In 1981 it purchased Laurentide Mortgage Corporation, which specialized in mortgage loan operations, and several active subsidiaries of Laurentide Financial Corporation. In 1986 it took over the Mercantile Bank of Canada. It also owns 67% of Levesque Beaubien Geoffrion Inc, one of Canada's largest and most influential brokerage houses.
Today, it conducts a general banking business and offers related financial services at over 600 branches and offices throughout Canada. In 1997 it had a net income of $342 million, assets of $66.2 billion and over 16 000 employees.
Author DEBORAH C. SAWYER
Links to Other Sites
Personal Investing
The lastest news on Canadian equity markets, personal investment plans, and more. From thestar.com.
Office of the Superintendent of Financial Institutions
The website for OSFI, the primary regulator of banks and other federally incorporated financial institutions in Canada. Check out "About OSFI" for background information about this independent agency of the Government of Canada.


Shawnadithit grew anxious waiting for her uncle, Longnon, to return to camp at the junction of Badger Brook and the Exploits River, deep in the wilds of Newfoundland...
INSIDE TCE
