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The main Montreal branch of the Bank of Montreal, Canada's oldest bank. Toronto's financial district. 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 main federal statute for the incorporation and regulation of banks, or chartered banks, is the Bank Act (S.C. 1991, c.46), where Schedules I, II and III of this Act list all banks permitted to operate in Canada under these three distinct categories. [42]
The main federal statute for the incorporation and regulation of banks, or chartered banks, is the Bank Act (S.C. 1991, c.46), [20] where Schedules I, II and III of this Act list all banks permitted to operate in Canada under these three distinct categories: Schedule I: Banks allowed to accept deposits and which are not subsidiaries of a ...
Amendments to the Bank Act in 1991 allowed bank holding companies for the first time to acquire trust companies. Since 1991, most of Canada's major trust companies have been acquired by banks. Canadian trust companies with federal incorporations are regulated by the Trust and Loan Companies Act. [5]
See related article, Banking in Canada. Subcategories. This category has the following 14 subcategories, out of 14 total. ... Canadian Western Bank; Bank of Canada ...
List of Canadian Chartered Banks that issued notes. for circulation outside of Canada. Bank Dates of Issues Denominations Canadian Bank of Commerce - Barbados 1922 and 1940 $5, $20, $100 - Jamaica 1921 and 1938 £1, £5 - Trinidad 1921 and 1939 $5, $20, $100 Bank of Nova Scotia - Jamaica 1900, 1919, 1920 and 1930 £1, £5 Royal Bank of Canada [10]
RBC Securities analyst Darko Mihelic estimates about C$315 billion ($224.86 billion) of mortgages renewing at the chartered banks in 2025, many with variable-rate mortgages that are currently ...
Standard Chartered bank was created by a merger of Standard Bank of British South Africa (1862) and the Chartered Bank of India, Australia and China (1853) in 1969. [1] It quit Canada in the 1990s, selling its two retail branches to Bank of Montreal and its commercial branch to Toronto-Dominion Bank. Standard Chartered's separate metals ...