Canada Gazette, Part I, Volume 158, Number 49: MISCELLANEOUS NOTICES
December 7, 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
CHANG HWA COMMERCIAL BANK, LTD.
APPLICATION TO ESTABLISH A FOREIGN BANK BRANCH
Notice is given pursuant to subsection 525(2) of the Bank Act (Canada) that Chang Hwa Commercial Bank, Ltd., a foreign bank with its head office in Taipei, Taiwan, 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 Chang Hwa Commercial Bank, Ltd., Toronto Branch, in English, and Banque commerciale Chang Hwa Ltée, succursale de Toronto, in French. 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 January 20, 2025.
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).
November 30, 2024
Chang Hwa Commercial Bank, Ltd.
GREEN SHIELD CANADA
VOLUNTARY LIQUIDATION AND DISSOLUTION
Notice is hereby given, in accordance with subsection 383(4) of the Insurance Companies Act (Canada), that on November 12, 2024, the Minister of Finance (Canada) approved the application of Green Shield Canada (“GSC”) for letters patent dissolving GSC. GSC proposed to enter into certain transactions involving the transfer of its business, including the transfer of its prepayment plans, to Green Shield Canada Insurance pursuant to an assumption reinsurance agreement. GSC’s remaining property will be distributed to Green Shield Association.
November 15, 2024
Green Shield Canada