George Stephen, 1st Baron Mount Stephen
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The Right Honourable The Lord Mount Stephen GCVO |
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| 9th President of the Bank of Montreal | |
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In office 1876–1881 |
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| Personal details | |
| Born |
George Stephen 5 June 1829 Dufftown, Scotland |
| Died | 29 November 1921 (aged 92) Brocket Hall, Hatfield, England |
| Spouse(s) | Charlotte Kane Georgina Tufnell |
| Relations | Lord Strathcona (cousin) |
| Occupation | businessman and financier |
George Stephen, 1st Baron Mount Stephen, GCVO (5 June 1829 – 29 November 1921), known as Sir George Stephen, Bt, between 1886 and 1891, was a prominent Canadian businessman. Originally from Scotland, he made his fame in Montreal and was the first Canadian to be elevated to the Peerage of the United Kingdom. He was the financial genius behind the creation of the Canadian Pacific Railway.
He was President of the Bank of Montreal and is remembered as one of the greatest philanthropists of his time: he built a new wing at the Montreal General Hospital, donated generously to various hospitals in Scotland and gave over £1.3 million to the Prince of Wales Hospital Fund in London, working closely with George V. He and his first cousin, Lord Strathcona, purchased the land and then each gave $1 million to the City of Montreal to construct and maintain the Royal Victoria Hospital. His home in Montreal's Golden Square Mile later became the Mount Stephen Club.
In 1888, he retired to England, living between Brocket Hall and 17 Carlton House Terrace. His first wife is credited with introducing the canoe to Scotland. From starting life as a bare-footed stable boy, he became the richest man in Canada and closely associated with George V, whose wife, Queen Mary, was a lifelong friend and confidante of the second Lady Mount Stephen.
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