonial British Army British Army Bill (1813–15). PS118A-120. Provincial Issues Alberta Alberta prosperity certificates British Columbia PS126-128. Nova Scotia PS132-140. Ontario PS141-143. Prince Edward Island PS144-157. Province of Canada PS161-176. Chartered Banks Spurious or Expired Banks The following banks issued notes that cannot be exchanged for current Canadian dollar banknotes. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknote
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable instrument, negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to Redemption value, redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authority, monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Hamilton
The Bank of Hamilton was established in 1872 by local businessmen in the city of Hamilton, Ontario, Canada under the leadership of Donald McInnes, the bank's first President. Like the other Canadian chartered banks, it issued its own paper money. The bank issued notes from 1872 to 1922. The end dates are the final dates appearing on notes, which may have circulated for some time after. Beginnings The bank had a rough start, including near bankruptcy during the summer of 1879 when six banks in the area had to suspend activities due to financial difficulties. On August 1, 1879, the bank would run into further difficulties when its headquarters burned down; however, the bank would go on to thrive. On July 29, 1896 the Bank of Hamilton's first Winnipeg branch opened. By December 1898, six more branches were opened in Manitoba. This marked the beginning of two decades of explosive growth in the West. In total, between 1898 and 1910, the Bank of Hamilton would go on to open 128 branches ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Bank Of Montreal
The City Bank of Montreal (known in French as "La Banque de la Cité") was an early bank founded in Montreal in 1833, when it was part of Lower Canada. It was founded as a counterpart to the Bank of Montreal, whose politically conservative directors made it difficult for leading liberals to do business in the province. During its existence, it issued a number of tokens for use in trade, and is known for producing many varieties of the Bouquet sou, and for co-issuing the Habitant token along with the other leading banks of Montreal in the late 1830s. It also issued paper money. It also had branches in Toronto, and in Quebec City.Manning City Bank merged with Royal Canadian Bank to form Consolidated Bank of Canada The Consolidated Bank of Canada was created from the merger of City Bank and Royal Canadian Bank in 1876, but collapsed in 1880 and finally liquidated in 1882. References See also Defunct banks of Canada Banks disestablished in 1882 ... in 1876. Bibliog ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays Bank Canada
Barclays Bank has operated as a retail and commercial bank in Canada from 1929 to 1956, from 1979 to 1996, and most recently from 2010. Previous operations Barclays Bank (Canada) Barclays Bank (Canada) Limited was incorporated in Montreal, Quebec in 1929, as a joint venture between Barclays Bank Limited and Barclays Bank (Dominion, Colonial and Overseas). An office was later established in Toronto. Like the other Canadian chartered banks, it issued its own banknotes. The Bank of Canada was established through the Bank of Canada Act of 1934 and the banks relinquished their right to issue their own currency. In 1956, Barclays Bank (Canada) was acquired by Imperial Bank of Canada, a predecessor of the Canadian Imperial Bank of Commerce, for 10% of the capital of Imperial. H.A. Stevenson was President of the Bank from at least 1935 until 1950; his signature appears on one of the last currency issues by Barclays Bank (Canada) and he is quoted speaking at an annual general meeting of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Provincial Bank Of Canada
The Provincial Bank of Canada (French: ''Banque provinciale du Canada'') was a Quebec-based bank in Canada that was the product of mergers between the Banque Jacques-Cartier (1861), the Banque d'économie de Québec (1848), the Banque populaire de Québec (1868), and the Unity Bank of Canada (1972). It merged with the Banque Canadienne Nationale to form the National Bank of Canada in 1979. ''The Canadian Encyclopedia'' A notable President of the Bank was Sir Hormidas Laporte, who previously served as , and occupied the position from 1907 to 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
La Banque Du Peuple
La Banque du Peuple was a Canadian bank based in Montreal, active from 1835 to 1895. History The Banque du Peuple was founded in Montreal in 1835 by Jacob De Witt and the Viger family, initially under the name of Viger, DeWitt et Compagnie, operating as a private bank. It was organized by French-Canadian and Scottish reformists who had hitherto been excluded by the English-dominated Tories who comprised the Bank of Montreal's board of directors. It was granted a charter in 1844. The bank's clientele was predominantly French-speaking and it was a successful example of a French-speaking business in a financial world that was run almost exclusively by the English. In 1843, with the support of Louis-Michel Viger and other Montreal merchants who were keen to develop French-Canadian entrepreneurship, the bank adopted the name of Banque du peuple. It experienced strong growth from the end of the 1840s. Lower Canada Rebellion According to contemporaneous rumors, funds from La Banque du P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of The People
The Bank of the People was created by radical Reform politicians James Lesslie, James Hervey Price, and Dr John Rolph in Toronto in 1835. It was founded after they failed to establish a "Provincial Loan Office" in which farmers could borrow small sums guaranteed by their land holdings. The Bank of the People was the only bank in Upper Canada not to suspend payments during the financial panic of 1837-8. Many of the shareholders, however, took part in the Rebellion of 1837 and the Family Compact plotted to have it taken over by the Bank of Montreal in 1840. Bank Wars 1835-1838 Chartered vs Joint Stock Banks Until 1835, every bank in Upper Canada required a legislated charter which established it as a legal person able to sue, and be sued at law. Only two Banks had been chartered: the Bank of Upper Canada and the Commercial Bank of the Midland District. Both banks were controlled by the "Family Compact" who used their control of the currency supply and credit to control tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank
In banking, the term national bank carries several meanings: * a bank owned by the state * an ordinary private bank which operates nationally (as opposed to regionally or locally or even internationally) * in the United States, an ordinary private bank operating within a specific regulatory structure, which may or may not operate nationally, under the supervision of the Office of the Comptroller of the Currency. In the past, the term "national bank" has been used synonymously with "central bank", but it is no longer used in this sense today. Some central banks may have the words "National Bank" in their name; conversely if a bank is named in this way, it is not automatically considered a central bank. For example, National Bank of Canada of Montreal, Canada, is a privately owned commercial bank. On the other hand, National Bank of Ethiopia is the central bank of Ethiopia and National Bank of Cambodia is the central bank of Cambodia. By country Afghanistan Pashtany Bank is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank Of Canada
The National Bank of Canada (french: Banque Nationale du Canada) is the sixth largest commercial bank in Canada. It is headquartered in Montreal, and has branches in most Canadian provinces and 2.4 million personal clients. National Bank is the largest bank in Quebec, and the second largest financial institution in the province, after Desjardins credit union. National Bank's Institution Number is 006 and its SWIFT code is BNDCCAMMINT. History In 1859, francophone businessmen in Ontario and Quebec were keen to establish a bank under their local control, and persuade the provincial legislature to pass the act that created the Banque Nationale on May 4, 1859. Some members of the anglophone bourgeoisie participated in the bank's share capital, but francophones retained exclusive control and held all seats on the board of directors with Ulric-Joseph Tessier, lawyer and Member of the Legislative Assembly serving as chairman of the bank. The bank suffered losses during the banking ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Vancouver
The Bank of Vancouver was a Canadian chartered bank which operated 1910–1914 in British Columbia. Founding To address a belief that Canada's central banks were not adequately supporting British Columbia's industry and commerce, the Bank of Vancouver was incorporated with $2 million authorized capital in April 1908. The president and driving force was Vancouver businessman Robert Purves McLennan. However, the founding directors, which included Lieutenant Governor Thomas Wilson Paterson and William Harold Malkin, lacked banking experience. Expansion When the bank opened in July 1910, BC was in the midst of an industrial and real estate boom with investment funds readily available from world capital markets. The first branch and headquarters were in the Flack Block on the corner of Hastings and Cambie streets. The issued capital was $1,169,900 and paid-up capital $830,000. By 1913, the bank had four branches in Vancouver, two in Victoria and individual ones in New Westminster, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Toronto
The Bank of Toronto was a Canadian bank that was founded in 1855 by a group of grain dealers and flour millers. On February 1, 1955, it merged with The Dominion Bank to form the Toronto-Dominion Bank, which is now known as the present-day TD Bank Group. Its first president was James Grant Chewett, whose support was sought by financier Thomas Clarkson. History In July 1856, the Bank of Toronto opened its offices at 78 Church Street, Toronto, with a staff of three and immediately began development of a provincial network of branches. Thomas Clarkson, a major participant in the growing Toronto commerce, served as one of the first directors from 1856 through to 1858, steering the Bank through the depression of 1857. In 1860, it opened its first branch outside of Ontario (then as Canada West), in Montreal, Canada East. The Bank of Toronto established itself as an efficient, profitable, but essentially conservative bank through the 19th century. It maintained a very high reserve against ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
