Part INoticeVolume 159, Number 13Published: March 29, 2025
Gore Mutual seeks continuation in Quebec
Canada Gazette, Part I, Volume 159, Number 13: PARLIAMENT
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Key facts
- Published
- March 29, 2025
- Comment deadline
- Unclear
- Effective date
- Unclear
Summary#
Gore Mutual Insurance Company says it will ask Parliament of Canada for a private Act that would let it seek to be continued as a corporation under the laws of the Province of Quebec. The notice, published March 29, 2025, was signed March 15, 2025 by Sonya Stark, the company's corporate secretary. The company is currently incorporated under the Insurance Companies Act and has its main office in the City of Cambridge, Province of Ontario.
What it does#
- Announces that Gore Mutual Insurance Company will apply to Parliament of Canada for a private Act.
- The private Act would authorize the company to apply to be continued as a body corporate under the laws of the Province of Quebec.
- The notice also says the company is currently incorporated under the Insurance Companies Act and based in the City of Cambridge, Province of Ontario.
- The application can be made during the current parliamentary session or within either of the next two sessions (the notice does not give a specific target date for the application).
Who's affected#
- Primarily Gore Mutual Insurance Company itself.
- The notice does not name other parties, so it is unclear from this notice alone which customers, policyholders, employees, regulators, or contractors might be affected if the change goes ahead.
Why it matters#
- Moving a corporation’s legal home from federal incorporation under the Insurance Companies Act to provincial law can change which rules and regulators apply.
- This could affect how the company is supervised, where legal matters are decided, or what provincial rules govern its operations — but the notice does not say what specific changes would follow or when they would take effect.
- For now, this is an announcement of intent, not a completed change.
Key topics
Insurance Companies ActICAPrivate Actcontinuation as a body corporateGore Mutual Insurance CompanyParliament of CanadaProvince of QuebecCity of CambridgeOntarioinsurance companiesinsurance regulationcorporate lawpolicyholders
Source: Canada Gazette