Canada Gazette, Part I, Volume 157, Number 4: MISCELLANEOUS NOTICES

January 28, 2023

CIBC MELLON TRUST COMPANY
CIBC MELLON GLOBAL SECURITIES SERVICES COMPANY

LETTERS PATENT OF AMALGAMATION

Notice is hereby given, in accordance with paragraph 233(2)(a) of the Trust and Loan Companies Act (Canada), that CIBC Mellon Trust Company and CIBC Mellon Global Securities Services Company intend to make a joint application to the Minister of Finance, on or after January 28, 2023, for the issuance under the Trust and Loan Companies Act (Canada) of letters patent of amalgamation, pursuant to section 228 of the Trust and Loan Companies Act (Canada), continuing CIBC Mellon Trust Company and CIBC Mellon Global Securities Services Company as one company under the name of CIBC Mellon Trust Company and, in French, Compagnie Trust CIBC Mellon.

The expected effective date of the proposed amalgamation is November 1, 2023. The head office of CIBC Mellon Trust Company would be situated in Toronto, Ontario, Canada.

Toronto, January 28, 2023

CIBC Mellon Trust Company

CIBC Mellon Global Securities Services Company

CITIBANK CANADA

REDUCTION OF STATED CAPITAL

As required under subsection 75(5) of the Bank Act (Canada), notice is hereby given that Citibank 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 January 19, 2023, a copy of which is set out below.

“RESOLVED AS A SPECIAL RESOLUTION that

  1. Subject to 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 Citibank Canada (the “Bank”) be reduced in accordance with section 75 of the Bank Act (Canada) by an amount of up to Can$425,000,000 (the “Authorized Limit”) by distributing such amount to the sole shareholder of the Bank by March 31, 2023, or such later date as is approved by the Superintendent;
  2. The directors and officers of the Bank are hereby authorized and directed to apply under section 75 of the Bank Act (Canada) for approval of this resolution and such reduction of stated capital;
  3. The Bank may effect a reduction of stated capital within the Authorized Limit and the Chief Executive Officer of the Bank, in consultation with the Management of the Bank, shall determine the amount and timing of such reduction; and
  4. 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, January 28, 2023

Citibank Canada

DEFINITY FINANCIAL CORPORATION

CERTIFICATE OF CONTINUANCE

Notice is hereby given, in accordance with paragraph 39(3)(a) of the Insurance Companies Act (Canada) [the “ICA”], that Definity Financial Corporation (the “Company”) intends to apply to the Minister of Finance, on or after February 6, 2023, for approval to apply under the Canada Business Corporations Act (the “CBCA”) for a certificate of continuance as a corporation under the CBCA.

Note: The publication of this notice should not be construed as evidence that the approval will be issued. The granting of such approval will be dependent upon the normal ICA review process and the discretion of the Minister of Finance.

January 7, 2023

Definity Financial Corporation

SOLUS TRUST COMPANY LIMITED
RAYMOND JAMES TRUST (CANADA) AND SOLUS TRUST COMPANY LIMITED

LETTERS PATENT OF CONTINUANCE
LETTERS PATENT OF AMALGAMATION

Notice is hereby given that Solus Trust Company Limited (“Solus”), on November 16, 2022, filed an application with the Superintendent of Financial Institutions, pursuant to subsection 31(2) of the Trust and Loan Companies Act (Canada) [the “TLCA”] to request that, conditional on the acquisition of all the shares of Solus by Raymond James Trust (Canada) [“RJTC”], the Minister of Finance issue letters patent of continuance to continue Solus as a federally incorporated, non-deposit taking trust company. The continued company will be named Solus Trust Company Limited (“STCL”) in English and Compagnie Trust Solus Limitée in French. Solus is currently controlled by Messrs. John Blackmer and Mark Oldham; however it is intended that Solus will become a wholly owned subsidiary of RJTC immediately pre-continuance. Solus is currently incorporated pursuant to the Financial Institutions Act (British Columbia [“B.C.”]) [the “BCFIA”]; its head office is in Vancouver, B.C. STCL, post-continuance, will be non-deposit taking, and will offer estate and trust services to its clients in B.C.

Notice is also hereby given that RJTC and Solus, on November 16, 2022, jointly filed an application with the Superintendent of Financial Institutions pursuant to sections 228 and 233 of the TLCA, to request that the Minister of Finance issue letters patent of amalgamation to amalgamate STCL and RJTC, with the resulting entity initially being named Raymond James Trust (Canada) in English and Fiducie Raymond James (Canada) in French, and then subsequently changing its name to Solus Trust Company in English and Compagnie Trust Solus in French. RJTC is a federally incorporated trust company pursuant to the TLCA, with its head office in Toronto, Ontario. The amalgamated company is, and will continue to be, a non-deposit taking trust company, offering estate and trust services to its clients across Canada. Its head office will remain in Toronto, Ontario.

Any person who objects to the issuance of these letters patent may submit their objection in writing by March 7, 2023, to the Office of the Superintendent of Financial Institutions, either by post at 255 Albert Street, Ottawa, Ontario K1A 0H2 or by email at approvals-approbations@osfi-bsif.gc.ca.

Note: The publication of this notice should not be construed as evidence that letters patent will be issued to continue the company as a trust company under the TLCA. The granting of the letters patent will be dependent upon the application review process under the TLCA and the discretion of the Minister of Finance.

January 9, 2023

Jennifer Hodgson
President and CEO
Raymond James Trust (Canada)

John Blackmer
President and CEO
Solus Trust Company Limited