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List Of Banks And Credit Unions In Canada
This is a list of banks in Canada, including chartered banks, credit unions, trusts, and other financial services companies that offer banking services and may be popularly referred to as "banks". The "Big Five" Canada's "big five" banks, and a few statistics (2013): The term "Big Six" is frequently used as well and includes the National Bank of Canada (2013 market cap of $8.9B), though its operations are primarily focused in the provinces of Quebec and New Brunswick. Banks by legal classification Banks in Canada are classified by their ownership as domestic banks, subsidiaries of foreign banks, or branches of foreign banks. For a greater explanation of the classifications, see ''Banking in Canada'' and ''Canada Bank Act''. Schedule I banks (domestic banks) Under the Canada Bank Act, Schedule I are banks that are not a subsidiary of a foreign bank, i.e., domestic banks, even if they have foreign shareholders. There are 35 domestic banks, included 2 federally regulated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Montreal 1 Db
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dundee Bank Of Canada
DundeeWealth Inc. was a Canadian financial services company, formerly a public company and subsidiary of Dundee Corporation. DundeeWealth Inc. and its advisor network were acquired by Scotiabank on February 1, 2011. DundeeWealth Inc. has been renamed HollisWealth Inc. and effective November 1, 2013, HollisWealth replaced DundeeWealth as the brand name used by Scotiabank to identify one of Canada's largest independent financial advisor networks. The name HollisWealth is derived from the location of Scotiabank's historic head office building which was constructed more than 175 years ago, in 1837, at 188 Hollis Street in Halifax, Nova Scotia. In 2017, iA Financial Group iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States. It is one of the biggest public companies in Canada. The parent company, iA Financial Corporation Inc., is a portfo ... acquired HollisWealth from Scotiabank and merged its Investment In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oakville, Ontario
Oakville is a town in Regional Municipality of Halton, Halton Region, Ontario, Canada. It is located on Lake Ontario between Toronto and Hamilton, Ontario, Hamilton. At its Canada 2021 Census, 2021 census population of 213,759, it is List of towns in Ontario, Ontario's largest town. Oakville is part of the Greater Toronto Area, one of the most densely populated areas of Canada. History In 1793, Dundas Street (Toronto), Dundas Street was surveyed for a military road. In 1805, the Legislative Assembly of Upper Canada bought the lands between Etobicoke and Hamilton, Ontario, Hamilton from the indigenous Mississaugas people, except for the land at the mouths of Bronte Creek, Twelve Mile Creek (Bronte Creek), Sixteen Mile Creek (Ontario), Sixteen Mile Creek, and along the Credit River. In 1807, British immigrants settled the area surrounding Dundas Street as well as on the shore of Lake Ontario. In 1820, the Crown bought the area surrounding the waterways. The area around the creeks ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Tire Financial Services
Canadian Tire Services Ltd. (CTSL), doing business as Canadian Tire Bank (french: Banque Canadian Tire), is the financial services subsidiary of the Canadian Tire retail chain. The bank is based in Oakville, Ontario, and has additional business operations in St. Catharines and Welland (which are also in Ontario). Between 1968 and 2016 (with some branding continuing until 2018), Canadian Tire Services Ltd. was known as Canadian Tire Financial Services Ltd. (CTFS or CTFSL). History In 1968, Canadian Tire purchased Midland Shoppers Credit Limited, a small company founded in 1961 to provide third-party credit processing for local retailers in the Regional Municipality of Niagara, Niagara Region. After its acquisition, the company was renamed "Canadian Tire Acceptance Limited (CTAL)", and later "Canadian Tire Financial Services Limited". Canadian Tire Bank (CTB), a Schedule 1 (domestic, deposit-taking) bank under the Bank Act (Canada), Bank Act, was founded in 2003 and took over fina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President's Choice Financial
President's Choice Financial (french: Services financiers le Choix du Président), commonly shortened to PC Financial, is the financial service brand of the Canadian supermarket chain Loblaw Companies. Two different wholly owned subsidiaries of Loblaw Companies provide services under the President's Choice Financial brand: personal banking and Mastercard credit card services are provided by the federally chartered President's Choice Bank, and insurance is provided by PC Financial Insurance Brokers. Services Bank Machines (ATMs) Most Loblaws and Loblaws-owned stores offer access to a PC Financial-branded ATM. These ATM can be used for no fee by PC Financial MasterCard holders. All other customers who use the ATM (including Simplii) will be charged fees Mastercard credit cards President's Choice Financial Mastercard credit cards are issued by President's Choice Bank, a subsidiary of Loblaw Companies. PC Mastercard has no relationship to CIBC, and cash advance fees were rei ... [...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] |
Caraquet
Caraquet ( ) is a town in Gloucester County, New Brunswick, Canada. Situated on the shore of Chaleur Bay in the Acadian Peninsula, its name is derived from the Mi'kmaq term for ''meeting of two rivers''. The Caraquet River and Rivière du Nord flow into the Caraquet Bay west of the town. The town was greatly enlarged in 2023 by annexing the village of Bas-Caraquet and several local service districts. Establishment Caraquet was first settled by Gabriel Giraud dit St-Jean who was a French trader and merchant. He married a Mi'kmaq woman and settled in Lower Caraquet. After the expulsion of the Acadians from southern New Brunswick and Nova Scotia in 1755, some Acadians settled in Upper Caraquet. Led by Alexis Landry in 1757, the original town site was founded at what is now called Sainte-Anne-du-Bocage. The land was officially granted for the town in 1774 through the Royal Proclamation to 34 families of Acadian, Normand and Mi'kmaq origins. The town is called Acadia's capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UNI Financial Cooperation
Caisse populaire acadienne ltée, operating as UNI Financial Cooperation (french: UNI Coopération financière), is a Francophone credit union (french: caisse populaire) based in New Brunswick, Canada whose members are primarily Acadians. UNI's administrative headquarters are in Caraquet on the Acadian Peninsula. The Fédération des caisses populaires acadiennes (the Fédération) was founded on December 3, 1946, shortly after the New Brunswick Credit Union League, created in 1938 as part of the popular Antigonish Movement, was divided into two separate entities. Factors that have contributed to the Mouvement's success were the catastrophic economic situation during the Great Depression, the minority status of the Acadians, and the dedication of its proponents, who included Livain Chiasson and first president, Martin J. Légère. In 2014, the Mouvement des caisses populaires acadiennes (the Mouvement), comprising the Fédération, its supporting institutions and subsidiaries, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Calgary
Calgary ( ) is the largest city in the western Canadian province of Alberta and the largest metro area of the three Prairie Provinces. As of 2021, the city proper had a population of 1,306,784 and a metropolitan population of 1,481,806, making it the third-largest city and fifth-largest metropolitan area in Canada. Calgary is situated at the confluence of the Bow River and the Elbow River in the south of the province, in the transitional area between the Rocky Mountain Foothills and the Canadian Prairies, about east of the front ranges of the Canadian Rockies, roughly south of the provincial capital of Edmonton and approximately north of the Canada–United States border. The city anchors the south end of the Statistics Canada-defined urban area, the Calgary–Edmonton Corridor. Calgary's economy includes activity in the energy, financial services, film and television, transportation and logistics, technology, manufacturing, aerospace, health and wellness, retail, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
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] |
Laurentian Bank Of Canada
The Laurentian Bank of Canada (LBC; french: Banque Laurentienne du Canada, link=no) is a Schedule 1 bank that operates primarily in the province of Quebec, with commercial and business banking offices located in Ontario, Alberta, British Columbia, and Nova Scotia. LBC's Institution Number (or routing number) is 039. The institution was established as the Montreal City and District Savings Bank in 1846. Shares for the bank were publicly listed on the Montreal Stock Exchange in 1965 and the Toronto Stock Exchange in 1983. In 1987, the institution was renamed the ''Laurentian Bank of Canada''. It is the only bank in North America to have had a labour union, some positions becoming unionized in 1967, with the rest of non-managerial positions joining decades later. In 2017, there was a failed attempt by the bank to decertify the Canadian Office and Professional Employees Union, but a majority of workers voted for union de-certification in March 2021, leading the Canada Industrial R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
