Canada Gazette, Part I, Volume 152, Number 34: MISCELLANEOUS NOTICES
August 25, 2018
APPLICATION TO ESTABLISH AN INSURANCE COMPANY
Notice is hereby given, pursuant to subsection 25(2) of the Insurance Companies Act (Canada), that Air Canada intends to apply to the Minister of Finance for letters patent to incorporate a life insurance company. The proposed life insurance company will carry on business in Canada under the name AC Life Insurance Company / AC compagnie d’assurance-vie and its head office will be located in Montréal, Quebec.
The proposed life insurance company intends to engage in the reinsurance of pension risks related to Air Canada’s pension plans and related activities.
Any person who objects to the issuance of these letters patent 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 1, 2018.
Note: The publication of this notice should not be construed as evidence that letters patent will be issued to incorporate the life insurance company. The granting of the letters patent will be dependent upon the normal Insurance Companies Act (Canada) application review process and the discretion of the Minister of Finance.
August 11, 2018