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The rules and policies by which Canadian insurance companies are regulated are extensive and continually changing.
It is therefore important to be able to find and navigate through all of the current sources of regulation.
(1)The auditor's report referred to in section 274 of the Act shall be prepared in accordance with the standards of the Chartered Professional Accountants of Canada set out in the CPA Canada Handbook including any amendments to it.
Notwithstanding subsection (1) the auditor's report of a reporting issuer referred to in section 274 of the Act may be prepared in accordance with other standards as may be permitted in the rules made under section 144.1 of the Securities Act.
A form of proxy may confer authority with respect to matters for which a choice is not provided in accordance with subsection (5) if the form of proxy, the management proxy circular or the dissident's proxy circular stated in bold-face type how the proxyholder will vote the shares in respect of each matter or group of related matters.
A form of proxy shall provide a means for the shareholder to specify that the shares registered in his or her name shall be voted or withheld from voting in respect of the appointment of an auditor or the election of directors.
This affordable handbook serves as the perfect reference to the relevant rules and policies. D., is a partner in Mc Carthy Tetrault LLP's Financial Services Group in Toronto.
For the purpose of paragraph 404(f) of the Act, a corporate name is prohibited where the name connotes that the corporation is sponsored or controlled by or is affiliated with the Government of Canada, the government of a province, the government of a country other than Canada, or a political subdivision or agency of any government, or a federal or provincial Crown corporation, or the United Nations, unless the appropriate government, polical, political subdivision, agency or Crown corporation consents in writing to the use of the name.
For the purpose of paragraph 404(f) of the Act, a corporate name is prohibited where the name connotes that the corporation carries on the business of a bank, loan company, insurance company, trust company, other financial intermediary or a stock exchange that is regulated by a law of Canada or a province unless the appropriate government department or agency consents in writing to the use of the name.
A form of proxy, a management proxy circular or a dissident's proxy circular shall state that the shares represented by the proxy will be voted or withheld from voting on a ballot that may be called for and that, if the shareholder specifies a choice under subsection (5) or (7) with respect to a matter to be acted upon, the shares shall be voted accordingly.
the person by or on whose behalf the solicitation is made is not aware within a reasonable time before the solicitation that the amendments or other matters are to be presented for action at the meeting; and A form of proxy shall not confer authority to vote in respect of the appointment of an auditor or the election of a director unless a genuine proposed nominee for the appointment or election is named in the form of proxy, a management proxy circular, a dissident's proxy circular or a proposal under sections 224 to 232 of the Act.