Date Published:
January 2005

L’Encyclopédie de l’histoire du Québec / The Quebec History Encyclopedia

Banque du Peuple

Banque du Peuple, a chartered bank founded in Montreal, in 1843, with the object of catering to the French-Canadian population. It was, in fact, the outcome of the nationalistic movement among the French Canadians at this time. For nearly half a century it had a useful and successful career; but mismanagement wrecked it in 1894, and in 1895 it closed its doors. It was the predecessor of a number of banks which have been French-Canadian in their management and clientèle.

Source  : W. Stewart WALLACE, ed., The Encyclopedia of Canada , Vol. I, Toronto , University Associates of Canada , 1948, 398p., p. 173.