346:
322:
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185:
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built in 1951 is on the
Registry of Historical Places of Canada. The Bank of Toronto Building in Chaplin, Saskatchewan built in 1915 is on the Registry of Historical Places of Canada. The Bank of Toronto Vault in Turtle Mountain, Manitoba, completed in 1919, is on the Registry of Historical Places of
161:
The Bank of
Toronto established itself as an efficient, profitable, but essentially conservative bank through the 19th century. It maintained a very high reserve against its capital and enjoyed the highest share price of any bank in Canada. Growth was very slow and deliberate, with a few new branches
27:
299:, the banks stated: "It is more burdensome for a small bank to keep pace with the development of our country than for a large bank, with the result that the effective growth and comparative influence of smaller banks will probably in the future decline in comparison with that of the larger banks."
256:
they quickly realized that the costs of expansion and competition with much larger rivals made their objectives difficult to realize. Neither bank had engaged in acquisitions or mergers in order to grow, but both determined that a union with a bank of equal size would place them in a much stronger
302:
On
November 1, 1954, Canada's minister of finance announced that the amalgamation was accepted and shareholders were asked for their approval. This was forthcoming in December and on February 1, 1955, the Bank of Toronto and the Dominion Bank became the Toronto-Dominion Bank.
165:
With the maturing of the
Canadian economy and the opening of northern Ontario and the West in the 1880s and 1890s, the banks became more aggressive in loans to resource industries, utilities, and manufacturing. In 1899, the Bank of Toronto opened a branch in the
210:
Except for some contraction in the western provinces due to drought, the decade following the war was one of expansion and increasing profitability due to resource development and industrial expansion. The bank weathered the storm of
146:, a major participant in the growing Toronto commerce, served as one of the first directors from 1856 through to 1858, steering the Bank through the depression of 1857. In 1860, it opened its first branch outside of Ontario (then as
253:
The Bank of
Toronto emerged from the war in 1945 stronger than ever, with assets more than doubled since 1939. With the post-war boom they became more active in business lending and in the penetration of new markets. However,
968:
1114:
1099:
345:
321:
1248:
618:
1204:
333:
177:
To mark their rise as significant national institutions, the Bank of
Toronto moved into a large new head office building at the corner of King and
1273:
162:
opened in emerging regional centres. Core customers remained farmers, merchants, and processors of farm products (millers, brewers, distillers).
556:
1258:
307:
174:. In the first decade of the twentieth century, the banks rapidly expanded their branch networks in central Canada and across the west.
1268:
701:
585:
692:
1162:
195:
brought new challenges for the two banks when they were called upon to finance war expenditures and to support the innovation of
1263:
598:
1243:
215:
in the 1930s without great difficulty, despite a decline in earnings. Like all
Canadian banks, they endured criticism of its
1199:
1157:
1238:
737:
1233:
807:
659:
1089:
874:
625:
270:
erected in 1905-06 is on the
Registry of Historical Places of Canada. The Bank of Toronto at 205 Yonge Street in
250:, and other financial war measures. Approximately 500 staff, or almost half the total, entered the armed forces.
114:
that was founded in 1855 by a group of grain dealers and flour millers. On
February 1, 1955, it merged with the
1253:
1077:
398:
143:
123:
442:
839:
685:
643:
R. J. Graham `Canadian Bank Notes 6th
Edition: A Charlton Standard Catalogue` Charlton Press July 17, 2008
275:
171:
1046:
940:
889:
849:
564:
280:
242:
involved the banks, once again, in the marketing of war bonds and in participation in the control of
490:
283:
designed the Bank of Toronto at St. James Street & McGill Street, which was erected in 1893-94.
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724:
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538:
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466:
973:
935:
912:
864:
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834:
678:
378:
274:
built in 1905 is on the Registry of Historical Places of Canada. The Bank of Toronto Building in
243:
1056:
212:
199:
marketed to the general public. Half of the staff of the two banks served in the armed forces.
1109:
1036:
1026:
1000:
930:
859:
812:
771:
119:
88:
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749:
295:, and by the end of the year, an amalgamation agreement was reached. In their brief to the
424:
8:
1051:
1021:
963:
844:
296:
425:"Biography – CLARKSON, THOMAS – Volume X (1871-1880) – Dictionary of Canadian Biography"
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978:
310:
on August 14, 1991, in hopes of preserving some of its historical physical attributes.
267:
1094:
742:
292:
138:, with a staff of three and immediately began development of a provincial network of
122:. Its first president was James Grant Chewett, whose support was sought by financier
115:
802:
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327:
Bank of Toronto Head Office (Church and Wellington Streets, Toronto 1868) until 1915
235:
was established and the banks relinquished their right to issue their own currency.
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134:
In July 1856, the Bank of Toronto opened its offices at 78 Church Street,
192:
155:
147:
586:"City of Toronto's Heritage Property Search Detail for 78 Church Street"
257:
position to take advantage of the opportunities of the post-war economy.
26:
759:
178:
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351:
Bank of Toronto logo from 189_ cheque. Showing incorporation in 1855.
339:
Bank of Toronto Head Office (Bay and King Streets, Toronto) 1915-1955
247:
196:
402:
151:
666:
The Bank of Toronto's Annual Reports at the McGill Digital Archive
1005:
879:
515:"Bank of Toronto Building, 414 4th Street, Chaplin, Saskatchewan"
271:
135:
654:
206:
1922 newspaper ad for the bank, promoting services to farmers.
184:
291:
In 1954, negotiations began between the Bank of Toronto and
111:
37:
561:
Biographic Dictionary of Architects in Canada 1800-1950
700:
399:"TD Bank Financial Group. Celebrating a rich history"
360:
306:The building at 78 Church Street was listed on the
1205:Financial Services Regulatory Authority of Ontario
539:"Bank of Toronto Vault, Turtle Mountain, Manitoba"
1225:
1140:
619:"The Bank of Toronto 1857 Annual Report (PDF)"
1249:Financial services companies based in Toronto
686:
219:policies and resisted the introduction of a
308:City of Toronto Heritage Property Inventory
693:
679:
25:
201:
183:
1163:Canada Mortgage and Housing Corporation
188:The bank's 1912 head office in Toronto.
1274:Canadian companies established in 1855
1226:
1139:
910:
712:
674:
1200:Canada Deposit Insurance Corporation
713:
1259:City of Toronto Heritage Properties
1158:Business Development Bank of Canada
467:"Bank of Toronto, 205 Yonge Street"
13:
738:Canadian Imperial Bank of Commerce
599:"The Distillery Historic District"
14:
1285:
1269:1955 disestablishments in Ontario
1177:Provincial financial institutions
911:
880:Vancity Community Investment Bank
702:Banks and credit unions in Canada
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653:
363:
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1151:Federal financial institutions
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549:
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483:
459:
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1:
1264:1855 establishments in Canada
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1244:Banks disestablished in 1955
1141:Other financial institutions
840:First Nations Bank of Canada
7:
356:
10:
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313:
276:Victoria, British Columbia
129:
1239:Banks established in 1855
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1176:
1150:
1146:
1135:
1065:
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956:
949:
941:UNI Financial Cooperation
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906:
890:Wealth One Bank of Canada
850:Laurentian Bank of Canada
785:
723:
719:
708:
94:
84:
73:
62:31 January 1955
58:
43:
33:
24:
950:Provincial credit unions
1234:Defunct banks of Canada
875:President's Choice Bank
865:National Bank of Canada
855:Manulife Bank of Canada
835:Exchange Bank of Canada
266:The Bank of Toronto in
47:18 March 1855
870:Peoples Bank of Canada
803:Bank of China (Canada)
379:List of Canadian banks
207:
189:
1254:Toronto-Dominion Bank
931:Coast Capital Savings
924:Federal credit unions
813:Canadian Western Bank
772:Toronto-Dominion Bank
205:
187:
120:Toronto-Dominion Bank
89:Toronto-Dominion Bank
750:Royal Bank of Canada
662:at Wikimedia Commons
181:in Toronto in 1913.
964:BlueShore Financial
798:AMEX Bank of Canada
605:on 15 November 2010
297:Minister of Finance
21:
1168:Farm Credit Canada
1090:Desjardins Ontario
979:Envision Financial
808:Canadian Tire Bank
588:. City of Toronto.
268:Winnipeg, Manitoba
238:The coming of the
208:
190:
19:
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1220:
1217:
1216:
1213:
1212:
1193:Deposit insurance
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1130:
1127:
1126:
1123:
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996:Gulf & Fraser
969:Coastal Community
902:
901:
898:
897:
845:ICICI Bank Canada
743:Simplii Financial
658:Media related to
543:HistoricPlaces.ca
519:HistoricPlaces.ca
495:HistoricPlaces.ca
491:"Bank of Toronto"
471:HistoricPlaces.ca
447:HistoricPlaces.ca
443:"Bank of Toronto"
293:the Dominion Bank
231:. Ultimately the
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103:
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1147:
1137:
1136:
1085:Desjardins Group
957:British Columbia
954:
953:
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920:
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818:Motive Financial
754:HSBC Bank Canada
733:Bank of Montreal
721:
720:
714:For-profit banks
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709:
695:
688:
681:
672:
671:
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624:. Archived from
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601:. Archived from
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563:. Archived from
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429:www.biographi.ca
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401:. Archived from
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272:Toronto, Ontario
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244:foreign exchange
240:Second World War
168:British Columbia
99:Toronto, Ontario
77:Merged with the
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29:
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18:
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1073:Alterna Savings
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1010:
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915:
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825:Citibank Canada
781:
776:TD Canada Trust
715:
704:
699:
660:Bank of Toronto
650:
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631:on May 15, 2011
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557:"Andrew Taylor"
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223:to control the
170:mining town of
144:Thomas Clarkson
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124:Thomas Clarkson
110:was a Canadian
108:Bank of Toronto
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48:
20:Bank of Toronto
17:
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11:
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1066:Eastern Canada
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984:Island Savings
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830:Equitable Bank
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648:External links
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233:Bank of Canada
227:and advise on
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567:on 2015-02-03
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405:on 8 May 2006
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281:Andrew Taylor
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229:fiscal policy
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116:Dominion Bank
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79:Dominion Bank
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23:
16:Canadian bank
1100:FirstOntario
1047:ConnectFirst
989:Valley First
793:Alterna Bank
635:February 21,
633:. Retrieved
626:the original
609:November 20,
607:. Retrieved
603:the original
580:
569:. Retrieved
565:the original
560:
551:
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533:
522:. Retrieved
518:
509:
498:. Retrieved
494:
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474:. Retrieved
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450:. Retrieved
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419:
407:. Retrieved
403:the original
393:
371:Banks portal
305:
301:
290:
287:Amalgamation
265:
262:Architecture
252:
237:
225:money supply
221:central bank
209:
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176:
164:
160:
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118:to form the
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105:
95:Headquarters
1032:Assiniboine
786:Other banks
193:World War I
179:Bay Streets
156:Canada East
148:Canada West
1228:Categories
974:First West
936:Innovation
760:Scotiabank
571:2019-04-26
524:2019-04-26
500:2019-04-26
476:2019-04-26
452:2019-04-26
385:References
213:depression
66:1955-01-31
51:1855-03-18
1057:Steinbach
885:VersaBank
860:Motusbank
765:Tangerine
248:rationing
197:war bonds
85:Successor
1110:Meridian
1037:Cambrian
1027:Affinity
1015:Prairies
1001:Prospera
725:Big Five
357:See also
279:Canada.
172:Rossland
152:Montreal
140:branches
34:Industry
1042:Conexus
1006:Vancity
409:June 2,
314:Gallery
136:Toronto
130:History
64: (
59:Defunct
49: (
44:Founded
38:Banking
1052:Servus
1022:Access
217:credit
150:), in
1105:Libro
629:(PDF)
622:(PDF)
1095:DUCA
1078:Pace
637:2006
611:2010
411:2006
112:bank
106:The
74:Fate
1230::
559:.
541:.
517:.
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469:.
445:.
427:.
246:,
158:.
154:,
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126:.
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752:(
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680:v
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503:.
479:.
455:.
431:.
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68:)
53:)
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