Manitoba Business: Union Bank of Canada
This bank, known originally as the Union Bank of Lower Canada when it was founded in Quebec City in 1865, dropped “Lower” from its name in 1886. Its headquarters were relocated to Winnipeg in 1912 and it operated a network of branches across the prairies until its merger with the Royal Bank of Canada (RBC) in 1925. As a result of the merger, for the first time in its history the RBC held more assets than the Bank of Montreal. Two Winnipeggers, R. T. Riley and W. R. Allan, joined the RBC board in 1926.
Assistant General Managers
We thank Joseph Martin for providing additional information used here.
This page was prepared by Gordon Goldsborough.
Page revised: 13 August 2019Back to top of page