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Molson Bank
The Molson Bank (sometimes labeled Molsons Bank) was a Canadian bank founded in Montreal, Quebec, by brothers William (1793–1875) and John Molson, Jr. (1787–1860), the sons of brewery magnate John Molson. History In 1850, it was constituted under the ''Free Banking Act'' passed by the parliament of the Province of Canada. To increase its powers and its revenue, the bank was incorporated in 1855. It was granted a charter on May 19, 1855 in Montreal allowing it to operate its bank in the same way as other banks. With its head office at the corner of St. James & St. Peter streets (today known as Saint-Jacques and Saint-Pierre streets) in Montreal, it continued in operation until 1925 when it merged with the Bank of Montreal. Branches The bank operated 125 branches primarily in Quebec and Ontario. It also had branches in western Canada and agents in the US and UK. The Bank of Montreal at 3 King Street South, Waterloo, Ontario, is a former branch of the Molson Bank that was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Canada
Banking in Canada is one of Canada's most important industries with several banks being among its largest and most profitable companies. It is dominated by a small number of large banks, with the six largest combining for 90% of the market share. The two largest, the Royal Bank of Canada and the Toronto Dominion Bank are among the world's 25 largest banks. It has been considered to be one of the safest and soundest banking systems in the world, and avoided major problems in the Financial crisis of 2007–2008.World Economic Forum - Global Competitiveness Report . Canada's banks have high service levels and investments in technology. A report released by the office of the |
Waterloo Regional Road 15
King Street, or Waterloo Regional Road 15, is the major northwest–southeast arterial road in Kitchener, Ontario, as well as Waterloo, Ontario, where it runs north–south. In Waterloo, King Street divides the city into east and west sides, and in Kitchener, it divides the city into north and south sides. At the Conestoga Parkway, in southern Kitchener, King Street becomes the Highway 8 Expressway. King Street "resumes" about four kilometres to the east, where Weber Street is renamed to King Street and then continues to Cambridge, Ontario. Route description Downtown Kitchener In Kitchener, the main segment of King Street starts at the Highway 8 Freeport Diversion, also known as Highway 8 Expressway, bend in an interchange with the Conestoga Parkway. After the Freeport Diversion passes under the Conestoga overpasses, the Highway 8 designation continues on the Conestoga west of the junction on the loop ramp, but going straight ahead defaults to King Street, which continues nort ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1850 Establishments In Quebec
Year 185 ( CLXXXV) was a common year starting on Friday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Lascivius and Atilius (or, less frequently, year 938 ''Ab urbe condita''). The denomination 185 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Nobles of Britain demand that Emperor Commodus rescind all power given to Tigidius Perennis, who is eventually executed. * Publius Helvius Pertinax is made governor of Britain and quells a mutiny of the British Roman legions who wanted him to become emperor. The disgruntled usurpers go on to attempt to assassinate the governor. * Tigidius Perennis, his family and many others are executed for conspiring against Commodus. * Commodus drains Rome's treasury to put on gladiatorial spectacles and confiscates property to suppor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Disestablished In 1925
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] |
Banks Established In 1850
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] |
Molson Family
The Molson family of Montreal, Quebec, Canada, was founded by John Molson, who immigrated to Canada in 1782 from his home in Lincolnshire, England. They are considered to be one of Canada's most prominent business families with a combined net worth of C$1.75 billion. History John Molson's success saw him and his offspring build Canada's largest brewery (Molson Brewery), finance its first steamboat and build the first railroad. His sons established Molson's Bank, which printed its own currency, and in the city of Montreal, which was overwhelmingly Catholic, they financed the construction of a Protestant church. The three Molson family mausoleums, built by Irish-born architect George Browne, are among Mount Royal Cemetery's most prestigious funerary monuments. Hartland Molson, a businessman and statesman, expanded the family's brewing operations nationwide, co-purchased the Canadian Arena, which included the Montreal Forum and the Montreal Canadiens ice hockey club (1957–196 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Montreal
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Quebec
The economy of Quebec is diversified and post-industrial with an average potential for growth. Manufacturing and service sectors dominate the economy. If Quebec were a country, its economy would be ranked the 33rd largest in the world just behind Norway. Quebec is also ranked the 21st largest in the Organisation for Economic Co-operation and Development. The economy of Quebec represents 19.65% of the total GDP of Canada. For the 2017-2018 period, Quebec's budget was C$103,7 billion. This budget planned to provide $3 billion more to the healthcare sector over 2 years. The economy of Quebec represents 20.36% of the total GDP of Canada. Like most industrialized countries, the economy of Quebec is based mainly on the services sector. Quebec's economy has traditionally been fuelled by abundant natural resources, a well-developed infrastructure, and average productivity. The provincial GDP in 2010 was C$319,348 billion, making Quebec the second largest economy in Canada. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of Canada
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Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks 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] |
Plinth
A pedestal (from French ''piédestal'', Italian ''piedistallo'' 'foot of a stall') or plinth is a support at the bottom of a statue, vase, column, or certain altars. Smaller pedestals, especially if round in shape, may be called socles. In civil engineering, it is also called ''basement''. The minimum height of the plinth is usually kept as 45 cm (for buildings). It transmits loads from superstructure to the substructure and acts as the retaining wall for the filling inside the plinth or raised floor. In sculpting, the terms base, plinth, and pedestal are defined according to their subtle differences. A base is defined as a large mass that supports the sculpture from below. A plinth is defined as a flat and planar support which separates the sculpture from the environment. A pedestal, on the other hand, is defined as a shaft-like form that raises the sculpture and separates it from the base. An elevated pedestal or plinth that bears a statue, and which is raised from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Henry Robinson Molson
John Henry Robinson Molson (June 5, 1826 – May 28, 1897) was a Canadian entrepreneur and philanthropist. He was an owner of Molson Brewery and president of Molson Bank. Born June 5, 1826 to Thomas Molson (1791–1863) and Martha Molson (1795–1848) at Kingston, Upper Canada, "Jackey", as he was affectionately known, was educated in Montreal public schools. Inheriting the Molson Brewery in 1847 under the terms of his grandfather's will, he became associated with its management. In 1852 he entered into partnership with his father to conduct their separately owned brewing and distilling enterprises. Operations were continued after 1863 by John H.R. Molson and other brothers. On the retirement of John Thomas Molson in 1866, distilling was abandoned but the brewery continued under John H.R. Molson and Adam Skaife. In 1879 Molson was made a director of Molson Bank and was forthwith elected vice-president, and later president, 1889-97. Other interests included the Montreal Street Railw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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