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Founder Profile

Halifax Merchant Consortium of 1832

Last reviewed: November 2026 · By Swet Parvadiya

Who is Halifax Merchant Consortium of 1832?

Halifax Merchant Consortium of 1832 is a founder of Scotiabank, which was founded in 1832 with William Pryor.

Company founded
Scotiabank
Founded
1832
Co-founders
William Pryor

Founding Story

A coalition of pioneering merchants, including John Lawson, Mather Byles Almon, and James Forman, who subscribed £100,000 in startup capital at the Merchants Coffee House in Halifax to create a stable, public chartered bank dedicated to regional trade and economic commerce across Atlantic Canada.

Sources

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