 Bank of Ottawa branch in Cobalt, Ontario | |
| Industry | Banking |
|---|---|
| Founded | 1874 in Ottawa, Ontario, Canada |
| Defunct | 1919 |
| Fate | Merged into The Bank of Nova Scotia in 1919 |
Areas served | Ottawa, Arnprior, Keewatin, and Winnipeg |
Key people | James Maclaren (first president) |
The Bank of Ottawa was an early Canadian banking establishment in the Ottawa Valley, Ontario. Branches included Ottawa, Carp, [1] Pembroke, [2] Keewatin and Winnipeg, Manitoba. [3] It merged with the Bank of Nova Scotia in 1919.
The Bank of Ottawa was established in 1874 by Ottawa Valley lumber pioneers, including James Maclaren, who presided over the Bank from 1874 until his death in 1892. [4] Its head office was on Wellington Street in Ottawa. [5] John Mather served as a bank director from 1879.
Like the other Canadian chartered banks, it issued its own paper money. The bank issued notes 1874-1913. The end dates are the final dates appearing on notes, which circulated for some time after.
The bank expanded beyond the Ottawa area, and by 1918 had branches in six provinces. [6] The Bank of Ottawa, for example, was the first occupant of the building at 169 John Street North in Arnprior, Ontario, and in 1907 a branch was opened in Tisdale. [7] In 1911, the bank's branch in Porcupine, Ontario, was destroyed along with most of the town in a fire. [8]
After World War I the Bank of Ottawa reached a point where it required new capital and vigorous expansion to remain competitive and maintain its earnings. To achieve this, the bank amalgamated with The Bank of Nova Scotia [9] in 1919. [10] Through this merger, The Bank of Nova Scotia acquired a number of new branches as far west as the Pacific Ocean. [11]
The Bank of Montreal is a Canadian multinational investment bank and financial services company.
Arnprior is a town in Renfrew County, in the eastern portion of Southern Ontario, Canada. It is located 65 km (40 mi) west of Downtown Ottawa, at the confluence of the Madawaska River and the Ottawa River in the Ottawa Valley. Arnprior has experienced significant growth in populations with the widening of the 417 Provincial Highway to four lanes. The town experienced an increase in population by 8.4% from 2011 to 2016, at which time its population was 8,795. The town is a namesake of Arnprior, Scotland, and is known for lumber, hydro power generation, aerospace, farming and its proximity to the National Capital Region.
The Bank of Nova Scotia, operating as Scotiabank, is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five banks, it is the third largest Canadian bank by deposits and market capitalization. It serves more than 25 million customers around the world and offers a range of products and services including personal and commercial banking, wealth management, corporate and investment banking. With more than 92,001 employees and assets of CA$1,136 billion, Scotiabank trades on the Toronto and New York exchanges. The Scotiabank swift code is NOSCCATT and the institution number is 002.
Royal Bank of Canada is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 17 million clients and has more than 89,000 employees worldwide. Founded in 1864 in Halifax, Nova Scotia, it maintains a corporate headquarters in Toronto and its head office in Montreal. RBC's institution number is 003. In November 2017, RBC was added to the Financial Stability Board's list of global systemically important banks.
The Canadian Bank of Commerce was a Canadian bank which was founded in 1867, and had hundreds of branches throughout Canada. It merged in 1961 with the Imperial Bank of Canada to form the Canadian Imperial Bank of Commerce.
John Rudolphus Booth was a Canadian lumber tycoon and railroad baron. He controlled logging rights for large tracts of forest land in central Ontario, and built the Canada Atlantic Railway to extract his logs and to export lumber and grain to the United States and Europe. In 1892, his lumber complex was the largest operation of its kind in the world.
King's Highway 417, commonly referred to as Highway 417 and the Queensway through Ottawa, is a 400-series highway in the Canadian province of Ontario. It connects Ottawa with Montreal via A-40, and is the backbone of the highway system in the National Capital Region. Within Ottawa, it forms part of the Queensway west from Highway 7 to Ottawa Road 174. Highway 417 extends from the Quebec border, near Hawkesbury, to Arnprior, where it continues westward as Highway 17. Aside from the urban section through Ottawa, Highway 417 passes through farmland that dominates much of the fertile Ottawa Valley.
The Bank of New Brunswick, established in 1820, was the first Canadian bank to operate under a charter. The bank operated independently in New Brunswick and later in Prince Edward Island until it merged with the Bank of Nova Scotia in 1913.
John Alexander Douglas McCurdy was a Canadian aviation pioneer and the 20th Lieutenant Governor of Nova Scotia from 1947 to 1952.
Canada has an extensive history with regard to its currencies. Prior to European contact, indigenous peoples in Canada used items such as wampum and furs for trading purposes, which continued when trade with Europeans began.
The dollar was the currency of Nova Scotia between 1860 and 1871. It replaced the Nova Scotian pound at a rate of 5 dollars = 1 pound and was consequently worth less than the Canadian dollar. The Nova Scotian dollar was replaced by the Canadian dollar at a rate of 73 Canadian cents = 75 Nova Scotian cents, thus maintaining the difference between the two currencies established in 1860.
The Don Johnson Memorial Cup, formerly Don Johnson Cup, is the Junior B ice hockey championship for Atlantic Canada, including Nova Scotia, Newfoundland, New Brunswick, and Prince Edward Island as of 2014.
The Ottawa, Arnprior and Parry Sound Railway, or OA&PS, is a historic railway that operated in central and eastern Ontario, Canada from 1897 until 1959. It was, for a time, the busiest railway route in Canada, carrying both timber and wood products from today's Algonquin Provincial Park areas, as well as up to 40% of the grain traffic from the Canadian west from Depot Harbour at Parry Sound through to the St. Lawrence River valley.
The Canada Atlantic Railway Company (CAR) was a historic North American railway located in Ontario, southwestern Quebec and northern Vermont. It connected Georgian Bay on Lake Huron with the northern end of Lake Champlain via Ottawa. It was formed in 1897 through a merger of three separate railway companies that John Rudolphus Booth had either purchased or created, beginning in 1879. The CAR was owned by Booth for eight years after its formation until he sold it to the Grand Trunk Railway (GTR) in 1904.
The pound was the currency of Nova Scotia until 1860. It was subdivided into 20 shillings, each of 12 pence. It was equivalent to sterling and was replaced by the dollar in 1860, at a rate of $5 dollars = £1, although coins and notes of the dollar currency were not issued until 1861.
This is a timeline of the history of Ottawa.
The history of Ottawa, capital of Canada, was shaped by events such as the construction of the Rideau Canal, the lumber industry, the choice of Ottawa as the location of Canada's capital, as well as American and European influences and interactions. By 1914, Ottawa's population had surpassed 100,000 and today it is the capital of a G7 country whose metropolitan population exceeds one million.
Cecil Burgess (1888–1956) was a Canadian architect. He was born in Walkden, Lancashire, England on 8 July 1888. He was educated Walkden, Lancashire, England. He articled to Henry Kirkby, an architect in Manchester, England. Cecil Burgess arrived in Ottawa, Ontario with his parents in 1905. He married Violet Hervey from Round Hill, Nova Scotia, in 1913. The couple had a son, Bernard W. Burgess of Montreal, and a daughter, Mrs. Barbara Joyce Greenwood.
The 2013–14 EOJHL season is the 47th season of the Eastern Ontario Junior Hockey League (EOJHL). The twenty two teams of the EOJHL will play between 40 and 45-game schedules.
{{cite web}}: CS1 maint: archived copy as title (link) Arnprior Heritage Trail.