Prepare for the Canadian Citizenship Test 2025. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

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In what year did the Montreal Stock Exchange open?

  1. 1832

  2. 1793

  3. 1812

  4. 1854

The correct answer is: 1832

The Montreal Stock Exchange opened in 1832, making it the oldest exchange in Canada. Option B is incorrect because this was the year that the Montreal Bank, precursor to the bank of Montreal, was established. Option C is incorrect because this was the year that the War of 1812 began, which had an impact on the development of the Montreal Stock Exchange. Option D is incorrect because this year coincided with the California Gold Rush, which had a significant effect on the stock market, but not the opening of the Montreal Stock Exchange.