One of Canada’s oldest stockbrokerage firms, MacDougall, MacDougall & MacTier Inc. (3Macs), commemorated its 150th anniversary this morning by opening the market at the Toronto Stock Exchange.

“Reaching this significant milestone is a testament to the dedication we have to our people and the loyalty we have to our clientele,” said Bart MacDougall, chairman of 3Macs in a statement.

MacDougall opened the market at the Toronto Broadcast Centre with president and CEO Timothy Price.

“Throughout the firm’s history we have been blessed with people that continuously service our clients with integrity, confidentiality and trust,” MacDougall said.

The independent, employee-owned investment dealer dates back to the early 1850s when Donald Lorn MacDougall, one of Montreal’s very first brokers, established MacDougall Brothers with one of his brothers. The family business evolved into 3Macs in 1858.

The company has since expanded into a dealer with $5 billion in assets, 185 employees and offices in Toronto, London, Kingston, Quebec City and Montreal.

IE