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Founded in 1986 as the Canadian Home Income Plan Corporation. HomeEquity Bank is the first Canadian bank to offer reverse mortgages to Canadian homeowners aged 55 and over. On 13 October 2009, HomeEquity Bank was recognized as a Schedule 1 Canadian Bank. Innovation Federal Credit Union: 2007 Swift Current: Member owned. Received approval to ...
The strength of the Canadian dollar and the relative weakness of U.S. bank prices have led commentators to suggest that the big five banks could consider an expansion into the United States. Because of the recent recession, Royal Bank of Canada has now eclipsed Morgan Stanley in terms of market valuation. According to figures compiled by 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]
The Bank of Montreal has been paying dividends to share holders every year since 1829 (196 years ago), [13] Scotiabank since 1833 (192 years ago), [13] Toronto-Dominion Bank since 1857 (168 years ago), [14] Canadian Imperial Bank of Commerce since 1868 (157 years ago) [15] and Royal Bank of Canada since 1870 (155 years ago) [16] respectively.
This page was last edited on 18 January 2020, at 21:01 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Credit unions have a history of innovation in Canadian financial services. Here are some of the products and services that credit unions were first to market: [12] First financial institutions to lend to women in their own names (in the 1960s) First to offer daily interest savings; First full-service ABMs; First fully functional online banking
This page was last edited on 26 January 2020, at 20:53 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
First Air: Consumer services Airlines Kanata: 1946 Charter airline P A First Majestic Silver: Basic materials Platinum & precious metals Vancouver: 2002 Silver mining P A First Nations Bank of Canada: Financials Banks Saskatoon: 1996 Bank P A First Quantum Minerals: Basic materials Copper Toronto: 1983 Mining P A Flickr: Technology Internet ...