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Home Capital Group was established in 1977 as Sonor Resources Corp. It became Home Capital Group Inc. in 1986. During the 2009 fiscal year its workforce grew 24.3% (from 395 to 491). On November 25, 2013, Home Trust launched Oaken Financial to provide financial services directly to consumers through the Internet. [3]
Canada has a strong co-operative financial services sector, which consists of credit unions (caisses populaires in Quebec and other French speaking regions). At the end of 2001, Canada's credit union sector consisted of 681 credit unions and 914 caisses populaires, with more than 3,600 locations and 4,100 automated teller machines. [45]
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 ...
Two different wholly owned subsidiaries of Loblaw Companies provide services under the President's Choice Financial brand: personal banking and Mastercard credit card services are provided by the federally chartered [1] President's Choice Bank, and insurance is provided by PC Financial Insurance Brokers.
The company provides securities trading, cash management, treasury, trade financing, custodial services, clearing, securities financing, depositary receipt, trust services, corporate banking, investment banking, private banking, and the private-label credit card of The Home Depot Canada. [5]
The Royal Trust Company is a Canadian trust company that was founded in 1892 in Montreal, Quebec.By the late 20th century, it carried out trust, financial, real estate and deposit services in over 100 branches in Canada, the U.S. and overseas. [1]
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