Barclays Bank Canada

Barclays Bank Canada

Barclays Bank of Canada was a unit of Barclays Bank PLC. The Canadian unit was incorporated in 1929 in Montreal, QC with office later established in Toronto.

Like the other Canadian chartered banks, it issued its own paper money. The Bank of Canada was established through the Bank of Canada Act of 1934 and the banks relinquished their right to issue their own currency. Barclays Bank of Canada was acquired by Imperial Bank of Canada, a predecessor of CIBC, in 1956.

Read more about Barclays Bank Canada:  1979-1996, 2000s

Famous quotes containing the words bank and/or canada:

    Life is a long Dardenelles, My Dear Madam, the shores whereof are bright with flowers, which we want to pluck, but the bank is too high; & so we float on & on, hoping to come to a landing-place at last—but swoop! we launch into the great sea! Yet the geographers say, even then we must not despair, because across the great sea, however desolate & vacant it may look, lie all Persia & the delicious lands roundabout Damascus.
    Herman Melville (1819–1891)

    I fear that I have not got much to say about Canada, not having seen much; what I got by going to Canada was a cold.
    Henry David Thoreau (1817–1862)