Episode 1 of 2
Founding of Merchants Bank
- When
- 1864
- Where
- Halifax, Nova Scotia
The Merchants Bank of Halifax was founded in 1864 to support fishing, timber, and trade industries in Nova Scotia.
Established in Halifax, Nova Scotia, the bank began operations in 1864. It functioned as a commercial bank financing the fishing and timber industries, as well as European and Caribbean import/export businesses. This founding established the corporate lineage that would later become the Royal Bank of Canada.
Sources
- Royal Bank of Canada Wikipedia, revision of 2026-10-03
Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.