Wood Gundy Inc. was a leading Canadian stock brokerage and investment banking firm.
Following World War II, Wood Gundy expanded its operations, starting to underwrite and distribute securities of Canadian corporations.
Continued growth was driven through Canada's increasing industrialization and growing population, leading to greater demand for capital and investment securities.
Wood Gundy was the first Canadian dealer to open an office in Tokyo, and the first firm to employ a female trader on the floor of the Toronto Stock Exchange.
The first, responsible for investment dealer operations, was called "Wood Gundy Securities Limited".
[3] The firm was impacted by the 1987 stock market crash in October 1987 and intensified its efforts to find a buyer.