Canada Gazette, Part I, Volume 150, Number 35: MISCELLANEOUS NOTICES
August 27, 2016
BOFA CANADA BANK
BANK OF AMERICA CANADA
CERTIFICATE OF CONTINUANCE AND VOLUNTARY LIQUIDATION AND DISSOLUTION
Notice is hereby given pursuant to subsection 39.1(2) of the Bank Act (Canada) [the “Act”] that BofA Canada Bank, a bank incorporated under the Act, intends to apply to the Minister of Finance on or after August 27, 2016, for approval to apply for a certificate of continuance continuing BofA Canada Bank as a corporation under the Canada Business Corporations Act.
Notice is also hereby given, in accordance with subsection 345(4) of the Act, that the Secretary of State (International Financial Institutions), on behalf of the Minister of Finance, pursuant to subsection 345(2) of the Act, effective January 1, 2002, has approved the application by Bank of America Canada for letters patent of dissolution, and it is the intention of Bank of America Canada to apply for such letters patent of dissolution on or after August 27, 2016.
Toronto, August 5, 2016
BofA Canada Bank
Bank of America Canada
[32-4-o]
CONCENTRA FINANCIAL SERVICES ASSOCIATION
LETTERS PATENT OF CONTINUANCE
Notice is hereby given, pursuant to subsection 34(1) of the Bank Act (Canada) [the “BA”], that subject to approval by special resolution of its members and shareholders, Concentra Financial Services Association (the “Association”), an association governed by the Cooperative Credit Associations Act (Canada) [the “Act”], intends to file with the Superintendent of Financial Institutions, on or after September 28, 2016, an application for the Minister of Finance to issue letters patent continuing the Association as a bank pursuant to the BA, under the name Concentra Bank in the English form and Banque Concentra in the French form. Its head office will be located in Saskatoon, Saskatchewan. The board of directors of the Association may, however, without further approval of the members and shareholders, withdraw the application for continuance before it is acted on, in accordance with subsection 32(3) of the Act.
Any person who objects to the proposed continuance 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 27, 2016.
Note: The publication of this Notice should not be construed as evidence that letters patent will be issued to continue the Association as a bank. The granting of the letters patent will be dependent upon the normal BA application review process and the discretion of the Minister of Finance.
Saskatoon, August 6, 2016
Concentra Financial Services Association[32-4-o]
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 LimitedNote: 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.
[34-4-o]
NORTHBRIDGE COMMERCIAL INSURANCE CORPORATION
REDUCTION OF STATED CAPITAL
In accordance with subsection 79(5) of the Insurance Companies Act (Canada), notice is hereby given of the intention of Northbridge Commercial Insurance Corporation (the “Corporation”), having its head office in Toronto, Ontario, Canada, to apply to the Superintendent of Financial Institutions (Canada) for approval to reduce the stated capital of the Corporation pursuant to special resolutions adopted by the sole shareholder of the Corporation on July 25, 2016, which read as follows:
“BE IT RESOLVED:
- Subject to the written approval of the Superintendent of Financial Institutions (Canada) [the “Superintendent”], the Company is authorized to reduce the stated capital account for the common shares of the Corporation to One Dollar ($1.00), without any return of capital to the shareholders;
- The stated capital account for the common shares of the Corporation shall be adjusted to reflect such reduction;
- Any single director or officer of the Corporation is authorized and directed to do all things and execute all instruments, documents and other writings as in such person's opinion may be necessary or desirable to carry out the foregoing including, without limitation, the publication in the Canada Gazette of a notice of intention to apply for approval to reduce the stated capital of the Corporation along with this special resolution and the making of an application for the approval of the Superintendent within three months after the time of the passing of this special resolution; and
- Northbridge Financial Corporation has no reasonable grounds for believing, and understands that the Corporation, after due enquiry, has no reasonable grounds for believing that the Corporation is, or the reduction would cause the Corporation to be, in contravention of subsection 515(1), any regulation made under subsection 515(2) or any order made under subsection 515(3) of the Insurance Companies Act (Canada).”
Note: The publication of this notice should not be construed as evidence that approval will be issued for the reduction of capital. The granting of the approval will be dependent upon the normal Insurance Companies Act (Canada) review process and the discretion of the Superintendent of Financial Institutions.
August 16, 2016
Paula Sawyers
Corporate Secretary
[35-1-o]