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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] |
Quebec
Quebec ( ; )According to the Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirteen provinces and territories of Canada. It is the largest province by area and the second-largest by population. Much of the population lives in urban areas along the St. Lawrence River, between the most populous city, Montreal, and the provincial capital, Quebec City. Quebec is the home of the Québécois nation. Located in Central Canada, the province shares land borders with Ontario to the west, Newfoundland and Labrador to the northeast, New Brunswick to the southeast, and a coastal border with Nunavut; in the south it borders Maine, New Hampshire, Vermont, and New York in the United States. Between 1534 and 1763, Quebec was called ''Canada'' and was the most developed colony in New France. Following the Seven Years' War, Quebec b ... [...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
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 ... [...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] |
Unity Bank Of Canada
The Unity Bank of Canada was a small Canadian bank that was established in Toronto, Ontario in 1972. Richard Higgins was president and David Matthews was general manager. It amalgamated with the 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 d ... on February 14, 1977. By September 1975, the bank had 23 branches in Quebec, Ontario, British Columbia and Alberta. In 1977, the Unity Bank experienced problem loans, and large creditors withdrew funds when they became aware of the bank's financial problems. The Bank of Canada advanced funds to provide liquidity support over a three-month period. Historically, very few chartered banks in Canada have experienced liquidity crises. Journalist Walter Stewart alluded to Unity Bank's troubled history in a 1983 speech ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque Canadienne Nationale
The Banque Canadienne Nationale was a bank based in the province of Quebec, Canada. It was formed in 1924 from the merger of the Banque d'Hochelaga and the Banque Nationale, and operated until 1979, when it became part of the National Bank of Canada. History In 1859, several prominent Quebecers founded the Banque Nationale in Quebec City as a banking institution controlled by French-speaking businessmen.Jean-Marie Lebel. Le Vieux-Québec: guide du promeneur'. Les éditions du Septentrion; 1997. . p. 72–. In 1924, the Banque Nationale, which was struggling financially while caught-up in a serious recession,Legacy: How French Canadians Shaped North America'. McClelland & Stewart; 8 November 2016. . p. 86–. merged with the Banque d'Hochelaga (founded in Montreal in 1874) to create the Banque Canadienne Nationale (BCN, Canadian National Bank).Québec, 1900-2000: le siècle d'une capitale'. Éditions MultiMondes; 2000. . p. 79–. The Quebec provincial government, under Alexandre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hormidas Laporte
Sir Hormisdas Laporte, (7 November 1850 – 20 February 1934) was a Canadian businessman and financier. He served as Mayor of Montreal from 1904 to 1906. His first name is given as Hormidas in some sources. Biography Laporte began working at the age of 17 in a nail factory and studied at night with a tutor. By the age of 20, he was working in a grocery and set up his own business within six months. He established Laporte, Martin and Co., a wholesale grocery, in 1881. The enterprise was successful despite instances of flooding and fire and he developed it into a chain. In 1892 he became the first president of the ''Alliance Nationale'', a mutual aid society which evolved into a major Quebec insurance company. He was elected to city council as an alderman in 1896 and became mayor eight years later. He was a reformer on council and wanted to curtail the growth of public expenditures and eliminate patronage and corruption. As mayor, he campaigned to abolish the public utilit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mayor Of Montreal
The mayor of Montreal is head of the executive branch of the Montreal City Council. The current mayor is Valérie Plante, who was elected into office on November 5, 2017, and sworn in on November 16. The office of the mayor administers all city services, public property, police and fire protection, most public agencies, and enforces all city and provincial laws within Montreal, Quebec. The mayor is directly elected by citizens, by a plurality of votes, for a four-year term (unless a vacancy occurs). The mayor's office is located in Montreal City Hall. History of the office The first poll in the history of Montreal was held on the day the first charter of Montreal came into effect – June 3, 1833. On June 5, 1833 city council chose Jacques Viger as the first mayor of Montreal. The same day that Jacques Viger was elected mayor of Montreal, city council adopted a series of administrative by-laws, as well as ordinances to improve cleanliness in city districts. Andrew Ste ... [...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] |
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 Disestablished In 1979
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
