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The Canada Trust Company was a Canadian trust company founded in 1894 in Calgary, Alberta, as the General Trust Corporation of Canada.In 1899, it was acquired by the Huron and Erie Savings and Loan Society, which moved the company to London, Ontario, and changed its name to the Canada Trust Company.
TD Canada Trust branch in Edmonton, Alberta. The Bank of Toronto (founded in 1855) and The Dominion Bank (founded in 1869) merged on 1 February 1955 to form TD Bank. Canada Trust, founded in 1864 in London, Ontario as Huron and Erie Savings and Loan Society, was acquired by TD Bank in 2000, after which TD adopted the new brand name "TD Bank Financial Group".
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 ...
In Canada, the bank operates through its TD Canada Trust division and serves more than 11 million customers at over 1,091 branches. In the United States, the company operates through their subsidiary TD Bank, N.A., which was created through the merger of TD Banknorth and Commerce Bank.
Originally founded as a trust company named Pacific & Western Trust Corporation in Saskatoon, Saskatchewan in 1980. It later moved its head offices to London, Ontario. On 1 August 2002, it was granted a Schedule I chartered bank licence and became Pacific & Western Trust Bank of Canada before finally changing its name to VersaBank in 2016.
This is a list of publicly traded and private real estate investment trusts (REITs) in Canada. Current REITs. REIT [1] Traded as (TSX) Profile Major tenants/properties
As Scotiabank found no merger partners among the other banks in the big five group, it instead expanded its international operations and passed the Bank of Montreal in size. TD Bank merged with Canada Trust, which was for a long time the largest trust in Canada, thus vaulting TD into the number two spot. [23]
He joined Canada Trust Financial Services Inc. in 1991, rising to president and chief executive officer in 1994, a position he held until 2000.Canada Trust was a customer focused financial institution which gained market share. As CEO of Canada Trust he introduced same sex benefits in 1994, a first among companies and governments in North America.