Bank of British Columbia

The Bank of British Columbia (1885-86) is valued as an architectural gem reminiscent of Victoria's late-nineteenth century economic prosperity. As the Canadian headquarters of the Bank of British Columbia, and the most sophisticated and costly structure of its kind in the province at the time of its construction, this bank reflects the economic optimism which assumed that Victoria would become the western terminus for the Canadian Pacific Railway, and would continue to prosper as the centre of west coast commerce.

Designed by architect W.H. Williams to make ideal use of this prominent corner lot, this building epitomizes the image of nineteenth-century banking, and is an excellent example of the detailed use of the Classical idiom favoured for commercial architecture in that time period. The location of this building is significant, as it reflects the early grandeur of Government Street as a major commercial and financial artery of the city. It is a prominent landmark, and its composition of local building materials and distinctive decorative elements - such as cast-iron features made locally by the historic Albion Iron Works - makes it significant to the continuity of the historic streetscape in the Old Town district.

The Bank of British Columbia has an interesting historic association with noted Canadian poet and novelist, Robert Service, who worked for the Bank and occupied one of the upstairs apartments in the building.