Ontario Gazette Volume 137 Issue 06 | February 7, 2004

Government Notices Respecting Corporations

Certificates of Dissolution

Notice Is Hereby Given that a certificate of dissolution under the Business Corporations Act, has been endorsed. The effective date of dissolution precedes the corporation listings.

B. G. Hawton,
Director, Companies and Personal Property
Security Branch
(137-G39)

Cancellations for Cause (Business Corporations Act)

Notice Is Hereby Given that by orders under section 240 of the Business Corporation Act, the certificates set out hereunder have been cancelled for cause and in the case of certificates of incorporation the corporations have been dissolved. The effective date of cancellation precedes the corporation listing.

B. G. Hawton,
Director, Companies and Personal Property
Security Branch
(137-G38)

Notice of Default in Complying with the Corporations Information Act

Notice Is Hereby Given under subsection 241(3) of the Business Corporations Act that unless the corporations listed hereunder comply with the filing requirements under the Corporations Information Act within 90 days of this notice orders dissolving the corporation(s) will be issued. The effective date precedes the corporation listings.

B. G. Hawton,
Director, Companies and Personal Property
Security Branch
(137-G37)

Notice of Default in Complying with the Corporations Tax Act

The Director has been notified by the Minister of Finance that the following corporations are in default in complying with the Corporations Tax Act.

Notice Is Hereby Given under subsection 241(1) of the Business Corporations Act, that unless the corporations listed hereunder comply with the requirements of the Corporations Tax Act within 90 days of this notice, orders will be made dissolving the defaulting corporations. All enquiries concerning this notice are to be directed to Ministry of Finance, Corporations Tax, 33 King Street West, Oshawa, Ontario L1H 8H6.

B. G. Hawton,
Director, Companies and Personal Property
Security Branch
(137-G40)

Erratum Notice

Ontario Gazette Vol. 136-28 dated July 12, 2003

Notice Is Hereby Given that the notice issued under Section 241(3)

of the Business Corporations Act set out in the Ontario Gazette of July 12, 2003 was published in error, and is null and void.

B. G. Hawton,
Director, Companies and Personal Property
Security Branch
(137-G42)

Cancellation of Certificates of Incorporation (Corporations Tax Act Defaulters)

Notice Is Hereby Given that, under subsection 241 (4) of the Business Corporations Act, the Certificates of Incorporation of the corporations named hereunder have been cancelled by an Order dated 12 January, 2004 for default in complying with the provisions of the Corporations Tax Act, and the said corporations have been dissolved on that date.

B. G. Hawton,
Director, Companies and Personal Property
Security Branch
(137-G41)

Public Guardian and Trustee

Certificate Of The Public Guardian And Trustee

(pursuant to s. 13.1 of the Public Guardian and Trustee Act, R.S.O 1990, c. P.51, as amended)

1. Effective January 1, 2004, interest shall be computed from the day on which the money was received by the Public Guardian and Trustee to the day before the date on which the money is available for payment to the person or trust entitled thereto and be added to each account and compounded at the end of each month;
   1. subject to subparagraphs (b) and (c) and paragraph 2 of this Certificate, on funds managed under the Mental Health Act, Substitute Decisions Act, Trustee Act, Victims’ Right to Proceeds of Crime Act, Ontario Disability Support Program Act, Powers of Attorney Act, Canada Pension Plan Act or other trust accepted by the Public Guardian and Trustee, at the rate of 3.00% per annum payable monthly and calculated on the closing daily balance;
   2. on funds managed under the Crown Administration of Estates Act, at the rate of 3.00% per annum payable monthly and calculated on the closing daily balance;
   3. on funds managed under the Cemeteries Act, at the rate of 3.00% per annum, payable monthly and calculated on the closing daily balance.
2. Effective January 1, 2004, funds managed by the Public Guardian and Trustee pursuant to the Escheats Act and funds transferred to the Unadministered Estates Account of the Public Guardian and Trustee shall bear interest at the rate of 0%.

3. 1. Effective January 1, 2004, interest shall be computed from the day on which money was received by the Accountant of the Superior Court of Justice to the day before the date on which the money is available for payment to the person entitled thereto and be added to each account and compounded at the end of each month.
   2. Money paid or transferred to the Accountant of the Superior Court of Justice bears interest on the closing daily balance,
      1. in the case of money required to be held in United States currency, at the rate of 1%;
      2. in the case of money deposited for the benefit of minors and parties under disability, at the rate of 3.00% per annum, payable monthly; and
      3. in the case of all other money, including litigants, at the rate of 3.00% per annum, payable monthly.

Dated this 29^th day of January, 2004

Deputy Public Guardian And
Trustee (A)
Cathy Winter

Approved by the Investment Advisory Committee pursuant to section 13.1 of the Public Guardian and Trustee Act, on January 29, 2004.

Robert Kay
Investment Advisory Committee
(137-G43)

Ministry of Finance

Policy Statement

The Automobile Insurance Rate Stabilization Act, 2003

A policy statement of the Ontario Government
January 23, 2004

Gregory Sorbara, Minister of Finance

Purpose

This policy statement is issued by the Minister of Finance pursuant to Section 12 of the Financial Services Commission of Ontario Act, 1997, which provides that:

Policy statements

12. 1. The Minister may issue policy statements on matters related to this Act or any other Act that confers powers on or assigns duties to the Commission or the Superintendent.

    When effective

    2. A policy statement takes effect on the day it is published in The Ontario Gazette.

    Effect of statements

    3. The Commission, the Superintendent and the Tribunal shall have regard to the policy statements in making decisions.

Background

Automobile insurance coverage is mandatory for Ontario drivers. This Government believes that auto insurance should be readily available and priced fairly.

Ontario continues to experience rising auto insurance rates. This Government has responded by enacting the Automobile Insurance Rate Stabilization Act, 2003 (the “Act”) which, together with recent and ongoing reforms to the auto insurance system in Ontario, is intended to bring the cost of auto insurance in Ontario under control.

The Act confers on the Superintendent of Financial Services the power and duty to reduce or otherwise vary an auto insurer’s rates so that they comply with the statutory standards set out in the Act. These standards include the requirement that an insurer’s rates be just and reasonable, and that they not be excessive in relation to the insurer’s financial circumstances.

The Act also confers on the Superintendent the power and duty to reject an auto insurer’s application for approval to charge rates that exceed the rates authorized by the Act unless such higher rates are just and reasonable and the Superintendent considers that it is in the public interest to approve such higher rates.

The purpose of this policy statement is to provide guidance and direction to the Superintendent concerning current government policy in relation to automobile insurance rates.

Policy

It is the policy of the Province of Ontario that:

1. Ontario auto insurance rates must remain fair and affordable;
2. Rising auto insurance rates must be brought under control;
3. Auto insurers must not be permitted to charge rates that do not comply with the relevant statutory standards set out in the Act in light of auto insurance reforms that have been and are being implemented by the Province with the effect of reducing costs to auto insurers by 10 per cent.

For further information, please contact:

Minister of Finance
7^th Floor, Frost Building South
7 Queen’s Park Crescent
Toronto ON M7A 1Y7

Ministry of Natural Resources

Government Notice

pursuant to

Ontario Regulation 666/98 made under the Fish and Wildlife Conservation Act

Upon the authority of the Fish and Wildlife Conservation Act and in accordance with Ontario Regulation 666/98, the royalties for transporting any furbearing mammal or its pelt to a point outside Ontario, or to a tanner or taxidermist to be tanned, plucked or treated, or to a building or place where furbearing mammals are kept in captivity under section 40 of the Act, or to a building or place where farmed animals that are furbearing mammals are kept, are set as follows:

Dated at Toronto this 29^th day of September, 2003

Hon. Jerry J. Ouellette
Minister of Natural Resources
for the Province of Ontario
(137-G36)