Bank of British North America
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| Toronto Toronto is the provincial capital of Ontario and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. A relatively modern city, Toronto's history dates back to the late-18th century, when its land was first purchased by the British monarchy from... , Montreal Montreal Montreal is a city in Canada. It is the largest city in the province of Quebec, the second-largest city in Canada and the seventh largest in North America... , Quebec City Quebec City Quebec , also Québec, Quebec City or Québec City is the capital of the Canadian province of Quebec and is located within the Capitale-Nationale region. It is the second most populous city in Quebec after Montreal, which is about to the southwest... , Saint John, New Brunswick Saint John, New Brunswick City of Saint John , or commonly Saint John, is the largest city in the province of New Brunswick, and the first incorporated city in Canada. The city is situated along the north shore of the Bay of Fundy at the mouth of the Saint John River. In 2006 the city proper had a population of 74,043... , Halifax Halifax Regional Municipality, Nova Scotia Halifax Regional Municipality is the capital of the province of Nova Scotia, Canada. The Regional Municipality had a 2006 census population of 372,679, while the metropolitan area had a 2010 estimated population of 403,188, and the urban area of Halifax had a population of 282,924... , Canada Canada Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean... and St. John's, Newfoundland St. John's, Newfoundland and Labrador St. John's is the capital and largest city in Newfoundland and Labrador, and is the oldest English-founded city in North America. It is located on the eastern tip of the Avalon Peninsula on the island of Newfoundland. With a population of 192,326 as of July 1, 2010, the St... |
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| Bank of Montreal The Bank of Montreal , , or BMO Financial Group, is the fourth largest bank in Canada by deposits. The Bank of Montreal was founded on June 23, 1817 by John Richardson and eight merchants in a rented house in Montreal, Quebec. On May 19, 1817 the Articles of Association were adopted, making it... |
The Bank of British North America was founded in 1835 in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
, England
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...
with offices in Toronto
Toronto
Toronto is the provincial capital of Ontario and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. A relatively modern city, Toronto's history dates back to the late-18th century, when its land was first purchased by the British monarchy from...
, Montreal
Montreal
Montreal is a city in Canada. It is the largest city in the province of Quebec, the second-largest city in Canada and the seventh largest in North America...
, Quebec City
Quebec City
Quebec , also Québec, Quebec City or Québec City is the capital of the Canadian province of Quebec and is located within the Capitale-Nationale region. It is the second most populous city in Quebec after Montreal, which is about to the southwest...
, Saint John, New Brunswick
Saint John, New Brunswick
City of Saint John , or commonly Saint John, is the largest city in the province of New Brunswick, and the first incorporated city in Canada. The city is situated along the north shore of the Bay of Fundy at the mouth of the Saint John River. In 2006 the city proper had a population of 74,043...
, Halifax
Halifax Regional Municipality, Nova Scotia
Halifax Regional Municipality is the capital of the province of Nova Scotia, Canada. The Regional Municipality had a 2006 census population of 372,679, while the metropolitan area had a 2010 estimated population of 403,188, and the urban area of Halifax had a population of 282,924...
and St. John's, Newfoundland
St. John's, Newfoundland and Labrador
St. John's is the capital and largest city in Newfoundland and Labrador, and is the oldest English-founded city in North America. It is located on the eastern tip of the Avalon Peninsula on the island of Newfoundland. With a population of 192,326 as of July 1, 2010, the St...
. It also operated agencies in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
and San Francisco. Like the other Canadian chartered banks, it issued its own paper money. The bank issued notes 1852-1911. The end dates are the final dates appearing on notes, which may have circulated for some time after. The Bank of Canada
Bank of Canada
The Bank of Canada is Canada's central bank and "lender of last resort". The Bank was created by an Act of Parliament on July 3, 1934 as a privately owned corporation. In 1938, the Bank became a Crown corporation belonging to the Government of Canada...
was established through the Bank of Canada Act of 1934 and the banks relinquished their right to issue their own currency.
It merged with the Bank of Montreal
Bank of Montreal
The Bank of Montreal , , or BMO Financial Group, is the fourth largest bank in Canada by deposits. The Bank of Montreal was founded on June 23, 1817 by John Richardson and eight merchants in a rented house in Montreal, Quebec. On May 19, 1817 the Articles of Association were adopted, making it...
in 1918. "British North America" was the common name by which the British colonies and territories that now comprise Canada were known prior to 1867. Many Canadian banks disappeared as a result of mergers in the 20th century and by 2007, only five or six major banks and several smaller ones still operate in Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
.
Branches
The Bank of British North America in Dawson, Yukon built in 1899 is on the Registry of Historical Places of Canada. The Bank of British North America in Winnipeg, Manitoba, constructed in 1903-04, is on the Registry of Historical Places of Canada.49 Yonge Street, Toronto
Yonge Street
Yonge Street is a major arterial route connecting the shores of Lake Ontario in Toronto to Lake Simcoe, a gateway to the Upper Great Lakes. It was formerly listed in the Guinness Book of Records as the longest street in the world at , and the construction of Yonge Street is designated an "Event of...
and Wellington. The current building, designed by architect Henry Langley
Henry Langley (architect)
Henry Langley was a Canadian architect based in Toronto. He was active from 1854 to 1907. Among the first architects born and trained in Canada, he was a founding members of the Royal Canadian Academy of Arts in 1880 and was instrumental in establishing the Ontario Association of Architects in 1889...
, replaced the original in 1875. A restaurant occupies the ground floor with offices above.
276 Duckworth Street, St. John's
The former Bank of British North America in St. John's, Newfoundland and Labrador built in 1849 is on the Registry of Historical Places of Canada.This Bank of British North America Building
Bank of British North America Building
The Bank of British North America Building built in the Italianate style was constructed in 1849 for the British Bank of North America, Newfoundland's first commercial bank. The building was built after the St...
was constructed in 1849, after the St. John's fire of 1846, by Halifax architect David Stirling.
1211 King Street West, Toronto
Dufferin Street
Dufferin Street is a major north-south street in Toronto, Ontario, Canada. It is a concession road, two concessions west of Yonge Street. The street starts at the foot of Lake Ontario, continues north to Toronto's northern boundary with some discontinuities and continues into York Region where it...
in the Parkdale
Parkdale, Toronto
Parkdale is a neighbourhood and former village in Toronto, Ontario, Canada, west of downtown. The neighbourhood is bounded on the west by Roncesvalles Avenue, on the north by Queen Street. It is bounded on the east by Dufferin Street from Queen Street south, and on the south by Lake Ontario...
area of Toronto continues to operate as a branch of the Bank of Montreal
Bank of Montreal
The Bank of Montreal , , or BMO Financial Group, is the fourth largest bank in Canada by deposits. The Bank of Montreal was founded on June 23, 1817 by John Richardson and eight merchants in a rented house in Montreal, Quebec. On May 19, 1817 the Articles of Association were adopted, making it...
.
See also
- Bank of British North America BuildingBank of British North America BuildingThe Bank of British North America Building built in the Italianate style was constructed in 1849 for the British Bank of North America, Newfoundland's first commercial bank. The building was built after the St...
- Bank of MontrealBank of MontrealThe Bank of Montreal , , or BMO Financial Group, is the fourth largest bank in Canada by deposits. The Bank of Montreal was founded on June 23, 1817 by John Richardson and eight merchants in a rented house in Montreal, Quebec. On May 19, 1817 the Articles of Association were adopted, making it...
- Canadian chartered bank notesCanadian chartered bank notesThe Canadian chartered bank notes were paper money issued between 1817 and 1944 by private Canadian banks known as chartered banks.Notes were issued in a variety of different denominations, including 1, 2, 3, 4, 5, 10, 20, 25, 40, 50, 100, 500 and 1000 dollars. After 1871, the smallest denomination...