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ONTARIO BANK

Ontario Bank (1857)

In financial difficulty due to reckless speculation, it closed its doors Oct 12, 1906. Its assets were liquidated by the Bank of Montreal and the Bank of Montreal and other banks guaranteed the banks depositors against loss to avert a panic and to maintain public confidence in the banking system.

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Ontario Bank (1857) In financial difficulty due to reckless speculation, it closed its doors Oct 12, 1906. Its assets were liquidated by the Bank of Montreal and the Bank of Montreal and other banks guaranteed the banks depositors against loss to avert a panic and to maintain public confidence in the banking system.
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