Search results
Results From The WOW.Com Content Network
The Toronto Transit Commission (TTC) is the primary public transport agency in Toronto, Ontario, Canada, operating the majority of the city's bus and rail services. It is the oldest and largest of the urban transit service providers in the Greater Toronto Area, with numerous connections to systems serving its surrounding municipalities.
The Presto card (stylized as PRESTO) is a contactless smart card automated fare collection system used on participating public transit systems in the province of Ontario, Canada, specifically in Greater Toronto, Hamilton, and Ottawa.
Commercial Bank of Canada 1831 1868 Founded in 1831 as the Commercial Bank of the Midland District, the name changed to the Commercial Bank of Canada in 1856. [99] Merged with the Merchants Bank in Montreal to form the Merchants' Bank of Canada. [100] Commercial Bank of Manitoba: 1885 1893 Failed. [101] Commercial Bank of Montreal 1835 1837 ...
For much of the 20th century, Canada's trust companies were controlled by the major banks through interlocking directorates. However, revisions to the Bank Act in 1967 forbade individuals from sitting on a bank and trust company board simultaneously; this had been a recommendation in the 1964 Report of the Royal Commission on Banking and ...
However, the TCR routes were operating in areas not served by the private TRC. In 1920, a Provincial Act created the Toronto Transportation Commission (TTC) and, in 1921, the Commission took over and amalgamated nine existing fare systems within the city limits. Between 1921 and 1953, the TTC added 35 new routes in the city and extended 20 more.
In 1998, the Bank of Montreal proposed a merger with the Royal Bank of Canada around the same time that CIBC proposed to combine with the Toronto-Dominion Bank. [23] The banks argued that these mergers would enable them to compete globally with other financial institutions. [33] This would have left Canada with only three major national banks.
The TTC discontinued sales of senior and youth tickets in 2019, but remain valid for use until June 2025. [18] TTC senior, student and child tickets from 2009. The TTC has used paper tickets since its founding as the Toronto Transportation Commission in 1921. The first tickets sold 4 for 25 cents for adults, and 10 for 25 cents for children.
The TTC operated its first dial-a-bus services under GO Transit in 1973. In 1975, the first paratransit service, Wheel-Trans, was established by a private operator. The TTC also began using minibuses for minor routes, which would be replaced by regular buses by 1981. [9] A Wheel-Trans bus at York University in 2013.