History Corner - Bank of British North America

The third bank to set up business in Yorkton in 1903 was the Bank of British North America, which was located in the Dunlop Block, corner of Broadway and Second Avenue North with G.F. Laing as Manager. In the area close to Yorkton, there were branches of the bank at Saltcoats, Waldron and Rhein.  

The Bank of British North America was established in 1836 in London, England. Between 1836 and 1840s, it opened branches in Montreal (headquarters), Toronto, Québec City, St. John, New Brunswick, Halifax, and St. John’s New Foundland. It merged with the Bank of Montreal in 1918.

“British North America” included British colonies and territories: Canada after the Treaty of Paris in 1763, the North West Territories, British Columbia (before 1871 when it became a province of Canada), and New Foundland (before 1949). (Yorkton’s first bank had been the private enterprise of V.H. Pickering & Co., in 1897. It was taken over by the Union Bank in 1899.)

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