Manitoba Business: Home Bank of Canada

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Manitoba Branches | First World War Casualties | Sources

Known as a farmers’ bank, with shares sold through United Grain Growers, the Home Bank of Canada was also popular with small depositors, trade unions, and Catholic parishes. The bank crashed on 17 August 1923 due to fraud by its management and eight branches in Manitoba closed abruptly. The resulting scandal led to a 1924 Royal Commission and inspired numerous banking reforms such as deposit insurance.

Honour rolls published in the 61st and 144th Battalion souvenir books list bank employees during military service in the First World War.

Manitoba Branches

Branch

Address

Period

Status

Crystal City

RM of Louise

?-?

 

Franklin

RM of Rosedale

1920-1923

Demolished (?)

Goodlands

RM of Brenda

1910-2023

Demolished (?)

Grandview

Grandview

?-?

 

Lyleton

RM of Two Borders

1908-1923

Demolished (?)

Marquette

RM of Woodlands

1922-1923

Destroyed by fire (1924)

Rosser

RM of Rosser

?-?

 

Winnipeg

426 Main Street

?-1923

Demolished (?)

1817 Portage Avenue

?-1923

Demolished (?)

First World War Casualties

Name

Occupation

Service

Rank

Birth Date

Death Date

Robert George Foster
[Neepawa]

Bank Clerk

8th Battalion, Canadian Infantry

Lieutenant

23 January 1891

9 August 1918

Leonard Victor Morley
[Congregational, Next of Kin]

Bank Clerk

4th Battalion, Canadian Machine Gun Corps

Sergeant

9 October 1893

2 September 1918

Vernon Nicholl Severn
[Next of Kin, Pembina Crossing, St. Johns]

Banking

43rd Battalion, Canadian Infantry

Lieutenant

28 May 1890

26 October 1917

Cedric William Jubb Storry

Bank Clerk

31st Battalion, Canadian Infantry

Private

11 August 1889

12 July 1916

Cyril Wilfred Tait
[Headingley, Next of Kin, St. Matthews]

Clerk

27th Battalion, Canadian Infantry

Private

4 April 1894

19 June 1916

Sources:

“Collapse of Home Bank quietly received,” Winnipeg Tribune, 18 August 1923.

Goodlands: West of the Turtle Mountains, 1870-1970 by Goodlands United Church Women, 1970, page 3.

Footsteps Through the Years: Ossowa, Reaburn, Marquette, Meadow Lea, Poplar Heights by Marquette and District Historical Guild, circa 1977, pages 94, 378.

Harvests of Time: History of the R.M. of Edward by R.M. of Edward History Book Committee, 1983, page 245.

Rosedale Remembers: 1884-1984 by Rosedale Centennial Committee, 1984, page 183.

This page was prepared by Gordon Goldsborough and Darryl Toews.

Page revised: 30 August 2025