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Canada Permanent
Canada Permanent was the collective name for the Canada Permanent Mortgage Corporation and its subsidiary the Canada Permanent Trust Company. The company was formed in 1855 in Toronto by John Herbert Mason (1827–1911). In 1899, Permanent merged with Western Canada Loan and Savings, Freehold Loan and Savings, and the London and Ontario Investment Company. On 10 July 1899, the operations of the four companies were amalgamated into a new corporation called the Canada Permanent and Western Canada Mortgage Corporation. In 1903, it was renamed the Canada Permanent Mortgage Corporation. In 1913, Canada Permanent Mortgage incorporated a subsidiary trust company called the Canada Permanent Trust Company. By the 1980s, Canada Permanent was the country's fourth largest mortgage loan and trust company, after Canada Trust, Royal Trust, and National Trust. In 1981, Canada Permanent was acquired by Genstar. Then, in September 1985, Genstar acquired Canada Trust. On 31 December 1985, Gensta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada Trust
The Canada Trust Company was a Canadian trust company founded in 1894 in Calgary, Alberta, as the General Trust Corporation of Canada. In 1899, it was acquired by the Huron and Erie Savings and Loan Society, which moved the company to London, Ontario, and changed its name to the Canada Trust Company. In September 1985, Canada Trust was acquired by the conglomerate Genstar Corp. and, at the beginning of 1986, Genstar merged Canada Trust with Canada Permanent. The new company, which became the country's sixth-largest financial institution, was acquired in March 1986 by the tobacco conglomerate Imasco. In June 1999, Imasco's controlling shareholder, British American Tobacco, announced its plan to increase its share to a majority. As part of the deal, British American would sell Canada Trust to the Toronto-Dominion Bank. The sale, worth CAD$7.8 billion, closed on 1 February 2000. History Founding in Calgary, 1894–1899 The articles of incorporation of the General Trust Corporati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada Permanent Building
The Canada Permanent Trust Building (now known as "The Permanent") is an 18-storey office building located at 320 Bay Street, in downtown Toronto. It was designed by the architect Henry Sproatt and completed in 1930. The building was constructed as the headquarters of Canada Permanent. Heritage information The building is designated under Part IV of the ''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 Canadian Province of Ontario, as being of cultural heritage ...'' since November 26, 1975. There is also a heritage easement agreement on the building, Registered C440805, since January 7, 1988. The building has a heritage designation plaque to inform the public, placed in 1978. Per the official designation: "The Canada Permanent Trust Building, 320 Bay Street at Adelaide Street West (SW), 1929–30 by F. Hilton Wilk ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toronto, Ontario
Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a population of 2,794,356 in 2021, it is the List of North American cities by population, 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. As of 2024, the census metropolitan area had an estimated population of 7,106,379. Toronto is an international centre of business, finance, arts, sports, and culture, and is recognized as one of the most multiculturalism, multicultural and cosmopolitanism, cosmopolitan cities in the world. Indigenous peoples in Canada, Indigenous peoples have travelled through and inhabited the Toronto area, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Trust Company
The Royal Trust Company is a Canadian trust company that was founded in 1892 in Montreal, Quebec. By the late 20th century, it carried out trust, financial, real estate and deposit services in over 100 branches in Canada, the U.S. and overseas. In 1993, the company was bought by the Royal Bank of Canada, and Royal Trust is now part of RBC Wealth Management. History The Royal Trust Company was founded in 1892 as the Royal Trust and Fidelity Company when on 24 June of that year its articles of incorporation were assented by the Parliament of Quebec. The founding members were Edward S. Clouston, J. Burnett, Frank Paul, George A. Drummond, Richard B. Angus, David Burke, C. G. Clouston, John Cassils, R. D. McGibbon, Louis-Joseph Forget, Charles R. Hosmer, James Ross, Herbert S. Holt, and D. Macmaster. Of its charter board of 16 members, nine were members of the Bank of Montreal's board. The firm shared the premises of that bank from 1895. Donald Smith, who at the time presided ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Trust Company
The National Trust Company is a Canadian trust company that has existed since 1898. The company was formed by George Albertus Cox and originally was part of a network of financial companies he controlled. In its first year of operations the company opened an office in Montreal, and in its second year it expanded to Western Canada through the acquisition of the Manitoba Trust Company. National Trust played an important role in the development of the west through the issuance of farm mortgages. For the first half-century of its life, National Trust was primarily a fiduciary operation and acted as a trustee for major concerns such as the Canadian Northern Railway, Brookfield Corporation, Brazilian Traction, and Barcelona Traction. After the onset of the Great Depression, the company struggled for the next two decades. In the early 1950s, National Trust expanded beyond its fiduciary operations and developed a deposit and savings arm. Over the next three decades, the company opened 50 s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Genstar Development Company
Genstar Development Company (Canada) is a real estate development company that creates master planned communities throughout Canada. Genstar has a history dating back over 50 years developing thousands of acres into some of the most recognized communities across Canada. Today, Genstar has active projects in Calgary, Edmonton and Winnipeg. History The company's origins date back to 1950 as BACM Industries founded by the Simkin Family in Winnipeg Winnipeg () is the capital and largest city of the Provinces and territories of Canada, Canadian province of Manitoba. It is centred on the confluence of the Red River of the North, Red and Assiniboine River, Assiniboine rivers. , Winnipeg h .... In 1973, BACM Industries was sold to Genstar Corporation and was renamed Genstar Development Company. At that time, the Company operated in Winnipeg, Edmonton, Calgary, and Vancouver. Soon after, operations were added in Toronto and then Ottawa. In the late 1970s the Company also started ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toronto-Dominion Bank
Toronto-Dominion Bank (), doing business as TD Bank Group (), is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank was created on February 1, 1955, through the merger of the Bank of Toronto and the Dominion Bank, which were founded in 1855 and 1869, respectively. It is one of two Big Five banks of Canada founded in Toronto, the other being the Canadian Imperial Bank of Commerce. In 2021, according to Standard & Poor's, TD Bank Group was the largest bank in Canada by total assets and also by market capitalization, a top 10 bank in North America, and the 23rd largest bank in the world. In 2019, it was designated a global systemically important bank by the Financial Stability Board. In 2023, the company was ranked 43rd in the Forbes Global 2000. The bank and its subsidiaries have over 89,000 employees and over 26million clients worldwide. In Canada, the bank operates through its TD Canada Trust division and serve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1855 Establishments
Events January–March * January 1 – Ottawa, Ontario, is incorporated as a city.' * January 5 – Ramón Castilla begins his third term as President of Peru. * January 23 ** The first bridge over the Mississippi River opens in modern-day Minneapolis, a predecessor of the Father Louis Hennepin Bridge. ** The 8.2–8.3 Wairarapa earthquake claims between five and nine lives near the Cook Strait area of New Zealand. * January 26 – The Point No Point Treaty is signed in the Washington Territory. * January 27 – The Panama Railway becomes the first railroad to connect the Atlantic and Pacific Oceans. * January 29 – Lord Aberdeen resigns as Prime Minister of the United Kingdom, over the management of the Crimean War. * February 5 – Lord Palmerston becomes Prime Minister of the United Kingdom. * February 11 – Kassa Hailu is crowned Tewodros II, Emperor of Ethiopia. * February 12 – Michigan State University (the "pioneer" land-g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1985 Disestablishments
The year 1985 was designated as the International Youth Year by the United Nations. Events January * January 1 ** The Internet's Domain Name System is created. ** Greenland withdraws from the European Economic Community as a result of a new agreement on fishing rights. * January 7 – Japan Aerospace Exploration Agency launches ''Sakigake'', Japan's first interplanetary spacecraft and the first deep space probe to be launched by any country other than the United States space exploration programs, United States or the Soviet space program, Soviet Union. * January 15 – Tancredo Neves is Brazilian presidential election, 1985, elected president of Brazil by the National Congress of Brazil, Congress, ending the Military dictatorship in Brazil, 21-year military rule. * January 27 – The Economic Cooperation Organization, Economic Cooperation Organization (ECO) is formed, in Tehran. * January 28 – The charity single record "We Are the World" is recorded by USA ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
