Canada Gazette, Part I, Volume 160, Number 25: MISCELLANEOUS NOTICES
GUARANTEED FUNERAL DEPOSITS OF CANADA (FRATERNAL)
Summary
Guaranteed Funeral Deposits of Canada (Fraternal) says it intends to apply to create a trust company called “GFD Trust” / “Fiducie GFD” with its head office in Oakville, Ontario. The trust would offer services aimed at the Canadian bereavement (funeral) sector. This is a notice of intent; objections can be sent to the regulator by August 4, 2026, and approval is not guaranteed.
What it does
This notice tells the public that the organization plans to apply for letters patent to incorporate a trust company. The planned company would operate in Canada under the names GFD Trust and Fiducie GFD and offer trust products and services geared toward the funeral/bereavement sector. The application will be reviewed by the federal regulator and the Minister of Finance before any approval is given.
Who it affects
People and organizations tied to funeral and bereavement services: consumers who prepay funerals or hold funeral deposits, funeral homes and cemeteries, and groups that manage funeral-related funds. The applicant’s members or affiliates may also be affected. Federal regulators and financial services providers could be involved. Exact impacts are unclear until the application is reviewed and approved.
Why it matters
If approved, a new trust company focused on funeral deposits could change where and how funeral money is held and managed. That could affect options for people who prepay funerals and for businesses that handle those deposits. Because this is an application, the details and any consumer protections are not yet final.
Key dates
- Published
- June 20, 2026
- Comment deadline
- August 4, 2026
- Effective date
- Unclear
Source: Canada Gazette