| A history
of the Toronto Stock Exchange
Opening on Tuesday, March 20th, 1937 The Toronto Stock Exchange
was a masterful expression of its time. The heroic murals
and frieze gave hope to the people weary of the Depression
and looking ahead to a more dynamic and productive economy
- launching millionaires in its grand footsteps.
The Design Exchange facility is one of Canada's foremost
landmarks. Apart from its visual merits, the building was
a marvel of contemporary communications and trading technology.
Writers of the day hailed its sophisticated systems, one
noting it "Machinery [is] so modern, so up-to-date,
that a good deal of it had to be invented before it could
be built."
The art moderne style was designed by architects George
and Moorehouse, joined by Samuel Maw, endearingly known
for his style as 'Maws Modernism'. Canadian artist Charles
Comfort designed the 74-foot long exterior with carved frieze
and interior murals. These murals illustrated stories of
the industries that were driving the Canadian economy and
the Toronto Stock Exchange.
The Design Exchange
In 1983, the TSE moved to First Canadian Place, due mostly
in part to space requirements, leaving the building empty.
In 1985 Olympia and York (O&Y) proposed a not for profit
design centre in the former TSE. The building was sold to
Cadillac Fairview and The Toronto Dominion Bank in 1986.
The sale was conditional on the Design Centre concept being
retained, and the new owners were also obliged to preserve
the buildings facade and trading floor.
In January 1988 architects Kuwabara, Payne, McKenna, Blumberg
(KPMB) were hired to implement the renovations.
Where are we today?
The Design Exchange [DX] officially opened by Prime Minister
Jean Chretien on September 21st, 1994. The Design Exchange
is a non-profit educational organization committed to promoting
Canadian design and innovation and is North America's premier
design museum, education and resource centre.
The DX is home to a permanent collection of Canadian Designed
products, including iconic pieces at risk of disappearing
because they do not conform to the mandates of other museums.
A large part of the collection is an extensive encyclopedia
of post-war design in Canada.
How your money helps......
Through implementing our Heritage Facility fee to the rental
of trading floor the Design Exchange can preserve the building's
grandeur through continual restorations and attention to
historic details, ultimately acting as a time capsule to
the former Toronto Stock Exchange.
DESIGN
EXCHANGE HERITAGE DONATION
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