Regulatory Impact Analysis (Demutualization): Non-mutual Policyholders Conversion Regulations

Date:

REGULATORY IMPACT ANALYSIS STATEMENT
For the Regulatory Impact Analysis Statement, see Mutual Property and Casualty Insurance Company Having Only Mutual Policyholders Conversion Regulations.

PROPOSED REGULATORY TEXT
Notice is given that the Governor in Council, pursuant to subsections 237(2) to (3) (see footnote a) and section 1021 (see footnote b) of the Insurance Companies Act (see footnote c), proposes to make the annexed Mutual Property and Casualty Insurance Company with Non-mutual Policyholders Conversion Regulations.

Interested persons may make representations concerning the proposed Regulations within 30 days after the date of publication of this notice. All such representations must cite the Canada Gazette, Part I, and the date of publication of this notice, and be addressed to Glenn Campbell, Director, Financial Institutions Division, Department of Finance, 90 Elgin Street, 13th Floor, Ottawa, Ontario K1A 0G5 (tel.: 613-369-3945; fax: 613-369-3894; email: finlegis@fin.gc.ca).

Ottawa, February 19, 2015

Read full text here.

Canada Gazette  – FEB 28, 2015

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