100-455: BMO Tower is the name for the following U.S. office buildings associated with the Bank of Montreal and its American subsidiary BMO Bank, N.A. BMO Tower (Chicago) BMO Tower (Milwaukee) BMO Tower (Phoenix) BMO Tower (Sacramento) Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with
200-630: A Vancouver branch of the bank following an identification discrepancy. The Vancouver mayor criticized the bank for what he termed giving false information to the police. The police were afterwards investigated. A human rights claim was later filed in response to the incident. A settlement was eventually reached, which included an undisclosed monetary payment to the victims, an apology ceremony in Bella Bella, territorial acknowledgement plaques installed at certain branches and BMO updating internal policies and procedures for how status cards are handled. After
300-402: A 2001 study deemed it as Canada's most creative neighbourhood because artists comprise 8% of its labour force. The neighbourhood of Mile End in the northwestern part of the borough has been a very multicultural area of the city, and features two of Montreal's well-known bagel establishments , St-Viateur Bagel and Fairmount Bagel . The McGill Ghetto is in the extreme southwestern portion of
400-442: A Bank of Montreal trader pleaded guilty to intentionally mismarking his trading book in order to increase his bonus from the bank. In 2009, BMO purchased AIG 's Canadian life insurance business, AIG Life Insurance Company of Canada (400,000 customers and 300 employees), for approximately CA$ 330 million, making BMO the second-biggest life insurer among Canadian banks. The new component was renamed BMO Life Assurance Company. In
500-473: A daily average ranging from −10.5 to −9 °C (13.1 to 15.8 °F) in January. However, some winter days rise above freezing, allowing for rain on an average of 4 days in January and February each. Usually, snow covering some or all bare ground lasts on average from the first or second week of December until the last week of March. While the air temperature does not fall below −30 °C (−22 °F) every year,
600-735: A federal agency insuring deposits at all of Canada's chartered banks. It is also a member of: BMO Bank (BMO's US operations) is a member of the Federal Reserve System and a registered member of the Federal Deposit Insurance Corporation . It is also a member of: Montreal Montreal is the largest city in the province of Quebec , the second-largest in Canada , and the ninth-largest in North America . Founded in 1642 as Ville-Marie , or "City of Mary", it
700-733: A garrison of 390 men 40 miles upriver in a garrison at Les Cèdres, Quebec , to defend Montreal against the British army. In the Battle of the Cedars , Bedel's lieutenant Isaac Butterfield surrendered to George Forster. Forster advanced to Fort Senneville on May 23. By May 24, Arnold was entrenched in Montreal's borough of Lachine . Forster initially approached Lachine, then withdrew to Quinze-Chênes . Arnold's forces then abandoned Lachine to chase Forster. The Americans burned Senneville on May 26. After Arnold crossed
800-541: A group of merchants signed the Articles of Association, formally creating the "Montreal Bank". The signors of the document include Robert Armour , John C. Bush, Austin Cuvillier , George Garden , Horatio Gates , James Leslie , George Moffatt , John Richardson , and Thomas A. Turner. The bank was first located in rooms rented on Rue Saint-Paul , Montreal , before moving to its permanent building on Rue Saint-Paul in 1818. In
900-674: A license to operate in China. During the 1990s, BMO acquired a number of other banks in the Chicago area , merging them under the Harris Bank name, including Suburban Bancorp in 1994; and Household Bank in 1999. In 1998, the Bank of Montreal and the Royal Bank of Canada announced they had agreed to a merger pending approval from the government. Government regulators later blocked the proposed merger, along with
1000-459: A mission on his new seigneury. The colonists left France in 1641 for Quebec and arrived on the island the following year. On May 17, 1642, Ville-Marie was founded on the southern shore of Montreal island, with Maisonneuve as its first governor. The settlement included a chapel and a hospital, under the command of Jeanne Mance . By 1643, Ville-Marie had come under Iroquois raids. In 1652, Maisonneuve returned to France to raise 100 volunteers to bolster
1100-603: A new settlement at their former hunting grounds north of the Ottawa River. This became Kanesatake . In 1745, several Mohawk families moved upriver to create another settlement, known as Akwesasne . All three are now Mohawk reserves in Canada. The Canadian territory was ruled as a French colony until 1760, when Montreal fell to a British offensive during the Seven Years' War . The colony then surrendered to Great Britain. Ville-Marie
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#17328864326461200-680: A one-year sponsorship of IndyCar team Newman/Haas/Lanigan Racing to appear on the No. 06 car of Graham Rahal in the first-ever IRL -sanctioned Canadian IndyCar race at Edmonton . Since 1997, Bank of Montreal has been a major sponsor of Skate Canada , and is the title sponsor of the BMO Financial Group Canadian Championships , BMO Financial Group Skate Canada Junior Nationals, BMO Financial Group Skate Canada Challenges, BMO Financial Group Skate Canada Sectionals, and BMO Financial Group Skate Canada Synchronized Championships. It
1300-664: A similar proposal by the Toronto-Dominion Bank to merge with the Canadian Imperial Bank of Commerce . Although the banks did not merge, in 2000, the Bank of Montreal, together with the Royal Bank of Canada, merged their merchant payment processor businesses to form Moneris Solutions . In 2006, BMO bought BCPBank, a Schedule C financial institution that was the Canadian division of Banco Comercial Português . In 2008,
1400-629: A slogan introduced in 1969. The bank is a founder and major sponsor of the Siminovitch Prize in Theatre , an annual award of $ 100,000 granted to a Canadian director, playwright, or designer. The bank has been a sponsor of the Toronto FC of Major League Soccer since 2007 and of its home stadium named BMO Field at Exhibition Place . In 2010, BMO extended its agreement with the Toronto FC through
1500-569: A small group of people into a public company owned by 144. At this time, it became officially known by its current name. Expansion into Upper Canada was halted in 1824, after legislation from the Parliament of Upper Canada forbade bank branches whose head offices were not based in Upper Canada from operating. In 1838, the bank reentered the Upper Canadian market with the purchase of the Bank of
1600-508: A three-storey structure for the Bank of Montreal on Saint Jacques Street in Montreal. The building was modelled after a Georgian townhouse with a small portico of Corinthian columns supporting a classical pediment and remains the bank's legal headquarters. Buildings that formerly housed a branch of the bank have also seen later notable use. A branch in Montreal has been designated as a National Historic Site of Canada in 1990. The building
1700-544: Is a Canadian multinational investment bank and financial services company. The bank was founded in Montreal , Quebec , in 1817 as Montreal Bank, making it Canada's oldest bank. In 2023, the company’s seat in Forbes Global 2000 was 84. Its head office is in Montreal and its operational headquarters and executive offices are located in Toronto , Ontario , since 1977. It is commonly known by its ticker symbol BMO on both
1800-718: Is also the presenting sponsor of the CanSkate Learn-to-Skate Program. In 2005, BMO Bank of Montreal became the title sponsor for the annual May marathon race staged by the Vancouver International Marathon Society. The current name is "BMO Bank of Montreal Vancouver Marathon ". BMO is a member of the Canadian Bankers Association and registered member with the Canada Deposit Insurance Corporation ,
1900-419: Is around 1,000 mm (39 in), including an average of about 210 cm (83 in) of snowfall, which occurs from November through March. Thunderstorms are common from late spring through summer to early fall; additionally, tropical storms or their remnants can cause heavy rains and gales. Montreal averages 2,050 hours of sunshine annually, with summer being the sunniest season, though slightly wetter than
2000-461: Is believed to be due to outmigration, epidemics of European diseases, or intertribal wars. In 1611, Champlain established a fur trading post on the Island of Montreal on a site initially named La Place Royale . At the confluence of Petite Riviere and St. Lawrence River , it is where present-day Pointe-à-Callière stands. On his 1616 map, Champlain named the island Lille de Villemenon in honour of
2100-509: Is bordered by the city of Laval to the north; Longueuil , Saint-Lambert , Brossard , and other municipalities to the south; Repentigny to the east and the West Island municipalities to the west. The anglophone enclaves of Westmount , Montreal West , Hampstead , Côte Saint-Luc , the Town of Mount Royal and the francophone enclave Montreal East are all surrounded by Montreal. Montreal
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#17328864326462200-494: Is classified as a warm-summer humid continental climate ( Köppen climate classification : Dfb). Summers are warm to hot and humid with a daily maximum average of 26 to 27 °C (79 to 81 °F) in July; temperatures in excess of 30 °C (86 °F) are common. Conversely, cold fronts can bring crisp, drier and windy weather in the early and later parts of summer. Winter brings cold, snowy, windy, and, at times, icy weather, with
2300-462: Is now named after Mount Royal , the triple-peaked mountain around which the early settlement was built. The city is centred on the Island of Montreal and a few, much smaller, peripheral islands, the largest of which is Île Bizard . The city is 196 km (122 mi) east of the national capital, Ottawa , and 258 km (160 mi) southwest of the provincial capital, Quebec City . As of 2021,
2400-553: Is the location of the headquarters of the International Civil Aviation Organization , and was named a UNESCO City of Design in 2006. In 2017, Montreal was ranked the 12th-most livable city in the world by the Economist Intelligence Unit in its annual Global Liveability Ranking , although its ranking slipped to 40th in the 2021 index, primarily due to stress on the healthcare system from
2500-676: Is the oldest complete building in the city, built between 1669 and 1671. In Point St. Charles , visitors can see the Maison Saint-Gabriel , which can trace its history back to 1698. There are many historic buildings in Old Montreal in their original form: Notre-Dame Basilica, Bonsecours Market , and the 19th‑century headquarters of all major Canadian banks on St. James Street (French: Rue Saint Jacques ). Montreal's earliest buildings are characterized by their uniquely French influence and grey stone construction. A few notable examples of
2600-626: The Allied forces , was furious over Houde's stand and held him in a prison camp until 1944. That year, the government decided to institute conscription to expand the armed forces and fight the Axis powers . (See Conscription Crisis of 1944 .) Montreal was the official residence of the Luxembourg royal family in exile during World War II. By 1951, Montreal's population had surpassed one million. However, Toronto's growth had begun challenging Montreal's status as
2700-619: The COVID-19 pandemic . It is regularly ranked as one of the ten best cities in the world to be a university student in the QS World University Rankings . In 2018, Montreal was ranked as a global city . Montreal has hosted numerous important international events, including the 1967 International and Universal Exposition , and is the only Canadian city to have hosted the Summer Olympics, having done so in 1976 . The city hosts
2800-725: The Canadian Grand Prix of Formula One ; the Montreal International Jazz Festival , the largest jazz festival in the world; the Just for Laughs festival, the largest comedy festival in the world; and Les Francos de Montréal , the largest French-language music festival in the world. In sports , it is home to multiple professional teams, most notably the Canadiens of the National Hockey League , who have won
2900-576: The Canadian Imperial Bank of Commerce ) were the targets of hackers in May 2018, who claimed to have compromised the systems of both banks and stolen information on a combined 90,000 customers (50,000 from BMO). An email sent from a Russian address and attributed to the hackers demanded a ransom of US$ 1 million from each company paid via Ripple by 11:59 pm on 28 May 2018 or the information would be released on "fraud forum [ sic ] and fraud community [ sic ]". In 2018, BMO went into
3000-469: The Chicago area and elsewhere in the country, where it operates BMO Bank, N.A. . BMO Capital Markets is BMO's investment and corporate banking division, while the wealth management division is branded as BMO Nesbitt Burns . On 12 December 2021, the Bank of Montreal announced the strategic acquisition of Bank of the West from BNP Paribas for US$ 16.3 billion. The bank was established on 23 June 1817 when
3100-695: The Great Lakes to the Atlantic. Montreal is defined by its location between the Saint Lawrence river to its south and the Rivière des Prairies to its north. The city is named after the most prominent geographical feature on the island, a three-head mountain called Mount Royal, topped at 232 m (761 ft) above sea level . Montreal is at the centre of the Montreal Metropolitan Community , and
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3200-571: The Iroquois nations of the Haudenosaunee (then based in present-day New York), established the village of Hochelaga at the foot of Mount Royal two centuries before the French arrived. Archeologists have found evidence of their habitation there and at other locations in the valley since at least the 14th century. The French explorer Jacques Cartier visited Hochelaga on October 2, 1535, and estimated
3300-524: The Montreal Biosphere , and Moshe Safdie 's striking Habitat 67 apartment complex. The Montreal Metro has public artwork by some of the biggest names in Quebec culture . In 2006, Montreal was named a UNESCO City of Design , one of only three design capitals in the world (the others being Berlin and Buenos Aires ). This distinguished title recognizes Montreal's design community. Since 2005,
3400-599: The Ottawa River in pursuit of Forster, Forster's cannons repelled Arnold's forces. Forster negotiated a prisoner exchange with Henry Sherburne and Isaac Butterfield, resulting in a May 27 boating of their deputy Lieutenant Park being returned to the Americans. Arnold and Forster negotiated further and more American prisoners were returned to Arnold at Sainte-Anne-de-Bellevue, Quebec , ("Fort Anne") on May 30 (delayed two days by wind). Arnold eventually withdrew his forces back to
3500-464: The Plains of Abraham , Montreal fell to American forces led by Richard Montgomery on November 13, 1775, after it was abandoned by Guy Carleton . After Arnold withdrew from Quebec City to Pointe-aux-Trembles on November 19, Montgomery's forces left Montreal on December 1 and arrived there on December 3 to plot to attack Quebec City , with Montgomery leaving David Wooster in charge of the city. Montgomery
3600-543: The Shaughnessy Village / Concordia U area home to thousands of students at Concordia University . The borough also comprises most of Mount Royal Park , Saint Helen's Island , and Notre-Dame Island . The Plateau Mount Royal borough was a working class francophone area. The largest neighbourhood is the Plateau (not to be confused with the whole borough), which was undergoing considerable gentrification as of 2009, and
3700-654: The Stanley Cup a record 24 times. In the Ojibwe language , the land is called Mooniyaang or Moon’yaang which was "the first stopping place" in the Ojibwe migration story as related in the seven fires prophecy . In the Mohawk language , the land is called Tiohtià:ke . This is an abbreviation of Teionihtiohtiá:kon , which loosely translates as "where the group divided/parted ways." French settlers from La Flèche in
3800-621: The Toronto Stock Exchange and the New York Stock Exchange . In April 2024, it had CA$ 1.37 trillion in total assets. The Bank of Montreal swift code is BOFMCAM2 and the institution number is 001. In Canada, BMO has more than 900 branches and more than 1000 in the United States, serving over 13 million customers globally. In the United States, BMO does business as BMO Financial Group, where it has substantial operations in
3900-463: The marijuana sector with a $ 175 million deal for a stake in a producer. It was the first investment in the sector by a "Big Five Canadian bank". In January 2018, the bank was accused in a lawsuit along with five other Canadian banks for "conspiring to rig a Canadian rate benchmark to improve profits from derivatives trading". After resigning from the Canadian Liberal cabinet, Scott Brison
4000-573: The prohibition movement in the United States led to Montreal becoming a destination for Americans looking for alcohol . Unemployment remained high in the city and was exacerbated by the Stock Market Crash of 1929 and the Great Depression . During World War II , Mayor Camillien Houde protested against conscription and urged Montrealers to disobey the federal government's registry of all men and women. The federal government, part of
4100-721: The wind chill often makes the temperature feel this low to exposed skin. Spring and fall are pleasantly mild but prone to drastic temperature changes; spring even more so than fall. Late season heat waves as well as " Indian summers " are possible. Early and late season snow storms can occur in November and March, and more rarely in April. Montreal is generally snow free from late April to late October. However, snow can fall in early to mid-October as well as early to mid-May on rare occasions. The lowest temperature in Environment Canada's books
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4200-410: The 1980s and early 1990s, Montreal experienced a slower rate of economic growth than many other major Canadian cities. Montreal was the site of the 1989 École Polytechnique massacre , one of Canada's worst mass shootings , where 25-year-old Marc Lépine shot and killed 14 people, all of them women, and wounded 14 other people before shooting himself at École Polytechnique . Montreal was merged with
4300-585: The 2016 season. The bank is also a sponsor of the CF Montréal , announcing a five-year agreement to become lead sponsor and jersey sponsor on 14 June 2011. In addition, the bank is a sponsor of Los Angeles FC , with their stadium being named BMO Stadium since 2023. From at least 2007 through 2011, BMO was the sponsor for the Toronto Maple Leafs and the Toronto Raptors . In July 2008, BMO announced
4400-487: The 27 surrounding municipalities on the Island of Montreal on January 1, 2002, creating a unified city encompassing the entire island. There was substantial resistance from the suburbs to the merger, with the perception being that it was forced on the mostly English suburbs by the Parti Québécois. As expected, this move proved unpopular and several mergers were later rescinded. Several former municipalities, totalling 13% of
4500-676: The Bank of Montreal four days after the collapse of the Commercial Bank and Union Bank of Newfoundland on 10 December 1894. By 1907, the bank had branches in every province of Atlantic Canada , with the opening of a branch in Charlottetown . Expansion into the Maritimes was further facilitated with the acquisition of the Exchange Bank of Yarmouth in 1903, the People's Bank of Halifax in 1905, and
4600-413: The Bank of Montreal's two units in Chicago paid $ 38 million. In December 2019, the bank cut 2,300 jobs, after a drop in quarterly earnings, effecting around five percent of the workforce. The company had plans to "double indigenous lending" in September 2019. There was controversy and protests in January 2020 after a12-year-old First Nations girl and her grandfather were handcuffed by police at
4700-441: The English-allied Iroquois attacked Lachine on the Island of Montreal, committing the worst massacre in the history of New France. By the early 18th century, the Sulpician Order was established there. To encourage French settlement, it wanted the Mohawk to move away from the fur trading post at Ville-Marie. It had a mission village, known as Kahnewake , south of the St Lawrence River. The fathers persuaded some Mohawk to make
4800-410: The Loire valley first named their new town, founded in 1642, Ville Marie ("City of Mary"), named for the Virgin Mary . The current form of the name, Montréal , is generally thought to be derived from Mount Royal ( Mont Royal in French), the triple-peaked hill in the heart of the city. There are multiple explanations for how Mont Royal became Montréal . In 16th century French,
4900-433: The New York fort of Ticonderoga by the summer. On June 15, Arnold's messenger approaching Sorel spotted Carleton returning with a fleet of ships and notified him. Arnold's forces abandoned Montreal (attempting to burn it down in the process) prior to the June 17 arrival of Carleton's fleet. The Americans did not return British prisoners in exchange, as previously agreed, due to accusations of abuse, with Congress repudiating
5000-428: The People , a bank based in Toronto. BMO was permitted to open its own branches in the area, after Upper Canada and Lower Canada were united to create the Province of Canada in 1841. Shortly after the two colonies merged, the bank opened branches into Cobourg , Belleville , Brockville , and Ottawa . Expansion into the Maritimes and Western Canada was facilitated following Canadian Confederation . In 1877,
5100-428: The People's Bank of New Brunswick in 1906. The early 20th century also saw the bank acquire several financial institutions that helped increase its presence in Newfoundland, and areas west of Quebec, including the Ontario Bank in 1906, the Bank of British North America in 1918, and the Merchants Bank of Canada in 1921. During this period, the bank also acquired the Montreal-based Molson Bank in 1925. In 1942,
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#17328864326465200-443: The West from BNP Paribas , with the intent of merging it with BMO Harris Bank, which would at least double BMO's total presence in the United States. BMO's acquisition of Bank of the West was completed in February 2023, and the Bank of the West brand is planned to be absorbed into the BMO brand by September 2023. In January 2024, BMO became the first new member of the club of United Kingdom Bond dealers in 10 years, becoming one of
5300-414: The agreement at the protest of George Washington. Arnold blamed Colonel Timothy Bedel for the defeat, removing him and Lieutenant Butterfield from command and sending them to Sorel for court-martial. The retreat of the American army delayed their court martial until August 1, 1776, when they were convicted and cashiered at Ticonderoga. Bedel was given a new commission by Congress in October 1777 after Arnold
5400-415: The bank assumed control of two retail branches formerly belonging to the Standard Chartered Bank of Canada . In 1994, the Bank of Montreal became the first Canadian bank to be listed on the New York Stock Exchange . In 1995, the bank opened its first branch in Guangzhou , formally receiving a license to operate the branch on 20 November 1996. In doing so the bank became the first Canadian bank to receive
5500-415: The bank ended production of its own bank notes , which were in circulation in Canada since 1871. By 1944, the central bank of the country, the Bank of Canada became the sole issuer of currency in Canada, and notes from private banks were withdrawn. In 1960, the Bank of Montreal moved its operational headquarters to a seventeen-storey structure next to its historic head office. The building served as
5600-413: The bank opened its first branch in Western Canada, with the opening of a branch in Winnipeg . New branches were also opened in the Maritimes, in Halifax , Moncton , and Saint John completed shortly after Confederation. The Bank of Montreal established branches in Newfoundland Colony on 31 January 1895, at the behest of the colonial government. The colonial government of Newfoundland made the request to
5700-435: The bank's operational headquarters until 1977, when it was moved to First Canadian Place on Bay Street in Toronto in 1977. The structure was named after the bank's slogan at the time, The First Canadian Bank , which was introduced in 1969, and was prominent in much of the bank's advertising during the 1970's, most notably in television commercials featuring Canadian actor Leslie Nielsen . The bank's present "M-Bar" logo
5800-493: The border between French and English Canada, Ottawa was seen as a compromise between Montreal, Toronto, Kingston and Quebec City, which were all vying to become the young nation's official capital. Ottawa retained the status as capital of Canada when the Province of Canada joined with Nova Scotia and New Brunswick to form the Dominion of Canada in 1867. An internment camp was set up at Immigration Hall in Montreal from August 1914 to November 1918. After World War I ,
5900-423: The borough, its name being derived from the fact that it is home to thousands of McGill University students and faculty members. The Southwest borough was home to much of the city's industry during the late 19th and early-to-mid 20th century. The borough included Goose Village and was historically home to the traditionally working-class Irish neighbourhoods of Griffintown and Point Saint Charles as well as
6000-414: The business arena. The October Crisis and the 1976 election of the Parti Québécois , which supported sovereign status for Quebec, resulted in the departure of many businesses and people from the city. In 1976, Montreal hosted the Summer Olympics . While the event brought the city international prestige and attention, the Olympic Stadium built for the event resulted in massive debt for the city. During
6100-425: The city had a population of 1,762,949, and a metropolitan population of 4,291,732, making it the second-largest metropolitan area in Canada. French is the city's official language. In 2021, 85.7% of the population of the city of Montreal considered themselves fluent in French while 90.2% could speak it in the metropolitan area. Montreal is one of the most bilingual cities in Quebec and Canada, with 58.5% of
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#17328864326466200-475: The city has been home to the International Council of Graphic Design Associations (Icograda) and the International Design Alliance (IDA). The Underground City (officially RÉSO), an important tourist attraction, is an underground network connecting shopping centres, pedestrian thoroughfares, universities, hotels, restaurants, bistros, subway stations and more, in and around downtown with 32 km (20 mi) of tunnels over 12 km (4.6 sq mi) in
6300-582: The city's 20th-century architecture include Saint Joseph's Oratory , completed in 1967, Ernest Cormier 's Art Deco Université de Montréal main building, the landmark Place Ville Marie office tower, and the controversial Olympic Stadium and surrounding structures. Pavilions designed for the 1967 International and Universal Exposition, popularly known as Expo 67 , featured a wide range of architectural designs. Though most pavilions were temporary structures, several have become landmarks, including Buckminster Fuller 's geodesic dome U.S. Pavilion, now
6400-417: The city's earliest still-standing buildings date back to the late 17th and early 18th centuries. Although most are clustered around the Old Montreal area, such as the Sulpician Seminary adjacent to Notre-Dame Basilica that dates back to 1687, and Château Ramezay , which was built in 1705, examples of early colonial architecture are dotted throughout the city. Situated in Lachine, the Le Ber-Le Moyne House
6500-437: The city's history. Montreal annexed 27 other cities, towns and villages beginning with Hochelaga in 1883, with the last prior to 2002 being Pointe-aux-Trembles in 1982. The 21st century has brought with it a revival of the city's economic and cultural landscape. The construction of new residential skyscrapers, two super-hospitals (the Centre hospitalier de l'Université de Montréal and McGill University Health Centre ),
6600-404: The city. As they lacked modern plumbing systems it was impossible to connect all buildings at once and it also acted as a conservation method. However, the population was not finished rising — it rose from 58,000 in 1852 to 267,000 by 1901. Montreal was the capital of the Province of Canada from 1844 to 1849, but lost its status when a Tory mob burnt down the Parliament building to protest
6700-502: The client groups operates under multiple brand names. In October 2008, Mediacorp Canada Inc. named BMO Financial Group one of Greater Toronto's Top Employers . A number of buildings in which Bank of Montreal presently operates branches have been designated by municipal, provincial, and/or federal levels of government as being of historic importance . These include: A number of late-19th century Bank of Montreal branches were also built by British architect, Andrew Taylor. Taylor designed
6800-427: The colonial population. If the effort had failed, Montreal was to be abandoned and the survivors re-located downriver to Quebec City . Before these 100 arrived in the fall of 1653, the population of Montreal was barely 50 people. By 1685, Ville-Marie was home to some 600 colonists, most of them living in modest wooden houses. Ville-Marie became a centre for the fur trade and a base for further exploration . In 1689,
6900-414: The creation of the Quartier des Spectacles , reconstruction of the Turcot Interchange , reconfiguration of the Decarie and Dorval interchanges, construction of the new Réseau express métropolitain , gentrification of Griffintown , subway line extensions and the purchase of new subway cars, the complete revitalization and expansion of Trudeau International Airport , the completion of Quebec Autoroute 30 ,
7000-471: The economic capital of Canada. Indeed, the volume of stocks traded at the Toronto Stock Exchange had already surpassed that traded at the Montreal Stock Exchange in the 1940s. The Saint Lawrence Seaway opened in 1959, allowing vessels to bypass Montreal. In time, this development led to the end of the city's economic dominance as businesses moved to other areas. During the 1960s, there was continued growth as Canada's tallest skyscrapers, new expressways and
7100-451: The forms réal and royal were used interchangeably, so Montréal could simply be a variant of Mont Royal . In the second explanation, the name came from an Italian translation. Venetian geographer Giovanni Battista Ramusio used the name Monte Real to designate Mount Royal in his 1556 map of the region. However, the Commission de toponymie du Québec disputes this explanation. Historiographer François de Belleforest
7200-778: The incident, BMO launched an Indigenous Advisory Council with Indigenous members from a number of provinces. The CEO of the bank argued against fossil fuel divestment in March 2020, after it "acquired $ 3 billion of energy loans from Deutsche Bank DBKGn.DE in 2018". In 2021, BMO signed the UN Principles for Responsible Banking (PRB) with the goal to reach global net-zero climate targets as well as net-zero financed emissions in their lending by 2050. In July 2022, BMO acquired Calgary-based Radicle Group Inc., an adviser to companies on sustainability and measuring carbon emissions. In December 2021, BMO agreed to acquire San Francisco-based Bank of
7300-493: The liability. In 2014, the bank acquired London-based Foreign & Colonial Investment Trust , later re-branding it as BMO Commercial Property Trust in 2019. In September 2015, BMO agreed to acquire General Electric Co. subsidiary GE Capital's transportation-finance unit. The business acquired has US$ 8.7 billion (CA$ 11.5 billion) of assets, 600 employees and 15 offices in the US and Canada. BMO and Simplii Financial (a subsidiary of
7400-586: The mid-1840s, the City of Montreal installed a water system that would pump water from the St. Lawrence and into cisterns . The cisterns would then be transported to the desired location. This was not the first water system of its type in Montreal, as there had been one in private ownership since 1801. In the middle of the 19th century, water distribution was carried out by "fontainiers". The fountainiers would open and close water valves outside of buildings, as directed, all over
7500-493: The most densely populated part of Montreal. The city is composed of 19 large boroughs , subdivided into neighbourhoods. The boroughs are: Côte-des-Neiges–Notre-Dame-de-Grâce , Le Plateau-Mont-Royal ( The Plateau Mount Royal ) , Outremont and Ville-Marie in the centre; Mercier–Hochelaga-Maisonneuve , Rosemont–La Petite-Patrie and Villeray–Saint-Michel–Parc-Extension in the east; Anjou , Montréal-Nord , Rivière-des-Prairies–Pointe-aux-Trembles and Saint-Léonard in
7600-581: The most neighbourhoods is Ville-Marie, which includes downtown, the historic district of Old Montreal, Chinatown , the Gay Village , the Latin Quarter , the gentrified Quartier international and Cité Multimédia as well as the Quartier des spectacles which is under development. Other neighbourhoods of interest in the borough include the affluent Golden Square Mile neighbourhood at the foot of Mount Royal and
7700-406: The northeast; Ahuntsic-Cartierville , L'Île-Bizard–Sainte-Geneviève , Pierrefonds-Roxboro and Saint-Laurent in the northwest; and Lachine , LaSalle , Le Sud-Ouest ( The Southwest ) and Verdun in the south. Many of these boroughs were independent cities that were forced to merge with Montreal in January 2002 following the 2002 municipal reorganization of Montreal . The borough with
7800-517: The operational headquarters was moved to a 17-storey tower adjacent the historic head office building. In 1977, the bank's operational headquarters or "executive office", was moved to First Canadian Place in Toronto, with the chairman, president, and some senior executives working from First Canadian Place. The structure's was named after a historic slogan of the bank, the First Canadian Bank ,
7900-541: The others in terms of total precipitation—mostly from thunderstorms. For over a century and a half, Montreal was the industrial and financial centre of Canada. This legacy has left a variety of buildings including factories, elevators , warehouses , mills, and refineries , that today provide an invaluable insight into the city's history, especially in the downtown area and the Old Port area. There are 50 National Historic Sites of Canada , more than any other city. Some of
8000-544: The passage of the Rebellion Losses Bill . Thereafter, the capital rotated between Quebec City and Toronto until in 1857, Queen Victoria herself established Ottawa as the capital due to strategic reasons. The reasons were twofold. First, because it was located more in the interior of the Province of Canada, it was less susceptible to attack from the United States. Second, and perhaps more importantly, because it lay on
8100-453: The population able to speak both French and English. Historically the commercial capital of Canada, Montreal was surpassed in population and economic strength by Toronto in the 1970s. It remains an important centre of art, culture , literature, film and television, music, commerce, aerospace, transport , finance, pharmaceuticals, technology, design, education , tourism , food, fashion, video game development, and world affairs. Montreal
8200-449: The population of the island, voted to leave the unified city in separate referendums in June 2004. The demerger took place on January 1, 2006, leaving 15 municipalities on the island, including Montreal. Demerged municipalities remain affiliated with the city through an agglomeration council that collects taxes from them to pay for numerous shared services. The 2002 mergers were not the first in
8300-468: The population of the native people at Hochelaga to be "over a thousand people". Evidence of earlier occupation of the island, such as those uncovered in 1642 during the construction of Fort Ville-Marie, have effectively been removed. In 1603, French explorer Samuel de Champlain reported that the St ;Lawrence Iroquoians and their settlements had disappeared altogether from the St Lawrence valley. This
8400-424: The primary-dealer banks that buy bonds directly from the government. By buying bonds directly from the government, banks help create a liquid market for government debt, but they also have to hold additional capital as insurance against possible losses. In 2013, the number of primary bond dealers reached 21, by 2024 it had dropped to 16. BMO is divided into three "client groups" which serve different markets. Each of
8500-526: The reconstruction of the Champlain Bridge and the construction of a new toll bridge to Laval are helping Montreal continue to grow. Montreal is in the southwest of the province of Quebec. The city covers most of the Island of Montreal at the confluence of the Saint Lawrence and Ottawa Rivers. The port of Montreal lies at one end of the Saint Lawrence Seaway, the river gateway that stretches from
8600-503: The same year, the Bank of Montreal acquired the Diners Club International 's North American franchise from Citibank . The transaction gave BMO exclusive rights to issue Diners cards in the US and Canada. In October 2010, the bank became the first Canadian bank to incorporate in China, with branches in China operating as BMO ChinaCo. In December 2010, BMO announced the purchase of Milwaukee -based Marshall & Ilsley , and
8700-633: The same year, the bank opened its first branch in Quebec City ; and several offices in Upper Canada , including Amherstburg , Kingston , Perth , and York (present day Toronto ). The bank also opened its first foreign permanent office in 1818, opening an office in Willam Street in New York City . By 1822, the bank converted from the status it had held since its founding as a private company owned by
8800-530: The sieur de Villemenon, a French dignitary who was seeking the viceroyship of New France. In 1639, Jérôme Le Royer de La Dauversière obtained the Seigneurial title to the Island of Montreal in the name of the Notre Dame Society of Montreal to establish a Roman Catholic mission to evangelize natives. Dauversière hired Paul Chomedey de Maisonneuve , then age 30, to lead a group of colonists to build
8900-643: The subway system known as the Montreal Metro were finished during this time. Montreal also held the World's Fair of 1967, better known as Expo67 . The 1970s ushered in a period of wide-ranging social and political changes, stemming largely from the concerns of the French-speaking majority about the conservation of their culture and language, given the traditional predominance of the English Canadian minority in
9000-571: The title BMO Tower . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=BMO_Tower&oldid=1179754564 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Bank of Montreal The Bank of Montreal (French: Banque de Montréal ), abbreviated as BMO (pronounced / ˈ b iː m oʊ / ),
9100-443: Was also introduced during this time, in 1967. However, the bank's legal headquarters remains at the historic Montreal head office, with First Canadian Place formally listed as the "executive office" of the bank. In 1984, the bank acquired Chicago-based Harris Bank (through its parent, Harris Bankcorp), later rebranded as BMO Harris Bank . In 1987, the bank acquired stock brokerage Nesbitt, Thomson and Company . Several years later,
9200-640: Was assigned to defend Rhode Island in July 1777 . Montreal was incorporated as a city in 1832. The opening of the Lachine Canal permitted ships to bypass the unnavigable Lachine Rapids , while the construction of the Victoria Bridge established Montreal as a major railway hub. The leaders of Montreal's business community had started to build their homes in the Golden Square Mile from about 1850. By 1860, it
9300-526: Was completed in 1894, and was designated as a historic site as a good example of Queen Anne Revival architecture . Another former Bank of Montreal branch on Front and Yonge Streets in Toronto has housed the Hockey Hall of Fame since 1993. The 1885 Beaux-Arts styled building designed by the Toronto firm of Darling & Curry . Completed in 1847, the Bank of Montreal Head Office is formally located in Montreal, on Saint Jacques Street . However in 1960,
9400-613: Was hired by the bank as its vice-chair of investment and corporate banking in February 2019. In February 2019, it became reported that its US retail profits had surged. The bank moved its New York City headquarters in April 2019, to a former Conde Nast building. That month, the bank's Irish subsidiary was fined several million for a license breach. To settle charges by the SEC that it hid conflicts of interest from clients in 2016, in September 2019
9500-414: Was killed in the failed attack and Arnold, who had taken command, sent Brigadier General Moses Hazen to inform Wooster of the defeat. Wooster left Hazen in command on March 20, 1776, as he left to replace Arnold in leading further attacks on Quebec City. On April 19, Arnold arrived in Montreal to take over command from Hazen, who remained as his second-in-command. Hazen sent Colonel Timothy Bedel to form
9600-508: Was later amalgamated with its Harris Bank operations. When the transaction completed, M&I Bank, along with current Harris Bank branches were rebranded BMO Harris Bank . In 2022, BMO booked US$ 834 million after being found liable for Marshall & Ilsley Bank Ponzi scheme with damages of US$ 550 million. In 2009, businessman Thomas Petters was found guilty of running the scheme using an account at Marshall & Ilsley between 2002 and 2008. When BMO bought Marshall & Ilsley and assumed
9700-446: Was the first to use the form Montréal with reference to the entire region in 1575. Archaeological evidence in the region indicates that First Nations native people occupied the island of Montreal as early as 4,000 years ago. By the year AD 1000, they had started to cultivate maize . Within a few hundred years, they had built fortified villages. The Saint Lawrence Iroquoians , an ethnically and culturally distinct group from
9800-481: Was the largest municipality in British North America and the undisputed economic and cultural centre of Canada. In the 19th century, maintaining Montreal's drinking water became increasingly difficult with the rapid increase in population. A majority of the drinking water was still coming from the city's harbour, which was busy and heavily trafficked, leading to the deterioration of the water within. In
9900-521: Was the name for the settlement that appeared in all official documents until 1705, when Montreal appeared for the first time, although people referred to the "Island of Montreal" long before then. As part of the American Revolution , the invasion of Quebec resulted after Benedict Arnold captured Fort Ticonderoga in present-day upstate New York in May 1775 as a launching point to Arnold's invasion of Quebec in September . While Arnold approached
10000-414: Was −37.8 °C (−36 °F) on January 15, 1957, and the highest temperature was 37.6 °C (99.7 °F) on August 1, 1975, both at Dorval International Airport . Before modern weather record keeping (which dates back to 1871 for McGill), a minimum temperature almost 5 degrees lower was recorded at 7 a.m. on January 10, 1859, where it registered at −42 °C (−44 °F). Annual precipitation
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