Canada Gazette, Part I, Volume 158, Number 44: MISCELLANEOUS NOTICES
November 2, 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
E.SUN COMMERCIAL BANK, LTD.
APPLICATION TO ESTABLISH A FOREIGN BANK BRANCH
Notice is given pursuant to subsection 525(2) of the Bank Act (Canada) that E.SUN Commercial Bank, Ltd., a foreign bank with its head office in Taipei City in Taiwan (Republic of China), and a wholly owned subsidiary of E.SUN Financial Holding Company, Ltd., intends to apply to the Minister of Finance (Canada) for an order permitting it to establish a full-service branch in Canada to carry on the business of banking in Canada. The branch will carry on business under the name E.SUN Commercial Bank, Ltd. Its principal office will be located in Toronto, Ontario.
Any person who objects to the proposed order may submit an objection in writing to the Office of the Superintendent of Financial Institutions (Canada), 255 Albert Street, Ottawa, Ontario K1A 0H2, on or before December 16, 2024.
The publication of this notice should not be construed as evidence that an order will be issued to establish the foreign bank branch. The granting of the order will be dependent on the normal Bank Act (Canada) application review process and the discretion of the Minister of Finance (Canada).
October 26, 2024
E.SUN Commercial Bank, Ltd.
By its solicitors
Fasken Martineau DuMoulin LLP
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