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39-937: Services provided by Peoples Group: Peoples Group and its subsidiary Peoples Bank of Canada are separately members of the Canada Deposit Insurance Corporation (CDIC). Peoples Group is a member of Canadian Lenders Association and Open Finance Network of Canada. 2022: Peoples Trust Company became first Automated Clearing Settlement System (ACSS) direct clearer in Canada since 1984. 2021: Peoples Payment Solutions offers access to real-time payments with Interac e-Transfer® for business. Peoples Trust Company announces CDIC insurance eligibility for General Purpose Reloadable (GPR) prepaid cards. Peoples Payment Solutions launches Interac e-Transfer Request Money via API. 2019: Peoples Group receives Letters Patent of Incorporation for Peoples Bank of Canada. A Notice of Approval from

78-458: A book about the "castle". The area was closed, behind an "Under Repairs" sign. The suggestion that the stables were under renovation allowed workers of the secret facility to come and go without suspicion. Casa Loma is often claimed to be the location of Station M that manufactured covert devices for agents, claiming that the book Inside Camp X provides this information. In 2015, however, author Lynn Philip Hodgson rejected this in an interview with

117-480: A local Kiwanis Club , and subsequently Casa Loma was leased in 1937 by the Kiwanis Club of West Toronto, later the Kiwanis Club of Casa Loma (KCCL), which began operating the mansion under a sole-source contract as a tourist destination. During World War II, the stables were used to conceal research and production of sonar , and for construction of sonar devices (known as ASDIC) for U-boat detection, according to

156-404: A major swing era dance band. The city seized Casa Loma in 1924 for unpaid taxes, and for years, the building was left vacant. In the 1930s, CFRB broadcaster Claire Wallace spent a night at Casa Loma to gather material for a story about ghosts and supernatural phenomena, and she later broadcast an appeal to save the building from demolition. Her broadcast was heard by the vice-president of

195-425: A new operator. In January 2014, the city entered a new long-term lease and operating agreement with Liberty Entertainment Group, led by President and CEO Nick Di Donato, which agreed to spend $ 7.4 million to continue the mansion's upgrades. The company's plans also included a fine dining facility. The restaurant, Blueblood Steakhouse, opened in summer 2017. Sir Henry imported artisans from Europe to design much of

234-401: A popular filming location for movies and television. It is also a popular venue for wedding ceremonies, and Casa Loma can be rented in the evenings after the museum closes to the public. In 1903, financier Henry Pellatt purchased 25 lots from developers Kertland and Rolf. Pellatt commissioned architect E. J. Lennox to design Casa Loma, with construction beginning in 1911, starting with

273-411: A stipulation that KCCL would use the mansion's net revenues to help pay for upgrades; however, the organization used the fund to cover operating shortfalls instead, and there was only $ 335,000 in the account by 2011, rather than the $ 1.5-million originally projected. As a result, in 2011, the city temporarily resumed management of Casa Loma and began welcoming bids from the private sector in its search for

312-566: Is a Gothic Revival castle -style mansion and garden in midtown Toronto , Ontario , Canada, that is now a historic house museum and landmark. It was constructed from 1911 to 1914 as a residence for financier Sir Henry Pellatt . The architect was E. J. Lennox , who designed several other city landmarks. Casa Loma sits at an elevation of 140 metres (460 ft) above sea level, 66 metres (217 ft) above Lake Ontario . Due to its unique architectural character in Toronto, Casa Loma has been

351-467: Is a Canadian federal Crown Corporation created by Parliament in 1967 to provide deposit insurance to depositors in Canadian commercial banks and savings institutions . CDIC insures Canadians' deposits held at Canadian banks (and other member institutions) up to C$ 100,000 in case of a bank failure . CDIC automatically insures many types of savings against the failure of a financial institution. However,

390-537: Is designed to fit beneath the mansion's tower; this room is notable for its doors and windows, which curve to follow the shape of the room. The Girl Guide Exhibit was opened on the second floor of Casa Loma in 1973. The relationship between the Girl Guides and Casa Loma extends back to Lady Pellatt , who frequently invited the Girl Guides to her home. Their first visit was in 1913, when 250 girls and their leaders toured

429-627: Is regulated in part by the Office of the Superintendent of Financial Institutions who can, in an extreme case, close a financial institution. Alongside Canada's mortgage rules, the risk of bank failures similar to the US are slim, but not impossible. The original amount of insurance per eligible deposit account was $ 20,000. This was raised to $ 60,000 in 1983. As of 2005, CDIC covers $ 100,000 in eligible deposits per insured category at each CDIC member institution in

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468-493: Is separate coverage. Given that each deposit category is protected separately, depositors can benefit from protection far in excess of $ 100,000 (i.e. they can be protected for $ 100,000 in each of the nine categories). Most credit unions (and caisses populaires in Quebec or New Brunswick) are not insured federally, because they are created under provincial charters and backed by provincial insurance corporations which generally follow

507-651: Is similar to the Federal Deposit Insurance Corporation in the United States. Since 1967, 43 financial institutions have failed in Canada and all 43 were members of CDIC. There have been no failures since 1996. On 31 December 2017, member institutions numbered 82, according to CDIC's Summary of the Corporate Plan, 2018/19 to 2022/2023. The roots of the CDIC can be traced back to the 19th century, such as

546-442: Is to cover reasonable deposits and savings, but not deposits deliberately positioned to take risks for gain, such as mutual funds, stocks, or cryptocurrencies. According to CDIC's Quarterly Financial Report of 31 December 2017, CDIC protects $ 774 billion CAD in insured deposits. CDIC's ex ante funding level is $ 4.2 billion, representing 55 basis points of insured deposits. Casa Loma Casa Loma (Spanish for "Hill House")

585-528: The Toronto Star . "Nobody knows where Station M was. You won't read where it was in any book." KCCL managed Casa Loma for 74 years, until 2011. Its tenure was not without controversy, with Pellatt's great-grandniece Trelawny Howell starting a campaign for an open-tender lease process in 2005, and the organization disputing her relationship with Pellatt in 2010. A 2006 advisory committee led by former MPP Ron Kanter , and its subsequent reports, recommended that

624-529: The Scott Pilgrim series and Eric Wilson 's murder mystery The Lost Treasure of Casa Loma . In the CBC Television show Being Erica , the episode "Mi Casa, Su Casa Loma" features Casa Loma prominently as the place where main character Erica Strange works. It also appeared in the television adaptation of R. L. Stine's Goosebumps series' A Night In Terror Tower . Casa Loma also features prominently in

663-610: The Yonge-University line of the Toronto subway . Casa Loma is a popular location for use in film and television. It has served as a location for movies such as X-Men , Strange Brew , Chicago , The Tuxedo , Scott Pilgrim vs. the World , Warehouse 13 , Crimson Peak , Twitches , Twitches Too , The Pacifier , and Titans where it stands in for Wayne Manor . Comic books and children's novels that have used it include

702-474: The 75th anniversary and the 100th anniversary celebrations of Guiding in Canada were held at Casa Loma. As of 2014 , the garage and carriage room feature an exhibition of vintage cars from the early 1900s. Casa Loma is located on Austin Terrace at Spadina Road , on an escarpment (Davenport Hill) above Davenport Road . Davenport runs along the bottom of the escarpment, which was the shoreline of Lake Iroquois ,

741-786: The CDIC model. Federal credit unions, such as the UNI Financial Cooperation caisse in New Brunswick, are incorporated under federal charters and are members of CDIC. ATB Financial , a financial institution owned by the Government of Alberta , is insured directly by the Alberta provincial government rather than through a federal or provincial insurance corporation. Funds in foreign banks operating in Canada may or may not be covered depending on whether they are members of CDIC. Not all types of investments are covered. The general principle

780-465: The Hunting Lodge. The stables were used as a construction site for the mansion (and also served as the quarters for the male servants), with some of the machinery still remaining in the rooms under the stables. The house cost about $ 3.5 million (in 1910s CAD) and took 299 workers three years to build. Due to the start of World War I, construction was halted. At 98 rooms covering 200,000 square feet, it

819-543: The Office of the Superintendent of Financial Institutions (OSFI), and the Minister of Finance (Canada) was received. 2014: Peoples Trust and InComm launch first MasterCard prepaid card for mobile payments in Canada. 2012: Peoples Trust launches it online banking platform 2008: Peoples Trust becomes a Visa Issuer, one of the first institutions in Canada to have both Visa & MasterCard products. 1987: Peoples Trust becomes one of

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858-557: The Upper Canada's financial problems of 1866, the North American panic of 1873 and the 1923 failure of Toronto's Home Bank , symbolized today by Casa Loma . Historically in Canada regional risk has always been spread nationally within each large bank, unlike the uneven geography of US unit banking, layered with savings & loans of regional or national size, who in turn disperse their risk through investors. The Canadian banking system

897-611: The bank must be a CDIC member and not all savings are insured. CDIC is also Canada's resolution authority for banks, federally regulated credit unions, trust and loan companies as well as associations governed by the Cooperative Credit Associations Act that take deposits. The Canada Deposit Insurance Corporation was created 4 March 1967 (under Schedule III, Part 1 of the Financial Administration Act and Canada Deposit Insurance Corporation Act ). It

936-502: The biography-documentary of Sir Henry Pellatt, The Pellatt Newsreel: the Man who Built Casa Loma , which was nominated for a 2009 Gemini for Best Biography Documentary. TV show Hemlock Grove was also filmed there as well as The Mortal Instruments: City of Bones and related Shadowhunters . Exterior shots of the building were used in the Gothic TV show Strange Paradise . It is also

975-545: The city turn the mansion's management over to a new "Casa Loma Trust". However, a city manager's report in 2008 recommended extending the city's lease with KCCL for 20 years, and in July 2008, it was renewed. Meanwhile, from 1997 until 2012, the mansion underwent a 15-year, $ 33-million exterior restoration largely funded by the city, which also created a new board of trustees in 2008, including seven KCCL members and seven city appointees. The city's renewed management agreement included

1014-514: The conservatories and stables, climbed the circular staircase to the top turret and then were served tea in the Palm Room. In March 1914, Lady Pellatt watched the Guides' annual fête from her bedroom window as she was too ill to leave her room. Rallies became an annual event at the house. Guides also skated on the house's curling rink in winter. Girl Guiding events have continued in recent years, including

1053-459: The event of a failure. On 22 June 2017, CDIC was formally designated as the resolution authority for Canada's largest banks, a recognition of CDIC's role in handling the failure of its member institutions. CDIC has a number of tools to assist or resolve a failing member institution. As of 30 April 2020, coverage was expanded to include deposits in foreign currencies, and deposits with terms greater than 5 years, but coverage for travellers' cheques

1092-490: The filming location of the 2016 TV film The Rocky Horror Picture Show: Let's Do the Time Warp Again , where scenes at Dr. Frank N. Furter's castle and the movie theatre where the audience participated were filmed. Ivy Levan 's performance of the song " Science Fiction Double Feature " was filmed at Casa Loma (a movie theatre marquee was placed at the front entrance of the castle for filming). In 2018, Casa Loma served as

1131-489: The first Mortgage Backed Securities issuers in Canada 1985: Peoples Trust opens its doors offering lending and deposit services. On May 13, 2019, the Ontario Superior Court awarded $ 16.8 million (CAD) (including $ 1.5 million in punitive damages) to plaintiffs in a class action lawsuit regarding fees and unused balances the company seized from consumers of its prepaid gift cards between 2012 and 2014. The settlement

1170-576: The furniture and other features of the mansion. Casa Loma has five acres of gardens. A tunnel connects Casa Loma to the Hunting Lodge and to the stables (garage, potting shed, stalls, carriage room , and tack rooms). The Oak Room (originally called the Napoleon Drawing Room) is the most decorated room in the house, and was used for formal occasions. It is encased in wood panels in the style of Grinling Gibbons , which took three artisans three years to carve. The highly ornamented plaster ceiling

1209-619: The lawsuit included: Vanilla Prepaid Visa or MasterCard , Give and Go Prepaid Visa , House Points, The Ideal Choice/Online Payment Card MasterCard, Shell Non-Reloadable MasterCard. Along with reloadable prepaid cards under the product names of: Nextwave Titanium+ Prepaid Visa, EPIC Prepaid MasterCard, Evolve Prepaid Visa, HorizonPlus Prepaid MasterCard, PTC Company US Dollar Prepaid MasterCard, Shell Prepaid Reloadable MasterCard and YesCard Prepaid Visa. Canada Deposit Insurance Corporation The Canada Deposit Insurance Corporation ( CDIC ; French : Société d'assurance-dépôts du Canada )

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1248-539: The massive stables, potting shed and Hunting Lodge (a.k.a. coach-house) a few hundred feet north of the main building. The Hunting Lodge is a two-storey 4,380-square-foot (407 m ) house with servants' quarters. As soon as the stable complex was completed, Pellatt sold his summer house in Scarborough (burned down in the 1920s but the Lennox designed groundskeeper's home at 12 Courcelette Road remains ) to his son and moved to

1287-405: The predecessor of Lake Ontario (coordinates 43°40′41″N 79°24′33″W  /  43.678°N 79.4093°W  / 43.678; -79.4093 ). Casa Loma affords views down the escarpment and Spadina Avenue into the heart of Toronto. The stables are located at 330 Walmer Road and the Hunting Lodge at 328 Walmer Road. Casa Loma is served by St. Clair West Station and Dupont Station on

1326-557: The regiment as a rifleman and rose through the ranks to become the commanding officer . He was knighted for his dedication to the regiment. Pellatt later served as the honorary colonel and was promoted to major-general upon retirement. During the depression that followed the war, the City of Toronto increased Casa Loma's property taxes from $ 600 per year to $ 1,000 a month, and Pellatt, already experiencing financial difficulties, auctioned off $ 1.5 million in art and $ 250,000 in furnishings. Pellatt

1365-488: Was able to enjoy life in the mansion for less than ten years, leaving in 1923. In late 1920s, investors operated Casa Loma for a short time as a luxury hotel. During Prohibition , it became a popular nightspot for wealthy Americans. The Orange Blossoms, later known as Glen Gray and the Casa Loma Orchestra , played there for eight months in 1927–1928. Shortly thereafter, they went on a tour of North America and became

1404-489: Was approved by a judge in September 2020 and all eligible Ontarians are able to make a claim. The lawsuit covers activities until 2014 but the company continued to issue cards and collect fees that saw the card face value decrease progressively as Peoples Group continued to deduct monthly 'service' fees. So a user who bought a $ 100 card and didn't use it, would eventually see the balance decrease to $ 0. Impacted cards as part of

1443-790: Was eliminated (as member institutions no longer offer them). As of 30 April 2022, separate coverage was added for Registered Education Savings Plans (RESPs) and Registered Disability Savings Plans (RDSPs), but deposits in mortgage tax accounts will no longer be considered a separate category. Insurance is restricted to CDIC member institutions, and covers $ 100,000 in certain types of deposits, such as savings accounts and chequing accounts, guaranteed investment certificates (GICs) and other term deposits, money orders, and bank drafts issued by CDIC members and cheques certified by CDIC members, and debentures issued by loan companies that are CDIC members. Eligible deposits are insured separately in each of nine categories: A key characteristic of CDIC deposit protection

1482-451: Was made by Italian craftsmen, and was enhanced by the use of indirect lighting in the ceiling. Among other fixtures, the room featured a 10 feet (3.0 m) high Louis XVI style faux-gilt carved light standard with 24 bulbs. Other rooms in Casa Loma include The Conservatory, a room that showcases plant life. The Conservatory also includes a fountain at one end of the room. The Round Room

1521-585: Was the largest private residence in Canada. Notable amenities included an elevator , an oven large enough to cook an ox , two vertical passages for pipe organs , a central vacuum , two secret passages in Pellatt's ground-floor office, a pool, and three bowling lanes in the basement (the last two were never completed). Most of the third floor was left unfinished, and today serves as the Regimental Museum for The Queen's Own Rifles of Canada . Pellatt joined

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