Bank Holiday

Bank Holiday History

Bank Holiday is dedicated to celebrating and honoring the contributions of the banking and financial sector. This observance aims to acknowledge the role of banks and other financial institutions in fostering economic stability and growth in the region. It also highlights the importance of sound financial practices and responsible banking.

As part of a broader tradition of honoring and appreciating the banking industry, Bank Holiday (QC) has been observed in Quebec since 1980. The day was initially dedicated to the recognition of Saint Jean-Baptiste, the patron saint of French Canadians, who was associated with responsible financial practices and hard work. Over time, the focus of the holiday shifted, and it has now become an opportunity for people in Quebec to express their gratitude for the contributions of banks and financial organizations to the economy and society at large.

In Quebec, Bank Holiday (QC) is typically observed by enjoying a day off work for those in the banking industry. This is a time for individuals and families to celebrate the importance of financial institutions and appreciate their impact on the lives and successes of the community. Many people also take this opportunity to reflect on their own financial habits and consider making improvements to ensure a better future for themselves and their families. Bank Holiday (QC) occurs annually on the Monday closest to June 24th in recognition of its origins honoring Saint Jean-Baptiste.

Top facts about Bank Holiday

• The Royal Bank of Canada is one of five banks that dominate the banking industry of Canada. The Royal Bank is the largest of the five.
• The Quebec Bank was founded in 1818 in Quebec city as an alternative to the Bank of Montreal. It was absorbed by the Royal Bank of Canada in 1917.
• A reminder of the Quebec Bank can be found on the New York Life Insurance Building in Old Montreal. The name of the Quebec Bank is carved over the entrance of the building.
• This day is also known as Journée nationale des patriotes in French.
• On this day, the majority of employees are given a day off with regular pay or public holiday pay.
• The symbol of the Patriote movement is the green, white, and red tricolor flag, with a gold star in the upper left corner.

In the News and Trending for Bank Holiday

Top things to do for Bank Holiday

• Reflect. It's the start of a New Year. Plan out what you need to accomplish this year and get your finances in order.
• Visit the remnant of the Quebec Bank in Toronto at 50 King Street East. It is considered a cultural heritage building under the Ontario Heritage Act.
• Go for a Polar Bear Swim. It's a good way to start the year off and strengthen your nerves.
• One of Canada's most iconic attractions, Niagara Falls offers breathtaking views, boat tours, and various activities like hiking or cycling along the Niagara River.
• Discover the charming and historic district of Old Quebec, a UNESCO World Heritage site. Explore the narrow cobblestone streets, visit the iconic Château Frontenac, and indulge in the city's rich French-Canadian cuisine.