The Northland Bank was an
Alberta
Alberta ( ) is one of the thirteen provinces and territories of Canada. It is part of Western Canada and is one of the three prairie provinces. Alberta is bordered by British Columbia to the west, Saskatchewan to the east, the Northwest Ter ...
-based
Canadian
Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of ...
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 ...
that failed in 1985. It was incorporated in 1974. It failed and was closed by the Canadian government shortly after the failure, also in 1985, of the
Canadian Commercial Bank
The Canadian Commercial Bank (CCB) was a bank based in Edmonton, Alberta, Canada which failed in 1985. It received its parliamentary charter in 1975 and established its head office in Edmonton. The bank was privately owned and operated as a who ...
. The failures of both banks were the subject of a Commission of Inquiry headed by Supreme Court of Canada Justice
Willard Estey
Willard Zebedee "Bud" Estey (October 10, 1919 – January 25, 2002) was a Canadian justice of the Supreme Court of Canada.
Estey was born in Saskatoon, Saskatchewan. He was the son of James Wilfred Estey, a puisne justice of the Supreme C ...
, who issued his report in 1986.
References
Further reading
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Banks established in 1974
Defunct banks of Canada
Bank failures
Banks disestablished in 1985
1974 establishments in Alberta
1985 disestablishments in Alberta
Canadian companies disestablished in 1985
Canadian companies established in 1974
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