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Quebec Bank
Quebec Bank was founded on June 9, 1818 to meet a perceived need by some merchants and residents of Quebec City. They wanted an alternative to the newly founded Bank of Montreal which they felt was inadequate for the needs of the province. The bank was incorporated in 1822 in Quebec City and made good progress until the great revulsion of 1826–7. The first president was John William Woolsey. Robert Henry Bethune was part of the banks organization from 1864 -1870 during a time when Quebec Bank was changing the way Canadian banks lent money. The bank was predominantly in Quebec and to a lesser extent in Ontario with a few branches in western Canada when it was absorbed by the Royal Bank of Canada in 1917. The integration of the Quebec Bank into the Royal Bank was made effective January 1, 1918, adding 20 million dollars to the assets of the Royal Bank. A small reminder of the banks existence is the Quebec Bank Building in Montreal with its name carved over the entrance. On July 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Bank Of Canada
Royal Bank of Canada (RBC; french: Banque royale du Canada) is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 17 million clients and has more than 89,000 employees worldwide. Founded in 1864 in Halifax, Nova Scotia, it maintains a corporate headquarters in Toronto and its head office in Montreal. RBC's institution number is 003. In November 2017, RBC was added to the Financial Stability Board's list of global systemically important banks. In Canada, the bank's personal and commercial banking operations are branded as ''RBC Royal Bank'' in English and ''RBC Banque Royale'' in French and serves approximately 10 million clients through its network of 1,209 branches. RBC Bank is a US banking subsidiary which formerly operated 439 branches across six states in the Southeastern United States, but now only offers cross-border banking services to Canadian travellers and expats. RBC ... [...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] |
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] |
Banking
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] |
John William Woolsey
John William Woolsey (26 July 1767 – 9 May 1853) was a Canadian businessman born at Quebec. Woolsey was the first president of Quebec Bank which was founded in 1818 and incorporated in 1822. References Biography at the ''Dictionary of Canadian Biography Online'' External links at the National Gallery of Canada
The National Gallery of Canada (french: Musée des beaux-arts du Canada), located in the capital city of Ottawa, Ontario, is Canada's national art museum. The museum's building takes up , with of space used for exhibiting art. It is one of the l ... , Ottawa, Ontario
1767 births
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Quebec City
Quebec City ( or ; french: Ville de Québec), officially Québec (), is the capital city of the Provinces and territories of Canada, Canadian province of Quebec. As of July 2021, the city had a population of 549,459, and the Communauté métropolitaine de Québec, metropolitan area had a population of 839,311. It is the eleventhList of the largest municipalities in Canada by population, -largest city and the seventhList of census metropolitan areas and agglomerations in Canada, -largest metropolitan area in Canada. It is also the List of towns in Quebec, second-largest city in the province after Montreal. It has a humid continental climate with warm summers coupled with cold and snowy winters. The Algonquian people had originally named the area , an Algonquin language, AlgonquinThe Algonquin language is a distinct language of the Algonquian languages, Algonquian language family, and is not a misspelling. word meaning "where the river narrows", because the Saint Lawrence River na ... [...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] |
Robert Henry Bethune
Robert Henry Bethune (May 5, 1836 – March 27, 1895) was a Canadian banker born in Cobourg, Upper Canada. He was a son of Alexander Neil Bethune and Jane Eliza Crooks (1809-1861). Robert was raised in Cobourg, educated in private schools and then attended Upper Canada College in Toronto. He began his banking career in Brockville with the Bank of Montreal. He impressed his employers and his responsibilities increased. By 1864 he was the manager in St. Catharines and married. He also changed employers and moved to the Quebec Bank where they were pioneering new approaches to lending. In 1870, Bethune took his considerable skills to the newly formed Dominion Bank The Dominion Bank was a Canadian bank that was chartered in 1869 and based in Toronto, Ontario. On February 1, 1955, it merged with the Bank of Toronto to form the Toronto-Dominion Bank, which is known as the present-day TD Bank Group. History ... in Toronto and became the cashier. He began a period of quiet expan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quebec Bank Building, Montreal
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 became ... [...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] |
Ontario Heritage Act
The ''Ontario Heritage Act'', (the ''Act'') first enacted on March 5, 1975, allows municipalities and the provincial government to designate individual properties and districts in the Province of Ontario, Canada, as being of cultural heritage value or interest. Designation under the ''Ontario Heritage Act'' Once a property has been designated under Part IV of the ''Act'', a property owner must apply to the local municipality for a permit to undertake alterations to any of the identified heritage elements of the property or to demolish any buildings or structures on the property. Part V of the ''Act'' allows for the designation of heritage conservation districts. Amendments to the legislation Until 2005, a designation of a property under the ''Act'' allowed a municipality to delay, but not ultimately prevent, the demolition of a heritage property. Heritage advocates were highly critical of the 180-day "cooling off" period provided for under the legislation, which was intende ... [...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] |
