CanadaHistory 22 · Canada’s history

Which bank, founded by merchants in 1817, is the oldest bank in Canada?

  1. aThe Bank of MontrealCorrect answer
  2. bThe Bank of Nova Scotia
  3. cThe Royal Bank of Canada
  4. dThe Bank of Canada

Why?

Merchants in Montreal founded the Bank of Montreal in 1817, as trade in the colonies grew. A stock exchange followed in Montreal in 1832.

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Our own practice questions on the facts of the official study guide “Discover Canada: The Rights and Responsibilities of Citizenship”. They are not the real test questions, which are not published, and no wording of the guide is reused. Each was written, answered blind and fact-checked by separate passes. Not affiliated with Immigration, Refugees and Citizenship Canada.

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