Stocks similar to this one were bought and sold in Montreal as early as 1830. The transactions took place in the Exchange Coffee House on St. Paul Street and, after its founding in 1874, in the Montreal Stock Exchange. Stocks represent shares of ownership, and so are often referred to as "shares." They are sold by companies to raise money for development, growth and expansion. Once issued, stocks are bought and sold among investors.

Montreal's location on the St. Lawrence River and the extensive transportation network centred there made it an important grain-export port. Mid-19th century entrepreneurs in the East were successful in exporting Western wheat abroad, and they developed an industrial and urban society based largely on the prosperity of the wheat economy. Western farmers depended, in turn, on large Eastern industrial centres like Montreal for manufactured goods and other services.
McCord Museum of Canadian History

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