Canada Gazette, Part I, Volume 158, Number 41: MISCELLANEOUS NOTICES
October 12, 2024
BNY TRUST COMPANY OF CANADA
REDUCTION OF STATED CAPITAL
As required under subsection 78(5) of the Trust and Loan Companies Act (Canada), notice is hereby given that BNY Trust Company of Canada (the “Company”) intends to apply to the Superintendent of Financial Institutions (Canada) [“Superintendent”] for approval to reduce the stated capital of the common shares of the Company in accordance with the special resolution passed by the sole shareholder of the Company on September 12, 2024, a copy of which is set out below.
“RESOLVED AS A SPECIAL RESOLUTION THAT
- Subject to the approval of the Superintendent, and in accordance with section 78 of the Trust and Loan Companies Act (Canada), the stated capital of the Company be reduced by an amount of up to $26.5 million (the “Authorized Limit”) by reducing the stated capital account maintained for its common shares, such amount to be distributed to the sole shareholder of the Company;
- The directors and officers of the Company are hereby authorized and directed to apply under section 78 of the Trust and Loan Companies Act (Canada) for approval of this resolution and such reduction of stated capital;
- The Company’s Chief Financial Officer shall determine the amount of any such reduction of stated capital within the Authorized Limit; and
- Any director or officer of the Company be and is hereby authorized and directed, for and on behalf of the Company, to execute and deliver all such documents and to do such other acts or things as may be determined to be necessary or advisable to give effect to this resolution, the execution of any such document or the doing of any such other act or thing being conclusive evidence of such determination.”
The publication of this notice should not be construed as evidence that approval will be issued for the reduction of capital.
Toronto, September 21, 2024
BNY Trust Company of Canada
CANADIAN NORTHERN SHIELD INSURANCE COMPANY
ASSUMPTION REINSURANCE AGREEMENT
Notice is hereby given, in accordance with the provisions of subsection 254(2) of the Insurance Companies Act (Canada) [the “Act”], that Canadian Northern Shield Insurance Company (“CNS”) intends to make an application to the Minister of Finance (Canada) [the “Minister”], on or after November 12, 2024, for the Minister’s approval to cause itself to be reinsured, on an assumption basis, against substantially all of its policy liabilities, by Intact Insurance Company (“Intact Insurance”).
A copy of the proposed assumption reinsurance agreement will be available for inspection by the policyholders of CNS during regular business hours at the head office of CNS located at 700 University Avenue, Suite 1500-A, Toronto, Ontario M5G 0A1, for a period of 30 days following publication of this notice.
Any policyholder who wishes to obtain a copy of the proposed assumption reinsurance agreement may do so by writing to CNS at the above-noted address.
Toronto, October 12, 2024
Canadian Northern Shield Insurance Company
EQUITABLE BANK
RELOCATION OF DESIGNATED OFFICE FOR THE SERVICE OF ENFORCEMENT NOTICES
Notice is hereby given, in compliance with the Support Orders and Support Provisions (Banks and Authorized Foreign Banks) Regulations made under the Bank Act (Canada), that the office designated by Equitable Bank for the purposes of service of enforcement notices in the province of Alberta has moved to 909 11th Avenue SW, Suite 1300, Calgary, Alberta T2R 0E7.
October 5, 2024
Equitable Bank