In 1866 a group of businessmen, including William McMaster, purchased a charter from the defunct Bank of Canada, which had folded in 1858.
[1][failed verification] The Canadian Bank of Commerce was founded the following year, issued stock, and opened its headquarters in Toronto, Ontario.
[2] By the beginning of World War II, this had expanded to 379 branches,[4] including a large building by Darling and Pearson in Winnipeg, Manitoba, built in 1910 in beaux-arts classic style.
In 1931, the Toronto headquarters of the bank, designed by architects John Pearson and Frank Darling, was completed.
[7] Once again, during World War II, 2,300 staff members enlisted in the armed forces.