Canada Gazette, Part I, Volume 148, Number 46: MISCELLANEOUS NOTICES
November 15, 2014
CERTAS DIRECT INSURANCE COMPANY
REDUCTION OF STATED CAPITAL
In accordance with subsection 79(5) of the Insurance Companies Act (Canada), notice is hereby given of the intention of Certas Direct Insurance Company (the “Company”), having its head office in Lévis, Quebec, Canada, to apply to the Superintendent of Financial Institutions (Canada) for approval to reduce the stated capital of the Company pursuant to a special resolution adopted by the shareholders of the Company on November 4, 2014, which reads as follows:
- “IT IS RESOLVED:
- 1. Subject to the written approval of the Superintendent of Financial Institutions (Canada) [the “Superintendent”], to authorize Certas Direct Insurance Company (the “Company”) to reduce the stated capital account of its common shares by $37,000,000 and that such amount be reimbursed to Desjardins General Insurance Group Inc. and Groupe des Assurances du Crédit Mutuel S.A., as the holders of the common shares of the Company;
- 2. That the stated capital account for the common shares of the Company be adjusted to reflect such reduction;
- 3. That the Company, through its authorized officers, be authorized and directed to do all things and execute all instruments and documents necessary or desirable to carry out the foregoing including, without limitation, the publication in the Canada Gazette of a notice of intention to apply for approval to reduce the stated capital of the Company along with this special resolution and the making of an application for the approval of the Superintendent within three months after the time of the passing of this special resolution; and
- 4. That Desjardins General Insurance Group Inc. and Groupe des Assurances du Crédit Mutuel S.A. have no reasonable grounds for believing, and understand that the Company, after due enquiry, has no reasonable grounds for believing that the Company is, or the reduction would cause the Company to be, in contravention of subsection 515(1), any regulation made under subsection 515(2) or any order made under subsection 515(3) of the Insurance Companies Act (Canada).”
Note: The publication of this notice should not be construed as evidence that approval will be issued for the reduction of capital. The granting of the approval will be dependent upon the normal Insurance Companies Act (Canada) review process and the discretion of the Superintendent of Financial Institutions.
Lévis, November 4, 2014
NADINE LINDSAY
Corporate Secretary
[46-1-o]
GRANITE INSURANCE COMPANY
CERTIFICATE OF CONTINUANCE
Notice is hereby given, pursuant to subsection 39(3) of the Insurance Companies Act (Canada), that Granite Insurance Company (“Granite”) intends to apply to the Minister of Finance, on or after December 22, 2014, for approval in writing to apply under the Canada Business Corporations Act for a certificate of continuance under that Act.
Any person who objects to Granite's discontinuance under the Insurance Companies Act (Canada) may submit the objection in writing to the Superintendent of Financial Institutions, 255 Albert Street, Ottawa, Ontario K1A 0H2, on or before December 22, 2014.
Brampton, November 15, 2014
GRANITE INSURANCE COMPANY
[46-4-o]
HOME TRUST COMPANY
APPLICATION TO ESTABLISH A BANK
Notice is hereby given, pursuant to subsection 25(2) of the Bank Act (Canada), that Home Trust Company, a wholly owned subsidiary of Home Capital Group Inc., intends to apply to the Minister of Finance for letters patent incorporating a bank to carry on the business of banking in Canada.
The proposed bank will carry on business in Canada under the name of Home Trust Bank in English and Banque Home Trust in French, and its principal office will be located in Calgary, Alberta. It will offer a range of banking services, focusing on savings products, to consumers across Canada.
Any person who objects may submit an objection in writing to the Office of the Superintendent of Financial Institutions, 255 Albert Street, Ottawa, Ontario K1A 0H2, on or before December 30, 2014.
November 8, 2014
HOME TRUST COMPANY
NOTE: The publication of this notice should not be construed as evidence that letters patent will be issued to incorporate the bank. The granting of letters patent will be dependent upon the normal Bank Act application review process and the discretion of the Minister of Finance.
[45-4-o]
THE PERSONAL INSURANCE COMPANY
REDUCTION OF STATED CAPITAL
In accordance with subsection 79(5) of the Insurance Companies Act (Canada), notice is hereby given of the intention of The Personal Insurance Company (the “Company”), having its head office in Lévis, Quebec, Canada, to apply to the Superintendent of Financial Institutions (Canada) for approval to reduce the stated capital of the Company pursuant to a special resolution adopted by the shareholders of the Company on November 4, 2014, which reads as follows:
- “IT IS RESOLVED:
- 1. Subject to the written approval of the Superintendent of Financial Institutions (Canada) [the “Superintendent”], to authorize The Personal Insurance Company (the “Company”) to reduce the stated capital account of its common shares by $47,000,000 and that such amount be reimbursed to Desjardins General Insurance Group Inc. and Groupe des Assurances du Crédit Mutuel S.A., as the holders of the common shares of the Company;
- 2. That the stated capital account for the common shares of the Company be adjusted to reflect such reduction;
- 3. That the Company, through its authorized officers, be authorized and directed to do all things and execute all instruments and documents necessary or desirable to carry out the foregoing including, without limitation, the publication in the Canada Gazette of a notice of intention to apply for approval to reduce the stated capital of the Company along with this special resolution and the making of an application for the approval of the Superintendent within three months after the time of the passing of this special resolution; and
- 4. That Desjardins General Insurance Group Inc. and Groupe des Assurances du Crédit Mutuel S.A. have no reasonable grounds for believing, and understand that the Company, after due enquiry, has no reasonable grounds for believing that the Company is, or the reduction would cause the Company to be, in contravention of subsection 515(1), any regulation made under subsection 515(2) or any order made under subsection 515(3) of the Insurance Companies Act (Canada).”
Note: The publication of this notice should not be construed as evidence that approval will be issued for the reduction of capital. The granting of the approval will be dependent upon the normal Insurance Companies Act (Canada) review process and the discretion of the Superintendent of Financial Institutions.
Lévis, November 4, 2014
NADINE LINDSAY
Corporate Secretary
[46-1-o]