Canada Banking Company

Canada Banking Company was an early and short lived bank established in 1792 in Montreal (then British North America). The bank was established by three firms lead by nine Montreal merchants (notably John Forsyth, John Richardson, James McGill and Isaac Todd) and attempted to issued notes used in the British colony. It failed to obtain permission to issue the notes and faded after few months of operations and eventually disappeared before the start of the 19th Century. Both Richardson and Forsyth would later found the more successful Bank of Montreal in 1817.

Canada Banking Company

Canada Banking Company was an early and short lived bank established in 1792 in Montreal (then British North America). The bank was established by three firms lead by nine Montreal merchants (notably John Forsyth, John Richardson, James McGill and Isaac Todd) and attempted to issued notes used in the British colony. It failed to obtain permission to issue the notes and faded after few months of operations and eventually disappeared before the start of the 19th Century. Both Richardson and Forsyth would later found the more successful Bank of Montreal in 1817.