Canada

Entered market 

1927

In 1927, Barclays Bank Ltd and Barclays Bank (Dominion, Colonial and Overseas) established an investment company in Canada to provide capital for a banking operation. Following this, Barclays Bank (Canada) Ltd was established by charter of the Canadian Parliament on 3 September 1929, with its first office located at 214 St James Street, Montrèal. As a chartered bank, Barclays was able to issue its own banknotes, and was chaired by Sir Robert Borden, who had previously served as Prime Minister of Canada during World War One. In 1931, Barclays Trust Company of Canada was established. By 1956, Barclays Bank (Canada) was sold to the Imperial Bank of Canada, in exchange for shares of Imperial, which then became CIBC in 1961. Barclaycard was extended to the country in 1968. In 1974, Barclays re-established a wholesale banking operation as Barclays Canada Ltd, which became chartered in 1981, becoming Barclays Bank of Canada. Barclays Bank of Canada became the second largest foreign bank by 1986, with ten branches, and was reorganised into commercial and corporate divisions in 1989. The commercial operation of Barclays Bank of Canada was sold to the Hong Kong Bank of Canada in 1996, whilst Barclays de Zoete Webb and BGI continued to provide corporate finance, capital markets, private banking and investment management. In 2005, Barclays Capital (formerly BZW) opened a new Commodities Marketing Office in Calgary. Barclays launched its first Canadian structured note in 2008, and in 2009, launched iPath Traded Notes on the Toronto Stock Exchange, as well as CAD INSPIRE, which allows Canadian investors to access liquid inflation markets in a manner that mimics Canadian inflation levels. All information is correct as of August 2015.

Traded as

Barclays Bank of Canada