Canada Gazette, Part I, Volume 160, Number 26: MISCELLANEOUS NOTICES
GUARANTEED FUNERAL DEPOSITS OF CANADA (FRATERNAL)
Summary
Guaranteed Funeral Deposits of Canada (Fraternal) says it will apply to create a trust company called GFD Trust (Fiducie GFD) with its head office in Oakville, Ontario. The new company would offer trust services aimed at the bereavement (funeral) sector, and the public can object to the plan by August 4, 2026.
What it does
This is a notice that an organization intends to apply for letters patent to incorporate a trust company. The proposed business would operate in Canada under the names GFD Trust (English) and Fiducie GFD (French) and provide trust products and services specifically for the bereavement or funeral sector. The notice is part of the review process and does not mean the trust company will automatically be approved.
Who it affects
Funeral homes and other businesses in the bereavement sector; people who prepay or deposit money for funeral arrangements; members or clients of Guaranteed Funeral Deposits of Canada (Fraternal); regulators and anyone with an interest in where funeral-related trust funds are held. (If you want to object, the Office of the Superintendent of Financial Institutions accepts written objections.)
Why it matters
A new trust company focused on funerals could change how funeral deposits and prepaid plans are managed. That could affect where and how people’s prepayments are held, how funeral businesses handle client funds, and the options available for families planning or paying for funerals. The notice also gives the public a chance to raise concerns before a decision is made.
Key dates
- Published
- June 27, 2026
- Comment deadline
- August 4, 2026
- Effective date
- Unclear
Source: Canada Gazette