Richardson Greenshields was Canada’s largest investment dealer in terms of national and international presence.

Richardson Securities of Canada merged with Greenshields Inc. of Montreal to form Richardson Greenshields of Canada.

An affiliate of JRSL starts a 50/50 joint venture operating under the name of “Tundra Oil and Gas”. Tundra’s oil production in the first year is 115 barrels per day.

Mohawk Navigation was renamed Pioneer Shipping Limited to more closely identify it with its sister companies.

A 112,000-metric tonne Pioneer Grain port terminal was officially opened in Vancouver. It was capable of loading ships at 140,000-bushels per hour.

The Firm announces plans to build a new complex on the corner of Portage and Main, which would include a 30-storey office tower, concourse and hotel. It opened in 1969.

JRSL became associated with Sorel Elevators Limited. The terminal at the confluence of the St. Lawrence and St. Richelieu Rivers soon underwent extensive upgrades.

The Firm invested in Canada’s oil future through Marine Pipeline Construction of Canada. It would later build the first 42” pipeline and the first commercial natural gas pipeline north of the 60th parallel.

At JRSL’s 100th Anniversary gala celebration, Mrs. Richardson paid tribute to her predecessors at the Firm, “to whom we owe so much.”