Manulife Place Renovations | 145.99m | 36s | AIMCo | MdeAS

What do you think of this project?


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I've always been curious about how they have the gall to suggest that it's a national bank, unless it's the national bank for the country of Quebec.
Considering we've got a provincial government talking about separatism, we're practically Quebec West lol

But it's probably a holdover of when Montreal was the financial capital of the country I think. Them buying CWB really means they're serious in going national I guess.
 
I've always been curious about how they have the gall to suggest that it's a national bank, unless it's the national bank for the country of Quebec.
It's simple. Quebec uses the "national" because they, as a people, are definitively a nation. You also see this in their national parks (instead of provincial) for example.

If anything, English Canadians misunderstand the use of the term since our primary national identity doesn't correspond to provincial borders. There's also a wilful blindness to it.

 
I’ve heard from a pretty reliable source that CWB has laid off a lot of people already and will ultimately do away with 75% of their corporate staff that will now be duplicated (ie legal, HR, treasury, etc). Client facing stuff is safe. Also heard they are taking less space in manulife than what they occupied in their building on jasper ave. Anyone else hear anything similar?
 
Considering we've got a provincial government talking about separatism, we're practically Quebec West lol

But it's probably a holdover of when Montreal was the financial capital of the country I think. Them buying CWB really means they're serious in going national I guess.
Yes, the debate about the semantics of the bank name is kind of moot now with their expansion, they are now national in all senses.

At the moment Quebec seems as committed to Canada, or perhaps more so, than Alberta.

However, our bank names generally have little relation to current reality. Scotiabank is not just in Nova Scotia, likewise Bank of Montreal and is the Royal Bank any more tied to the monarchy than the others?
 
However, our bank names generally have little relation to current reality. Scotiabank is not just in Nova Scotia, likewise Bank of Montreal and is the Royal Bank any more tied to the monarchy than the others?
All very valid points. 👍
 
is the Royal Bank any more tied to the monarchy than the others
Yes, in the sense that the crown is still a major shareholder and has at least one board seat.
Doesn't change your point (with which I agree), but just a tidbit of useless information lol
 
Headlines has closed down permanently.

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Yes, in the sense that the crown is still a major shareholder and has at least one board seat.
Doesn't change your point (with which I agree), but just a tidbit of useless information lol
Yes, the names are more symbolic than anything else. Interestingly, they now seem to prefer to go by the generic RBC, which could be a tire repair company in Ohio, so perhaps that board seat doesn't have much influence.
 
Edmonton banks have greatly downsized their workforces. TD had hundreds of dt jobs in 3 plus towers/locations. Most of them have been gone for 10+ years now.
Yes, for whatever reasons most of the banks seem to have centralized more of their work forces in a few larger, expensive cities over the last decade.
 
Yes, the names are more symbolic than anything else. Interestingly, they now seem to prefer to go by the generic RBC, which could be a tire repair company in Ohio, so perhaps that board seat doesn't have much influence.
It's more a question of how marketing works in this day and age. BMO does the same thing, Scotiabank dropped the "bank" and is going by just Scotia on most marketing material... Many companies have done similar things, in other industries.
 
I understand how they want short concise and unfortunately generic names in advertising. Of course this does not mesh with the actual names which come from a history of bank mergers which resulted in often long unwieldy names, or a geographic or other terms they may have felt was limiting.

For instance CIBC = Canadian Imperial Bank of Commerce (two former bank names - for a while they went by the Commerce in their ads ), TD Canada Trust = Toronto Dominion Canada Trust (three former bank names here), so we end up with generic acronyms.

Interestingly National Bank (perhaps short and generic enough) is a bit of an exception and Scotia seems to not find it too limiting to at least hint at where it was from.
 

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