Canada Gazette, Part I, Volume 159, Number 29: MISCELLANEOUS NOTICES
July 19, 2025
BMO LIFE INSURANCE COMPANY
BMO LIFE ASSURANCE COMPANY
LETTERS PATENT OF AMALGAMATION
Notice is hereby given, pursuant to the provisions of section 250 of the Insurance Companies Act (Canada), that BMO Life Insurance Company and BMO Life Assurance Company (together, the “Applicants”) intend to make a joint application to the Minister of Finance, on or after July 28, 2025, for letters patent of amalgamation continuing the Applicants as one company under the name “BMO Life Assurance Company” in English and “BMO Société d’assurance-vie” in French. The head office of the amalgamated company would be located in Toronto, Ontario.
The effective date of the proposed amalgamation would be November 1, 2025, or any other date fixed by the letters patent of amalgamation.
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 upon the normal Insurance Companies Act (Canada) application review process and the discretion of the Minister of Finance.
June 28, 2025
BMO Life Insurance Company
BMO Life Assurance Company
COAST CAPITAL SAVINGS FEDERAL CREDIT UNION
PROSPERA CREDIT UNION
SUNSHINE COAST CREDIT UNION
LETTERS PATENT OF CONTINUANCE AND LETTERS PATENT OF AMALGAMATION
Notice is hereby given, pursuant to subsection 25(2) and paragraph 228(2)(a) of the Bank Act (Canada), that on or after August 18, 2025
- Prospera Credit Union (“Prospera”) and Sunshine Coast Credit Union (“Sunshine Coast”), each incorporated under the Credit Union Incorporation Act (British Columbia), each intends to file with the Superintendent of Financial Institutions applications for the Minister of Finance to issue letters patent continuing Prospera and Sunshine Coast as federal credit unions for the purpose of amalgamating with Coast Capital Savings Federal Credit Union (“Coast Capital”) immediately thereafter; and
- Coast Capital, Prospera and Sunshine Coast (the “Applicants”) intend to make a joint application to the Minister of Finance for letters patent of amalgamation continuing the Applicants as one federal credit union.
The proposed amalgamated federal credit union will operate under the name of Coast Capital Savings Federal Credit Union in English and Coopérative de crédit fédérale Coast Capital Savings in French. Its head office will be located in Surrey, British Columbia. It will offer a full range of banking services to individuals and businesses.
The proposed amalgamation will take effect immediately after the completion of the continuances of Prospera and Sunshine Coast. The effective date of the continuances of Prospera and Sunshine Coast and the effective date of the proposed amalgamation will be the date fixed by the letters patent of continuance and the letters patent of amalgamation. If the continuances of both Prospera and Sunshine Coast are not completed, the Applicants will not amalgamate. If the continuances of one of Prospera and Sunshine Coast, but not both, are not completed, the amalgamation will proceed among Coast Capital and the party whose continuance has been completed.
Any person who objects to the proposed continuances of Prospera and Sunshine Coast for the purposes of amalgamation or the proposed amalgamation of Coast Capital, Prospera and Sunshine Coast 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 September 16, 2025.
Note: The publication of this notice should not be construed as evidence of the issue of letters patent. The granting of letters patent will be dependent upon the normal application review process under the Bank Act (Canada)and the discretion of the Minister of Finance.
Coast Capital Savings Federal Credit Union
Prospera Credit Union
Sunshine Coast Credit Union
FIDUCIARY 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 Fiduciary 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 June 13, 2025, a copy of which is set out below.
- “RESOLVED AS A SPECIAL RESOLUTION THAT
- Subject to the approval of the Superintendent of Financial Institutions (Canada), 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 $22.0 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, or equivalent, 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, June 13, 2025
Fiduciary Trust Company of Canada
GLEN MILLER, LIMITED PARTNERSHIP
DOMINION WATER-POWER APPLICATION
Glen Miller, Limited Partnership hereby gives notice that on April 30, 2025, an application was filed with the Director of Waterpower, Parks Canada Agency, under the Dominion Water Power Act, for the issuance of one replacement licence to continue to operate the existing power development located at or near: Glen Miller, located along the Trent Severn Waterway National Historic Site, at Lock 14.
Under the Dominion Water Power Act, interested parties are encouraged to provide comments or objections in writing within 30 days following the publication of this notice to the Director of Waterpower, Parks Canada Agency, by email to forceshydrauliques-dirwaterpower@pc.gc.ca or by regular mail to the Director of Water Power, Parks Canada Agency, 2155 Ashburnham Drive, Peterborough, Ontario K9L 1P8.
July 10, 2025
MOTUS BANK
TRANSFER OF BUSINESS AND CERTIFICATE OF CONTINUANCE
Notice is hereby given, in accordance with subsection 236(2) of the Bank Act (Canada) [the “Act”], that Motus Bank (“Motus”) intends to make an application to the Minister of Finance (the “Minister”), on or after July 28, 2025, for approval to sell substantially all of its assets to Coast Capital Savings Federal Credit Union (“Coast”), pursuant to the terms of an agreement entered into between Motus and Coast on March 21, 2025. The head office of Motus is situated in Toronto, Ontario, and the head office of Coast is situated in Surrey, British Columbia.
Notice is also hereby given, in accordance with subsection 39.1(2) of the Act, that Motus intends to apply to the Minister of Finance, on or after July 28, 2025, for approval to apply under the Canada Business Corporations Act (the “CBCA”) for a certificate of continuance as a corporation under the CBCA. The board of directors of Motus may, however, without further approval of the sole shareholder of Motus, withdraw the application for continuance before it is acted on, in accordance with subsection 39.1(3) of the Act.
Note: The publication of this notice should not be construed as evidence that the approvals will be issued. The granting of such approvals will be dependent upon the normal review process and the discretion of the Minister.
Toronto, July 5, 2025
Motus Bank