Fiduciary Trust Amalgamation Notice

Summary#

This notice says that Fiduciary Trust Company of Canada and 17440961 Canada Inc. plan to apply for letters patent of amalgamation so the two firms would continue as one company called Fiduciary Trust Company of Canada (French name also given). The notice was published in the Canada Gazette on January 17, 2026 and is conditional on regulatory approval of a proposed change in control.

What it does#

• Announces a joint application for letters patent of amalgamation under the Trust and Loan Companies Act (Canada).
• States the merged company would be named Fiduciary Trust Company of Canada (English) and “La Société Fiduciary Trust du Canada” (French).
• Says the head office of the combined company would be in Mississauga, Ontario.
• Makes clear the amalgamation is conditional on 17440961 Canada Inc. receiving the regulatory approvals needed to acquire control of Fiduciary Trust Company of Canada (the “Proposed Acquisition”).
• Says the amalgamation would take effect only after the Proposed Acquisition is completed and on the date fixed by the letters patent.
• Notes that publication of the notice is not proof the letters patent will be issued; the Minister of Finance must still approve the application.

Who's affected#

• Customers and clients of Fiduciary Trust Company of Canada who use its trust and fiduciary services.
• Employees and managers of both companies, if the change in ownership goes ahead.
• Regulators and anyone tracking changes in control of federally regulated trust companies.
• Shareholders or owners of 17440961 Canada Inc. could be affected, depending on the outcome of the Proposed Acquisition.
• It is not clear from the notice whether other third parties (for example, existing service providers or counterparties) will see immediate changes.

Why it matters#

• A change in control and an eventual amalgamation can affect who manages the trust company and who makes decisions about client accounts and services.
• For clients, this could lead to changes in contact points, policies, or service arrangements — though the notice does not describe any specific operational changes.
• Because the amalgamation is conditional on regulatory approval, nothing will change until regulators complete their reviews and approvals.