Development of a Mature Securities Market in Montreal from 1817 to 1874
| Type of resource | |
|---|---|
| Author/collaborator |
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| Title |
Development of a Mature Securities Market in Montreal from 1817 to 1874
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| Abstract |
An organized market for financial securities in Montreal prior to 1874 developed slowly because finance of major infrastructure projects was carried out in London, not Montreal. According to the author, growth was not driven by speculation or tempered by successive boom and bust cycles; this marked the Montreal experience practically unique in the history of finance. The Montreal Board of Trade was the focus of commercial activities that eventually evolved through increased speculation to a stock market.
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| Publication |
Business History
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| Volume |
Vol. 51
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| Issue |
no. 1
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| Pages |
59-76
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| Date |
2009
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| Language |
en
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| Citation |
McKeagan, David. “Development of a Mature Securities Market in Montreal from 1817 to 1874.” Business History Vol. 51, no. 1 (2009): 59–76.
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