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Ontario Bank
Ontario Bank was an early bank operating in Ontario, Canada. It began operations in 1857 and was last listed as a member of the Canadian Bankers Association in 1901. The bank was founded in Bowmanville, Ontario by John Simpson, a local resident and a former bank manager for the town's Bank of Montreal branch. Simpson later became one of Canada's first senators. Simpson opened the bank's first branch in Bowmanville in 1857. In 1861 the impressive Toronto branch was built and by 1868 a limestone and brick head office building had been built in Bowmanville. In 1875, the head office was moved to Toronto. The bank and its 30 branches across the province were absorbed into the Bank of Montreal in the fall of 1906, after its general manager Charles McGill was found to have been speculating in the U.S. stock markets with bank funds and sustained an estimated $1.25 million in losses from ill-timed short sales. McGill was convicted of filing false tax returns and sentenced to a five-ye ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Montreal
The Bank of Montreal (BMO; french: Banque de Montréal, link=no) is a Canadian multinational investment bank and financial services company. The bank was founded in Montreal, Quebec, in 1817 as Montreal Bank; while its head office remains in Montreal, the operational headquarters and executive offices have been located in Toronto, Ontario since 1977. One of the Big Five banks in Canada, it is the fourth-largest bank in Canada by market capitalization and assets, and one of the eight largest banks in North America and the top 50 in the world. It is commonly known by its ticker symbol BMO (pronounced ), on both the Toronto Stock Exchange and the New York Stock Exchange. In October 2021, it had CA$634 billion in assets under administration (AUA). The Bank of Montreal swift code is BOFMCAM2 and the institution number is 001. On 23 June 1817, John Richardson and eight merchants signed the Articles of Association to establish the Montreal Bank in a rented house in Montreal, Quebec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bowmanville
Bowmanville is a town of approximately 40,000 people located in the Municipality of Clarington, Ontario, Clarington, Regional Municipality of Durham, Durham Region, Ontario, Canada. It is approximately east of Toronto, and east of Oshawa along Highway 2 (Ontario), Highway 2. Bowmanville was first incorporated as a town in 1858, but later incorporated with the neighbouring townships of Clarke and Darlington in 1974 forming the Town of Newcastle, which was renamed in 1994 to the Municipality of Clarington. Bowmanville is part of the Greater Toronto Area. History Settlers were attracted to the area by the farmland, and creeks for water mills. The lands which would later become Bowmanville were first purchased by John Burk, who began to clear the forest. Mills were built first on Barber's Creek (now called Bowmanville Creek), including one still standing, now called Vanstone's Mill, at the present-day intersection of King Street and Scugog St. More mills were built on nearby So ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Canada, it is Canada's most populous province, with 38.3 percent of the country's population, and is the second-largest province by total area (after Quebec). Ontario is Canada's fourth-largest jurisdiction in total area when the territories of the Northwest Territories and Nunavut are included. It is home to the nation's capital city, Ottawa, and the nation's most populous city, Toronto, which is Ontario's provincial capital. Ontario is bordered by the province of Manitoba to the west, Hudson Bay and James Bay to the north, and Quebec to the east and northeast, and to the south by the U.S. states of (from west to east) Minnesota, Michigan, Ohio, Pennsylvania, and New York. Almost all of Ontario's border with the United States f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Simpson (Ontario Politician)
John Simpson (May 12, 1812 – March 21, 1885) was an Ontario businessman and political figure. He was a Liberal member of the Senate of Canada from 1867 to 1885. He was born in Rothes, Scotland in 1812 and came to Upper Canada with his family in 1815, eventually settling in Brockville. He began work as a clerk in Charles Bowman's general store and mill at Darlington (later Bowmanville) and became Bowman's partner. Simpson excelled at the production of flour. After Bowman's death in 1848, he continued to operate the business in partnership with his brother-in-law. He became manager of the Bank of Montreal branch at Bowmanville in 1848, but became president of the newly formed Ontario Bank in 1857. Simpson served on the council for the Newcastle District and for Darlington Township. He was elected to the Legislative Council for the province in 1856 and reelected by acclamation in 1864. He was named to the Senate after Confederation A confederation (also known as a con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 anchor of the Golden Horseshoe, an urban agglomeration of 9,765,188 people (as of 2021) surrounding the western end of Lake Ontario, while the Greater Toronto Area proper had a 2021 population of 6,712,341. Toronto is an international centre of business, finance, arts, sports and culture, and is recognized as one of the most multicultural and cosmopolitan cities in the world. Indigenous peoples have travelled through and inhabited the Toronto area, located on a broad sloping plateau interspersed with rivers, deep ravines, and urban forest, for more than 10,000 years. After the broadly disputed Toronto Purchase, when the Mississauga surrendered the area to the British Crown, the British established the town of York in 1793 and later designat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Bankers Association
The Canadian Bankers Association (CBA; french: Association des banquiers canadiens) is a trade association and lobby group representing Canadian banks. Its over 60 members include Canada's Big Five banks, smaller domestic banks, and Canadian subsidiaries of foreign banks. Founded in Montreal in 1891, the CBA is one of Canada's oldest interest groups. The CBA is headquartered at Commerce Court West in Toronto's Financial District and maintains additional offices in Ottawa and Montreal. Lobbying activities with the federal government (2012) According to the Federal lobbyist registry, from January to September 2012, the Canadian Bankers Association had 131 contacts with federal officials to discuss issues such as mortgage insurance, identity theft laws, do-not-call list, corporate income tax, and accounting rules, making it the lobby group with the second most contacts that year. See also * Banking in Canada Banking in Canada is one of Canada's most important industries with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Toronto Star
The ''Toronto Star'' is a Canadian English-language broadsheet daily newspaper. The newspaper is the country's largest daily newspaper by circulation. It is owned by Toronto Star Newspapers Limited, a subsidiary of Torstar Corporation and part of Torstar's Daily News Brands division. The newspaper's offices are located at One Yonge Street in the Harbourfront neighbourhood of Toronto. The newspaper was established in 1892 as the ''Evening Star'' and was later renamed the ''Toronto Daily Star'' in 1900, under Joseph E. Atkinson. Atkinson was a major influence in shaping the editorial stance of the paper, with the paper having reflected his values until his death in 1948. The paper was renamed the ''Toronto Star'' in 1971. The newspaper introduced a Sunday edition in 1973. History The ''Star'' was created in 1892 by striking ''Toronto News'' printers and writers, led by future mayor of Toronto and social reformer Horatio Clarence Hocken, who became the newspaper's founder, along ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of Canada
{{Disambiguation ...
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] |
Banks Established In 1857
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 Disestablished In 1906
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] |
1857 Establishments In Ontario
Events January–March * January 1 – The biggest Estonian newspaper, ''Postimees'', is established by Johann Voldemar Jannsen. * January 7 – The partly French-owned London General Omnibus Company begins operating. * January 9 – The 7.9 Fort Tejon earthquake shakes Central and Southern California, with a maximum Mercalli intensity of IX (''Violent''). * January 24 – The University of Calcutta is established in Calcutta, as the first multidisciplinary modern university in South Asia. The University of Bombay is also established in Bombay, British India, this year. * February 3 – The National Deaf Mute College (later renamed Gallaudet University) is established in Washington, D.C., becoming the first school for the advanced education of the deaf. * February 5 – The Federal Constitution of the United Mexican States is promulgated. * March – The Austrian garrison leaves Bucharest. * March 3 ** France and the United Kingdom formall ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
