Canada Gazette, Part I, Volume 158, Number 42: MISCELLANEOUS NOTICES

October 19, 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

  1. 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;
  2. 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;
  3. The Company’s Chief Financial Officer shall determine the amount of any such reduction of stated capital within the Authorized Limit; and
  4. 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

EMPLOYERS REASSURANCE CORPORATION, carrying on business in Canada as a branch

ASSUMPTION REINSURANCE AGREEMENT

Notice is hereby given, pursuant to paragraph 587.1(2)(b) of the Insurance Companies Act (Canada), that Employers Reassurance Corporation (“ERAC”), carrying on business in Canada as a branch, intends to make an application to the Superintendent of Financial Institutions (Canada), on or after November 19, 2024, for approval to cause itself to be reinsured, on an assumption basis, by Munich Reinsurance Company Canadian Branch, against all risks undertaken by ERAC’s Canadian branch in respect of its life, critical illness and disability reinsurance treaties in Canada.

A copy of the proposed assumption reinsurance agreement and the report of the independent actuary will be available for inspection by the treaty holders of ERAC at ERAC’s chief agency located at 77 King Street West, Suite 400, Toronto, Ontario M5K 0A1 during regular business hours for a period of 30 days following publication of this notice.

A copy of the proposed assumption reinsurance agreement will be provided to a treaty holder upon written request.

Toronto, October 19, 2024

Employers Reassurance Corporation

By its solicitors

Stikeman Elliott LLP

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

NATIONAL BANK OF CANADA CANADIAN WESTERN BANK

LETTERS PATENT OF AMALGAMATION

Notice is hereby given, pursuant to the provisions of section 228 of the Bank Act (Canada), that National Bank of Canada (“NBC”) and Canadian Western Bank (“CWB”) [together, the “Applicants”] intend to make a joint application to the Minister of Finance for letters patent of amalgamation continuing the Applicants as one bank under the name “National Bank of Canada” in English and “Banque Nationale du Canada” in French. The head office of the amalgamated bank would be located in Montréal, Quebec. The application for letters patent of amalgamation is conditional on NBC receiving the required regulatory approvals for acquiring the shares of CWB (“Proposed Acquisition”).

The proposed amalgamation will take effect after the completion of the Proposed Acquisition. The effective date of the proposed amalgamation will be the date fixed by the letters patent of amalgamation. If the Proposed Acquisition is not completed, the Applicants will not amalgamate.

Note: The publication of this notice should not be construed as evidence that letters patent will be issued. The granting of the letters patent will be dependent on the normal Bank Act (Canada) application review process and the discretion of the Minister of Finance.

October 19, 2024

National Bank of Canada

Canadian Western Bank