Canada Gazette, Part I, Volume 153, Number 52: MISCELLANEOUS NOTICES
December 28, 2019
CANADA GUARANTY FINANCIAL CORPORATION
APPLICATION TO ESTABLISH AN INSURANCE COMPANY
Notice is hereby given, pursuant to subsection 25(2) of the Insurance Companies Act (Canada), that Canada Guaranty Financial Corporation intends to apply to the Minister of Finance for letters patent to incorporate a mortgage insurance company. The proposed mortgage insurance company will carry on business in Canada under the name “CG Plus Mortgage Insurance Company” in English and “Société d’assurance hypothécaire CG Plus” in French. Its head office will be located in Toronto, Ontario.
The proposed mortgage insurance company intends to engage in residential mortgage default insurance 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 February 17, 2020.
Note: The publication of this notice should not be construed as evidence that letters patent will be issued to incorporate the mortgage 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.
December 28, 2019
Canada Guaranty Financial Corporation