James Henry Gundy | The Canadian Encyclopedia

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James Henry Gundy

James Henry Gundy, investment dealer (b at Harriston, Ont 22 Mar 1880; d at Toronto 10 Nov 1951).

James Henry Gundy

James Henry Gundy, investment dealer (b at Harriston, Ont 22 Mar 1880; d at Toronto 10 Nov 1951). After working for the Central Canada Loan and Savings Co and Dominion Securities Corp, in 1905 Gundy organized the firm of WOOD, GUNDY and Co, which within several years became Canada's largest investment firm. During WWI he was chairman of the special subscriptions committee of several victory loans and later president of the Investment Bankers' Assn of Canada. As an investment dealer he was active in the merger wave of 1923-30 in Canada, mainly in the financial reorganization of companies such as Simpsons, Canada Power and Paper, Dominion Steel and Coal Corp and Massey-Harris. He was a member of the boards of directors of dozens of Canadian companies, including British Columbia Power Corp, Halifax Shipyards, Dominion Life Assurance Co, London Canadian Investment Corp, North American Life Assurance Co and Canada Cement.