Vol. 150, No. 37 — September 10, 2016
CITI TRUST COMPANY CANADA
CERTIFICATE OF CONTINUANCE
Notice is hereby given, in accordance with subsection 38(2) of the Trust and Loan Companies Act (Canada) [the “TLCA”], that Citi Trust Company Canada (the “Company”) intends to apply to the Minister of Finance, on or after September 26, 2016, for approval to apply under the Canada Business Corporations Act (the “CBCA”) for a certificate of continuance as a corporation under the CBCA.
September 3, 2016
Citi Trust Company Canada
MERIDIAN CREDIT UNION LIMITED
APPLICATION TO ESTABLISH A BANK
Notice is hereby given, pursuant to subsection 25(2) of the Bank Act (Canada), that Meridian Credit Union Limited, incorporated under the Credit Unions and Caisses Populaires Act, 1994 (Ontario) with its head office in St. Catharines, Ontario, intends to apply to the Minister of Finance (Canada) 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 legal names “Meridian Bank” in the English form and “Banque Meridian” in the French form. The bank will offer a range of banking products and services to consumers across Canada, and its head office will be located in Toronto, Ontario.
Any person who objects to the proposed incorporation 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 October 10, 2016.
Toronto, August 20, 2016
Meridian Credit Union Limited
Note: The publication of this notice should not be construed as evidence that letters patent will be issued to incorporate the proposed 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.
SUMITOMO MITSUI BANKING CORPORATION OF CANADA
REDUCTION OF STATED CAPITAL
As required under subsection 75(5) of the Bank Act, notice is given that Sumitomo Mitsui Banking Corporation of Canada (the Bank) intends to apply to the Superintendent of Financial Institutions for approval to reduce the stated capital of the common shares of the Bank in accordance with the special resolution passed by the sole shareholder of the Bank on August 30, 2016, a copy of which is set out below.
“RESOLVED AS A SPECIAL RESOLUTION THAT:
- Subject to (i) the completion of the sale of all or substantially all of the assets of the Bank to Sumitomo Mitsui Banking Corporation in compliance with the regulatory approvals required for such sale, and (ii) the approval of the Superintendent of Financial Institutions (Canada) pursuant to section 75 of the Bank Act (Canada), the stated capital account maintained for the common shares of the Bank be reduced in accordance with section 75 of the Bank Act (Canada) by an amount of up to Can$344,000,000 (the Authorized Limit) by distributing such amount to the sole shareholder of the Bank;
- The directors and officers of the Bank are authorized and directed to apply under section 75 of the Bank Act (Canada) for approval of this resolution and such reduction of stated capital;
- The Bank may effect one or more reductions of stated capital within the Authorized Limit and the Bank’s Chief Executive Officer shall determine the amount and timing of each such reduction; and
- Any officer or director of the Bank is authorized and directed, for and on behalf of the Bank, 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.”
Toronto, September 10, 2016
Sumitomo Mitsui Banking Corporation of Canada
WILTON RE (CANADA) LIMITED
APPLICATION TO ESTABLISH A CANADIAN BRANCH
Notice is hereby given that Wilton Re (Canada) Limited, an entity incorporated in Bermuda, intends to file with the Superintendent of Financial Institutions, under section 574 of the Insurance Companies Act (Canada), on or after October 2, 2016, an application for an order approving the insuring in Canada of risks under the class of life insurance limited to the business of reinsurance. The proposed branch will carry on business in Canada under the name Wilton Re (Canada) Limited, in English, and Wilton Re (Canada) Limitee, in French.
The head office of Wilton Re (Canada) Limited is located in Hamilton, Bermuda, and its Canadian chief agency will be located in Toronto, Ontario.
September 10, 2016
Wilton Re (Canada) Limited