Government Notices Respecting Corporations
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.
|
Date |
Name of Corporation |
Ontario Corporation Number |
|---|---|---|
|
2014-04-12 |
Act Health Group-Etobicoke Centre Inc. |
001028655 |
|
2014-04-12 |
Ad Blast Inc. |
001730448 |
|
2014-04-12 |
Arrow Acoustics & Drywall Inc. |
000787208 |
|
2014-04-12 |
Asphalt Playground Inc. |
001485965 |
|
2014-04-12 |
Beaver Chips Inc. |
001429587 |
|
2014-04-12 |
Best Of Britain Inc. |
000833227 |
|
2014-04-12 |
Black Tusk Advisors Inc. |
001535734 |
|
2014-04-12 |
Bluemount Freezing Hot Mechanical Systems Inc. |
001569491 |
|
2014-04-12 |
Cafe La Presse Ltd. |
001024284 |
|
2014-04-12 |
Cedar Ridge Realty Company Limited |
000386824 |
|
2014-04-12 |
Cey-Can Travel And Tours Ltd. |
001001400 |
|
2014-04-12 |
Choi Design & Communications Inc. |
001095108 |
|
2014-04-12 |
Ciamar Corporation |
002096832 |
|
2014-04-12 |
City-Wide Financial Services Inc. |
000829473 |
|
2014-04-12 |
Cliff Farm’s Clydesdales Inc. |
001669698 |
|
2014-04-12 |
Colortone Cultured Products Incorporated |
000648040 |
|
2014-04-12 |
Computel Enterprises Incorporated |
001042440 |
|
2014-04-12 |
Consultair Inc. |
001264403 |
|
2014-04-12 |
Cortina Holdings Corp. |
002075307 |
|
2014-04-12 |
Cumulus Corporation |
001357411 |
|
2014-04-12 |
Cyberport Niagara Inc. |
001184573 |
|
2014-04-12 |
C3 Online Marketing Inc. |
001588103 |
|
2014-04-12 |
David N. Kay & Associates Inc. |
001432821 |
|
2014-04-12 |
Devadason Consulting Inc. |
001288110 |
|
2014-04-12 |
Diami Inc. |
001714587 |
|
2014-04-12 |
Diaroc Systems Inc. |
001392015 |
|
2014-04-12 |
Engineered Construction Limited |
001683709 |
|
2014-04-12 |
Fm Limousine Service Inc. |
001034532 |
|
2014-04-12 |
G.T. Truck And Auto Sales Inc. |
001704819 |
|
2014-04-12 |
Gorman Mcilveen Culinary Inc. |
001064137 |
|
2014-04-12 |
Gremy & Associates Inc. |
001411340 |
|
2014-04-12 |
Heart Lake Lawn Services Inc. |
001104692 |
|
2014-04-12 |
High-Ef Heating & Cooling Corp. |
002094660 |
|
2014-04-12 |
Horus Technologies Inc. |
001359732 |
|
2014-04-12 |
Imara Research Corporation |
000791678 |
|
2014-04-12 |
Indulgence Specialty Items Inc. |
002034109 |
|
2014-04-12 |
K & R Carpentry Inc. |
000912124 |
|
2014-04-12 |
Liverpool School Of Martial Arts Ltd. |
001589085 |
|
2014-04-12 |
Margaret Hughes Sales Company Limited |
000508860 |
|
2014-04-12 |
Micro Shoppers International Inc. |
001100036 |
|
2014-04-12 |
Mug ‘N’ Munch Cafe Limited |
001264668 |
|
2014-04-12 |
Nahal Enterprises Limited |
000584528 |
|
2014-04-12 |
Nav On Time Logistics Inc. |
002064055 |
|
2014-04-12 |
New Age Health Food Store Inc. |
000765432 |
|
2014-04-12 |
New Ideal Fashions Ltd. |
002107198 |
|
2014-04-12 |
Newcastle Entertainment Inc. |
001377997 |
|
2014-04-12 |
Nolan/Conway Productions Ltd. |
000994212 |
|
2014-04-12 |
Once Upon A Tea Cup Inc. |
002099376 |
|
2014-04-12 |
One Two Four Corp. |
002050488 |
|
2014-04-12 |
Oriental Broadcasting Network Inc. |
001062380 |
|
2014-04-12 |
P Iv Inc. |
002110015 |
|
2014-04-12 |
P. S. Suda Surveying Inc. |
001108968 |
|
2014-04-12 |
Pallet Era Inc. |
001165266 |
|
2014-04-12 |
Pendelis Tile & Marble Inc. |
000728908 |
|
2014-04-12 |
Pic Glassware Inc. |
002067361 |
|
2014-04-12 |
Premier Pipelines Inc. |
000899548 |
|
2014-04-12 |
Prime Time Telecom Ltd. |
001106088 |
|
2014-04-12 |
Red Rice Restaurant Ltd. |
001654108 |
|
2014-04-12 |
Redhouse Productions Inc. |
001256265 |
|
2014-04-12 |
Reseau Canoe Route Network Inc. |
000834600 |
|
2014-04-12 |
Rivendale Dream Inc. |
001587536 |
|
2014-04-12 |
Schnorr Consulting Ltd. |
001126224 |
|
2014-04-12 |
Shelbridge Inc. |
002108836 |
|
2014-04-12 |
Shg Snow Removal & Landscaping Ltd. |
001268099 |
|
2014-04-12 |
Sigma Telemed Inc. |
001722020 |
|
2014-04-12 |
Silk Road Flooring Inc. |
002096588 |
|
2014-04-12 |
Sligo Ecological Design Inc. |
000820120 |
|
2014-04-12 |
Spex Shop Inc. |
001361731 |
|
2014-04-12 |
Spi Ola Inc. |
001691664 |
|
2014-04-12 |
Stoffers Limited |
000250660 |
|
2014-04-12 |
Stouffville Tanning Zone Inc. |
001725636 |
|
2014-04-12 |
Studio X Productions Inc. |
001101920 |
|
2014-04-12 |
Superich Inc. |
000644404 |
|
2014-04-12 |
The Deck King (1998) Ltd. |
001286416 |
|
2014-04-12 |
The Food Trolley Limited |
000683832 |
|
2014-04-12 |
The Leather Ranch Ltd. |
000282018 |
|
2014-04-12 |
The Peterborough Arms Limited |
000961930 |
|
2014-04-12 |
Ventmann Mechanical Ltd. |
001071548 |
|
2014-04-12 |
Yet Sings Foods Limited |
001056088 |
|
2014-04-12 |
1018012 Ontario Inc. |
001018012 |
|
2014-04-12 |
1019556 Ontario Inc. |
001019556 |
|
2014-04-12 |
1022200 Ontario Inc. |
001022200 |
|
2014-04-12 |
1022408 Ontario Inc. |
001022408 |
|
2014-04-12 |
1067104 Ontario Limited |
001067104 |
|
2014-04-12 |
1076268 Ontario Inc. |
001076268 |
|
2014-04-12 |
1082888 Ontario Limited |
001082888 |
|
2014-04-12 |
1106239 Ontario Inc. |
001106239 |
|
2014-04-12 |
1146481 Ontario Inc. |
001146481 |
|
2014-04-12 |
1194986 Ontario Inc. |
001194986 |
|
2014-04-12 |
1213592 Ontario Inc. |
001213592 |
|
2014-04-12 |
1233481 Ontario Inc. |
001233481 |
|
2014-04-12 |
1285912 Ontario Inc. |
001285912 |
|
2014-04-12 |
1287138 Ontario Inc. |
001287138 |
|
2014-04-12 |
1365335 Ontario Inc. |
001365335 |
|
2014-04-12 |
1538630 Ontario Inc. |
001538630 |
|
2014-04-12 |
1544195 Ontario Inc. |
001544195 |
|
2014-04-12 |
1661655 Ontario Inc. |
001661655 |
|
2014-04-12 |
1662029 Ontario Ltd. |
001662029 |
|
2014-04-12 |
1691412 Ontario Inc. |
001691412 |
|
2014-04-12 |
1705313 Ontario Inc. |
001705313 |
|
2014-04-12 |
1722011 Ontario Limited |
001722011 |
|
2014-04-12 |
2082855 Ontario Inc. |
002082855 |
|
2014-04-12 |
2089720 Ontario Inc. |
002089720 |
|
2014-04-12 |
2094789 Ontario Inc. |
002094789 |
|
2014-04-12 |
2103029 Ontario Inc. |
002103029 |
|
2014-04-12 |
2108707 Ontario Inc. |
002108707 |
|
2014-04-12 |
2109413 Ontario Inc. |
002109413 |
|
2014-04-12 |
2113295 Ontario Inc. |
002113295 |
|
2014-04-12 |
2114293 Ontario Corporation |
002114293 |
|
2014-04-12 |
2116531 Ontario Inc. |
002116531 |
|
2014-04-12 |
554892 Ontario Limited |
000554892 |
|
2014-04-12 |
599036 Ontario Inc. |
000599036 |
|
2014-04-12 |
738256 Ontario Ltd. |
000738256 |
|
2014-04-12 |
812700 Ontario Limited |
000812700 |
|
2014-04-12 |
817236 Ontario Limited |
000817236 |
|
2014-04-12 |
865660 Ontario Inc. |
000865660 |
|
2014-04-12 |
878519 Ontario Ltd. |
000878519 |
|
2014-04-12 |
886236 Ontario Inc. |
000886236 |
|
2014-04-12 |
932304 Ontario Limited |
000932304 |
|
2014-04-12 |
948300 Ontario Inc. |
000948300 |
William D. Snell
Director, Ministry of Government Services
(147-G181)
Cancellation of Certificate of Incorporation (Corporations Tax Act Defaulters)
Notice Is Hereby Given that, under subsection 241(4) of the Business Corporations Act, the Certificate of Incorporation of the corporations named hereunder have been cancelled by an Order for default in complying with the provisions of the Corporations Tax Act, and the said corporations have been dissolved on that date.
|
Date |
Name of Corporation |
Ontario Corporation Number |
|---|---|---|
|
2014-03-17 |
A. W. Electrical Solutions Ltd. |
002093144 |
|
2014-03-17 |
Active Healthy Links Inc. |
000730509 |
|
2014-03-17 |
Alliston Insulation Ltd. |
001709329 |
|
2014-03-17 |
Apna Punjab Homes Inc. |
001541340 |
|
2014-03-17 |
B.K. Legal Courier Corp. |
001686619 |
|
2014-03-17 |
Benipal Auto Sales Inc. |
001450605 |
|
2014-03-17 |
Bolton Industries Inc. |
000421687 |
|
2014-03-17 |
Brandtrust Ltd. |
001348177 |
|
2014-03-17 |
Brenda Moreau Trucking Ltd. |
001558690 |
|
2014-03-17 |
Brookingwood Glen Enterprises Limited |
000618476 |
|
2014-03-17 |
Cambria Developments Ltd. |
000585976 |
|
2014-03-17 |
Cares Realty Inc. |
000780872 |
|
2014-03-17 |
Casa Entertainment & Co. Ltd. |
001097656 |
|
2014-03-17 |
Competitive Car & Truck Rentals Inc. |
001327006 |
|
2014-03-17 |
Comptrol Technologies Inc. |
001498520 |
|
2014-03-17 |
Dane’s Flowers Inc. |
000362681 |
|
2014-03-17 |
Das Restaurant Inc. |
000915676 |
|
2014-03-17 |
Dave’s Mobile Lock & Safe Inc. |
000661896 |
|
2014-03-17 |
Dd & J Transport Inc. |
001046174 |
|
2014-03-17 |
Driverite Financial Solutions Inc. |
002103322 |
|
2014-03-17 |
Dsr Copier Services Inc. |
001118875 |
|
2014-03-17 |
Fill Management 2000 Inc. |
001405924 |
|
2014-03-17 |
First Choice Auto Service And Repairs Ltd. |
002107146 |
|
2014-03-17 |
Forefront Homespring Inc. |
002143648 |
|
2014-03-17 |
Frankfurters Inc. |
001617019 |
|
2014-03-17 |
Frip Panels Limited |
000082849 |
|
2014-03-17 |
Globe Travels Inc. |
001109476 |
|
2014-03-17 |
Gryphon’s Wing Productions Inc. |
001455635 |
|
2014-03-17 |
Gwa Microsystems Ltd. |
000512900 |
|
2014-03-17 |
Haulaway Trucking Inc. |
001618770 |
|
2014-03-17 |
Hughes Landscaping Co. Limited |
000200548 |
|
2014-03-17 |
Intermodal Container Repair Service Ltd. |
002009741 |
|
2014-03-17 |
Italian Luxuries Inc. |
001623238 |
|
2014-03-17 |
J. Ott Appraisals Limited |
001165402 |
|
2014-03-17 |
Jean Pierre Laurent Food Service Catering Inc. |
001067388 |
|
2014-03-17 |
Jing Peking Foods Company Ltd. |
001099220 |
|
2014-03-17 |
Jobs Inc. |
001099656 |
|
2014-03-17 |
John O’Reilly Real Estate Inc. |
002102274 |
|
2014-03-17 |
Jordan Auto Collision Ltd. |
001084772 |
|
2014-03-17 |
Kellerfilm Ltd. |
000768416 |
|
2014-03-17 |
King & Pearson Apartments Limited |
000668864 |
|
2014-03-17 |
Lacey Construction Ltd. |
001570818 |
|
2014-03-17 |
Language Tone Inc. |
001648605 |
|
2014-03-17 |
Lanux Limited |
001294055 |
|
2014-03-17 |
Louis Xv Interior Painting Inc. |
002129326 |
|
2014-03-17 |
Magni Frame Management Corp. |
001494151 |
|
2014-03-17 |
Merit-Prime Development Inc. |
001006590 |
|
2014-03-17 |
Meta Integration Inc. |
001032692 |
|
2014-03-17 |
Michael Kan Enterprises Inc. |
000393036 |
|
2014-03-17 |
Nicoletta Fine Foods Inc. |
001436420 |
|
2014-03-17 |
Nps Carrier Ltd. |
002151348 |
|
2014-03-17 |
Painting The Gta Inc. |
001706626 |
|
2014-03-17 |
Pro-Trans Logistics Inc. |
002093591 |
|
2014-03-17 |
Qca Laboratories Inc. |
000727488 |
|
2014-03-17 |
Rainbow Home Decor Centre Inc. |
002028653 |
|
2014-03-17 |
Ramkiren Transport Inc. |
001079982 |
|
2014-03-17 |
Rayjen Investment & Management Company Ltd. |
000378200 |
|
2014-03-17 |
Savel Consulting Group Ltd. |
001398498 |
|
2014-03-17 |
Secure-It Inc. |
001290281 |
|
2014-03-17 |
Stanza Furniture Inc. |
001469267 |
|
2014-03-17 |
Swirlers Restaurant Inc. |
001317656 |
|
2014-03-17 |
Telluride Waste Management Industries Inc. |
001030188 |
|
2014-03-17 |
The Art Mill Limited |
001046458 |
|
2014-03-17 |
The Sofa Company Ltd. |
001554407 |
|
2014-03-17 |
Toshi-Kai Limited |
000268376 |
|
2014-03-17 |
Valan Hardware Centre Inc. |
000295401 |
|
2014-03-17 |
Valley Industrial Repair Inc. |
001476311 |
|
2014-03-17 |
Vd Tech Inc. |
002092223 |
|
2014-03-17 |
Ventpar Holdings Inc. |
002109879 |
|
2014-03-17 |
Videoempire Inc. |
000488772 |
|
2014-03-17 |
Vito Chimienti Janitorial Services Ltd. |
000989111 |
|
2014-03-17 |
Wastepro Technologies Inc. |
001707386 |
|
2014-03-17 |
1001604 Ontario Limited |
001001604 |
|
2014-03-17 |
1022120 Ontario Inc. |
001022120 |
|
2014-03-17 |
1053416 Ontario Inc. |
001053416 |
|
2014-03-17 |
1082576 Ontario Inc. |
001082576 |
|
2014-03-17 |
1191420 Ontario Limited |
001191420 |
|
2014-03-17 |
1250232 Ontario Inc. |
001250232 |
|
2014-03-17 |
1266572 Ontario Limited |
001266572 |
|
2014-03-17 |
1292357 Ontario Limited |
001292357 |
|
2014-03-17 |
1346131 Ontario Ltd. |
001346131 |
|
2014-03-17 |
1430829 Ontario Ltd. |
001430829 |
|
2014-03-17 |
1443536 Ontario Inc. |
001443536 |
|
2014-03-17 |
1480398 Ontario Ltd. |
001480398 |
|
2014-03-17 |
1486418 Ontario Ltd. |
001486418 |
|
2014-03-17 |
1497800 Ontario Incorporated |
001497800 |
|
2014-03-17 |
1514719 Ontario Inc. |
001514719 |
|
2014-03-17 |
1606735 Ontario Inc. |
001606735 |
|
2014-03-17 |
1610597 Ontario Inc. |
001610597 |
|
2014-03-17 |
1634027 Ontario Inc. |
001634027 |
|
2014-03-17 |
1648675 Ontario Inc. |
001648675 |
|
2014-03-17 |
1669626 Ontario Inc. |
001669626 |
|
2014-03-17 |
1671288 Ontario Inc. |
001671288 |
|
2014-03-17 |
1673289 Ontario Inc. |
001673289 |
|
2014-03-17 |
1690280 Ontario Limited |
001690280 |
|
2014-03-17 |
1693694 Ontario Inc. |
001693694 |
|
2014-03-17 |
1698381 Ontario Ltd. |
001698381 |
|
2014-03-17 |
1704518 Ontario Inc. |
001704518 |
|
2014-03-17 |
1705092 Ontario Limited |
001705092 |
|
2014-03-17 |
1708386 Ontario Ltd. |
001708386 |
|
2014-03-17 |
1745254 Ontario Inc. |
001745254 |
|
2014-03-17 |
2003359 Ontario Inc. |
002003359 |
|
2014-03-17 |
2026709 Ontario Inc. |
002026709 |
|
2014-03-17 |
2029449 Ontario Inc. |
002029449 |
|
2014-03-17 |
2052202 Ontario Ltd. |
002052202 |
|
2014-03-17 |
2093983 Ontario Inc. |
002093983 |
|
2014-03-17 |
2096893 Ontario Inc. |
002096893 |
|
2014-03-17 |
2113873 Ontario Inc. |
002113873 |
|
2014-03-17 |
247 Convenience Inc. |
001628502 |
|
2014-03-17 |
405323 Ontario Limited |
000405323 |
|
2014-03-17 |
499418 Ontario Ltd. |
000499418 |
|
2014-03-17 |
585820 Ontario Ltd. |
000585820 |
|
2014-03-17 |
623822 Ontario Inc. |
000623822 |
|
2014-03-17 |
878604 Ontario Limited |
000878604 |
|
2014-03-17 |
928584 Ontario Ltd. |
000928584 |
William D. Snell
Director, Ministry of Government Services
(147-G182)
Certificate 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.
|
Date |
Name of Corporation |
Ontario Corporation Number |
|---|---|---|
|
2014-02-14 |
1732166 Ontario Inc. |
001732166 |
|
2014-03-05 |
Alkady Auto Sales Ltd. |
001799117 |
|
2014-03-05 |
Allegra Icon Homes (Mississauga) Inc. |
001587956 |
|
2014-03-05 |
Csp Environmental Consultants, Ltd. |
000823876 |
|
2014-03-05 |
Haimar Inc. |
000650227 |
|
2014-03-05 |
Impressive Concepts Inc. |
002048074 |
|
2014-03-05 |
Lai Doh Restaurant Inc. |
001782639 |
|
2014-03-05 |
Mediclim Enterprises Inc. |
002189162 |
|
2014-03-05 |
Nabel Communication Systems Inc. |
000955881 |
|
2014-03-05 |
Sherwood Forrest Village Inc. |
001201438 |
|
2014-03-05 |
Si Production House Inc. |
002272627 |
|
2014-03-05 |
1513055 Ontario Inc. |
001513055 |
|
2014-03-05 |
2076392 Ontario Inc. |
002076392 |
|
2014-03-05 |
2131597 Ontario Limited |
002131597 |
|
2014-03-05 |
2131913 Ontario Limited |
002131913 |
|
2014-03-05 |
2177344 Ontario Inc. |
002177344 |
|
2014-03-05 |
2227729 Ontario Inc. |
002227729 |
|
2014-03-05 |
2371902 Ontario Inc. |
002371902 |
|
2014-03-06 |
Franelle Ltd. |
001804861 |
|
2014-03-06 |
Garyglen Investments Ltd. |
001130974 |
|
2014-03-06 |
Jorsam Investments Inc. |
002151640 |
|
2014-03-06 |
Maxwell Network Group Inc. |
002071127 |
|
2014-03-06 |
Red Circle Concepts Inc. |
002201038 |
|
2014-03-06 |
Rick-Lyn Management Inc. |
000662563 |
|
2014-03-06 |
1318010 Ontario Inc. |
001318010 |
|
2014-03-06 |
1453862 Ontario Inc. |
001453862 |
|
2014-03-06 |
1618985 Ontario Inc. |
001618985 |
|
2014-03-06 |
2202071 Ontario Inc. |
002202071 |
|
2014-03-06 |
799372 Ontario Inc. |
000799372 |
|
2014-03-07 |
Ashm Investments Inc. |
001295570 |
|
2014-03-07 |
Beads And Crafts International Inc. |
001664576 |
|
2014-03-07 |
Beringer Financial Inc. |
001272287 |
|
2014-03-07 |
Beringer Holdings Inc. |
002117560 |
|
2014-03-07 |
Boca It Consulting Ltd. |
001319905 |
|
2014-03-07 |
Bovad Management Inc. |
000450219 |
|
2014-03-07 |
Cnd Goose Productions Inc. |
001262701 |
|
2014-03-07 |
Compassionate Nursing Care Inc. |
001652212 |
|
2014-03-07 |
Eclipse Property Services Inc. |
002200565 |
|
2014-03-07 |
Ferrari Bros. Excavating Ltd. |
000720499 |
|
2014-03-07 |
Joco Contracting Limited |
000923263 |
|
2014-03-07 |
Lasting Memories Ltd. |
001089088 |
|
2014-03-07 |
Manomay Corporation |
002282624 |
|
2014-03-07 |
Nortexte Inc. |
000795781 |
|
2014-03-07 |
R And R Associates Inc. |
002040909 |
|
2014-03-07 |
Steve Quayle Electric Ltd. |
000894737 |
|
2014-03-07 |
Sujany Transport Ltd. |
001512042 |
|
2014-03-07 |
The Rock Corporation |
001376254 |
|
2014-03-07 |
The Usual Company Inc. |
002151908 |
|
2014-03-07 |
Total Mine Development Inc. |
001799053 |
|
2014-03-07 |
Trivision Management Inc. |
001825341 |
|
2014-03-07 |
1734101 Ontario Inc. |
001734101 |
|
2014-03-07 |
1811417 Ontario Inc. |
001811417 |
|
2014-03-07 |
2309611 Ontario Inc. |
002309611 |
|
2014-03-07 |
410831 Ontario Limited |
000410831 |
|
2014-03-07 |
676585 Ontario Inc. |
000676585 |
|
2014-03-07 |
988703 Ontario Limited |
000988703 |
|
2014-03-09 |
1818382 Ontario Inc. |
001818382 |
|
2014-03-10 |
Epic Motion Pictures Inc. |
002297548 |
|
2014-03-10 |
Epic World Inc. |
002292763 |
|
2014-03-10 |
J. Hari Transport Inc. |
002135424 |
|
2014-03-10 |
Jodha Pharmacy Inc. |
001599985 |
|
2014-03-10 |
Johnston & Davidson Aluminum Products Limited |
000272210 |
|
2014-03-10 |
Landon, Williams & Associates Ltd. |
001333367 |
|
2014-03-10 |
Linda Construction Ltd. |
001037534 |
|
2014-03-10 |
Linea Uno Family Hair Care Ltd. |
000688736 |
|
2014-03-10 |
Nambiar Holdings Inc. |
002258888 |
|
2014-03-10 |
Stairways Unlimited Inc. |
001855864 |
|
2014-03-10 |
Sylvatica Incorporated |
001138979 |
|
2014-03-10 |
Telecommunication Equipment Corporation La Compagnie D’equipement De Telecommunication Incorporee |
000602522 |
|
2014-03-10 |
This Hugs For You Inc. |
001411732 |
|
2014-03-10 |
Walmac Holdings Inc. |
001084536 |
|
2014-03-10 |
Z & Z Construction Limited |
001414921 |
|
2014-03-10 |
1134490 Ontario Limited |
001134490 |
|
2014-03-10 |
1605665 Ontario Inc. |
001605665 |
|
2014-03-10 |
1665599 Ontario Inc. |
001665599 |
|
2014-03-10 |
1727691 Ontario Limited |
001727691 |
|
2014-03-10 |
2101344 Ontario Ltd. |
002101344 |
|
2014-03-10 |
2115540 Ontario Limited |
002115540 |
|
2014-03-10 |
2141904 Ontario Ltd. |
002141904 |
|
2014-03-10 |
2255159 Ontario Inc. |
002255159 |
|
2014-03-10 |
2269783 Ontario Inc. |
002269783 |
|
2014-03-10 |
568301 Ontario Limited |
000568301 |
|
2014-03-12 |
Avml Canada Inc. |
002146598 |
|
2014-03-12 |
Dr. Brad Walls Chiropractic, Professional Corporation |
002026020 |
|
2014-03-12 |
Emilio’s Custom Building & Concrete Ltd. |
001752513 |
|
2014-03-12 |
Face Forward Laser Spa Inc. |
002327033 |
|
2014-03-12 |
Jy Technical Services Inc. |
001543857 |
|
2014-03-12 |
Self Awareness For Everyone Corp. |
001588327 |
|
2014-03-12 |
Streamline Personnel Inc. |
002017181 |
|
2014-03-12 |
The Stone House Group Inc. |
002117901 |
|
2014-03-12 |
Ww Sourcing Inc. |
002255425 |
|
2014-03-12 |
1143128 Ontario Limited |
001143128 |
|
2014-03-12 |
1147204 Ontario Ltd. |
001147204 |
|
2014-03-12 |
2055211 Ontario Inc. |
002055211 |
|
2014-03-14 |
Aia Agriculture Farm Inc. |
002028478 |
|
2014-03-17 |
Talent Flare Ltd. |
001745939 |
|
2014-03-17 |
2142807 Ontario Ltd. |
002142807 |
|
2014-03-18 |
Future Aijia Inc. |
001714037 |
|
2014-03-18 |
Legget Drive Property Limited |
001374680 |
|
2014-03-18 |
Sandra’s Shear Edge Hair Salon Inc. |
002155081 |
|
2014-03-18 |
1336561 Ontario Limited |
001336561 |
|
2014-03-20 |
Apsara Productions Inc. |
001797299 |
|
2014-03-20 |
Busters C+C Inc. |
002290107 |
|
2014-03-20 |
Desozio Homes (Eleanor) Ltd. |
002074969 |
|
2014-03-20 |
LAAVAA-PTM9MEDIA Inc. |
001515397 |
|
2014-03-20 |
Ontario Plastics Limited |
000144011 |
|
2014-03-20 |
Param Pm Services Inc. |
002294504 |
|
2014-03-20 |
R. D. Systems Of Canada Limited |
000247473 |
|
2014-03-20 |
Sharzay Ltd. |
001646702 |
|
2014-03-20 |
Sign It Ottawa Inc. |
001860160 |
|
2014-03-20 |
Springbrook Properties Inc. |
002186636 |
|
2014-03-20 |
1779856 Ontario Inc. |
001779856 |
|
2014-03-20 |
1828585 Ontario Inc. |
001828585 |
|
2014-03-20 |
2184191 Ontario Ltd. |
002184191 |
|
2014-03-20 |
2235766 Ontario Inc. |
002235766 |
|
2014-03-20 |
2261532 Ontario Inc. |
002261532 |
|
2014-03-20 |
939193 Ontario Inc. |
000939193 |
|
2014-03-21 |
Collier Fitness & Nutrition Inc. |
002121890 |
|
2014-03-21 |
Donald G. Weatherbe Associates Inc. |
000886149 |
|
2014-03-21 |
Donald Lipman Investments Limited |
000090527 |
|
2014-03-21 |
Jupiter Consumer Products Limited |
001163174 |
|
2014-03-21 |
Robinglade Corporation Limited |
000216059 |
|
2014-03-21 |
The Essce Private Lending Group Inc. |
001741608 |
|
2014-03-21 |
Total Building Maintenance And Services Ltd. |
002148541 |
|
2014-03-21 |
Zimmerman Rose Columbus Inc. |
000729940 |
|
2014-03-21 |
1498087 Ontario Limited |
001498087 |
|
2014-03-21 |
1540187 Ontario Inc. |
001540187 |
|
2014-03-21 |
1664472 Ontario Ltd. |
001664472 |
|
2014-03-21 |
1824370 Ontario Inc. |
001824370 |
|
2014-03-21 |
2216898 Ontario Inc. |
002216898 |
|
2014-03-21 |
2228343 Ontario Inc. |
002228343 |
|
2014-03-21 |
2309003 Ontario Inc. |
002309003 |
|
2014-03-24 |
ADMINISTRATION123 Inc. |
001780652 |
|
2014-03-24 |
Barney Enterprises Inc. |
000881331 |
|
2014-03-24 |
Brown Man Clothing Inc. |
002221990 |
|
2014-03-24 |
C.M.T. Marketing Incorporated |
002148634 |
|
2014-03-24 |
Chequer Enterprises Ltd. |
001203388 |
|
2014-03-24 |
Choudhury & Associates Inc. |
002098266 |
|
2014-03-24 |
Common Trading & Investment Inc. |
001695905 |
|
2014-03-24 |
Edgestone Capital Equity Partners, Inc. |
000905755 |
|
2014-03-24 |
Flores General Construction Inc. |
001756280 |
|
2014-03-24 |
Humphrey E Electric Inc. |
001714506 |
|
2014-03-24 |
Luksan Enterprises Ltd. |
001253347 |
|
2014-03-24 |
Maximum Medical Services Inc. |
001894297 |
|
2014-03-24 |
Northtown Merchant Ltd. |
002188074 |
|
2014-03-24 |
Omarcala Automation Inc. |
002152778 |
|
2014-03-24 |
Pvilla Transportation Ltd. |
001844410 |
|
2014-03-24 |
Richards Auctioneers & Valuers Ltd. |
000467956 |
|
2014-03-24 |
Sean Conway Consultant Inc. |
001629813 |
|
2014-03-24 |
Sino Rising Inc. |
001807087 |
|
2014-03-24 |
Taylor Home Enterprises Ltd. |
001072851 |
|
2014-03-24 |
Teston Pipelines Limited |
000886093 |
|
2014-03-24 |
Tj Supply Co. Inc. |
001663861 |
|
2014-03-24 |
1609153 Ontario Limited |
001609153 |
|
2014-03-24 |
1641258 Ontario Inc. |
001641258 |
|
2014-03-24 |
2018955 Ontario Inc. |
002018955 |
|
2014-03-24 |
2056321 Ontario Inc. |
002056321 |
|
2014-03-25 |
Canasia Wine And Spirits Inc. |
002272596 |
|
2014-03-25 |
Cdneo Inc. |
002147260 |
|
2014-03-25 |
E.B. Clarke Services Limited |
000283939 |
|
2014-03-25 |
Farley Real Estate And Insurance Incorporated |
000290921 |
|
2014-03-25 |
Greenland Construction & Renovation Ltd. |
001861679 |
|
2014-03-25 |
Middlefield Income Plus Ii Corp. |
001911682 |
|
2014-03-25 |
Payless Shoesource Canada (Sr) Limited |
001718068 |
|
2014-03-25 |
Picture Perfect Bridal Ltd. |
002039817 |
|
2014-03-25 |
Rav Holdings Inc. |
001618398 |
|
2014-03-25 |
Transglobal Fast Solutions Inc. |
002261605 |
|
2014-03-25 |
Way Consulting Inc. |
001426643 |
|
2014-03-25 |
1022635 Ontario Inc. |
001022635 |
|
2014-03-25 |
1206640 Ontario Inc. |
001206640 |
|
2014-03-25 |
1588020 Ontario Ltd. |
001588020 |
|
2014-03-25 |
1676710 Ontario Inc. |
001676710 |
|
2014-03-25 |
1725676 Ontario Corp. |
001725676 |
|
2014-03-25 |
2170242 Ontario Inc. |
002170242 |
|
2014-03-25 |
2179162 Ontario Inc. |
002179162 |
|
2014-03-25 |
2215611 Ontario Inc. |
002215611 |
|
2014-03-26 |
Executive Marketing Solutions Inc. |
002032421 |
|
2014-03-26 |
Lmv Ecobus Limited |
002231170 |
|
2014-03-26 |
Mirage Marketing Systems Inc. |
001728325 |
|
2014-03-26 |
Nova Holding Inc. |
002116557 |
|
2014-03-26 |
Poury Development Limited |
000430926 |
|
2014-03-26 |
Smart Building Corporation |
002249427 |
|
2014-03-26 |
Uxpanda Software Inc. |
002327237 |
|
2014-03-26 |
Zaillan Real Estate Inc. |
002155116 |
|
2014-03-26 |
1578891 Ontario Ltd. |
001578891 |
|
2014-03-26 |
1751949 Ontario Ltd. |
001751949 |
|
2014-03-26 |
1777078 Ontario Inc. |
001777078 |
|
2014-03-26 |
2038746 Ontario Incorporated |
002038746 |
|
2014-03-26 |
2249997 Ontario Inc. |
002249997 |
|
2014-03-26 |
2261661 Ontario Limited |
002261661 |
|
2014-03-26 |
2404208 Ontario Inc. |
002404208 |
|
2014-03-26 |
569900 Ontario Inc. |
000569900 |
|
2014-03-26 |
643936 Ontario Inc. |
000643936 |
|
2014-03-27 |
Barry Wagdin Investments Incorporated |
000865129 |
|
2014-03-27 |
Ecuamex Construction Ltd. |
001634794 |
|
2014-03-27 |
Jiegar Ltd. |
001444607 |
|
2014-03-27 |
Linwood Garage Ltd. |
000402082 |
|
2014-03-27 |
Shangke Information Technology Co., Ltd. |
001821248 |
|
2014-03-27 |
Yang Tong Trading Inc. |
001586543 |
|
2014-03-27 |
1253474 Ontario Inc. |
001253474 |
|
2014-03-27 |
1788390 Ontario Inc. |
001788390 |
|
2014-03-27 |
2033873 Ontario Limited |
002033873 |
|
2014-03-27 |
2195988 Ontario Ltd. |
002195988 |
|
2014-03-27 |
2333742 Ontario Inc. |
002333742 |
William D. Snell
Director, Ministry of Government Services
(147-G183)
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.
|
Date |
Name of Corporation |
Ontario Corporation Number |
|---|---|---|
|
2014-03-27 |
Elements Designers Inc. |
2186335 |
|
2014-03-27 |
Oneworld Energy Morrisburg I Inc. |
2246101 |
|
2014-03-27 |
Ontario Remediation Services Inc. |
2292718 |
|
2014-03-27 |
2330126 Ontario Inc. |
2330126 |
|
2014-04-02 |
Dundas Canada, Ltd. |
2017693 |
|
2014-04-02 |
The Mortgage Clinic Ltd. |
1747419 |
William D. Snell
Director
(147-G184)
Cancellation of Certificate of Incorporation (Business Corporations Act)
Notice Is Hereby Given that by orders under subsection 241(4) of the Business Corporation Act, the certificates of incorporation set out hereunder have been cancelled and corporation(s) have been dissolved. The effective date of cancellation precedes the corporation listing.
|
Date |
Name of Corporation |
Ontario Corporation Number |
|---|---|---|
|
2013-11-12 |
Canadian Cleaning Services Inc. |
1906706 |
|
2013-11-15 |
Dcp By Design Inc. |
1906778 |
|
2014-03-28 |
Albion Construction Inc. |
1860357 |
|
2014-03-28 |
Bhd Instrumentation (Ontario) Limited |
1649471 |
|
2014-03-28 |
Brenda Farnquist Medicine Professional Corporation |
2315805 |
|
2014-03-28 |
Calypso Islands Grill Inc. |
1593716 |
|
2014-03-28 |
Canopy Property Management Incorporated |
1882362 |
|
2014-03-28 |
Evolving To Simplify It Corporation |
2292537 |
|
2014-03-28 |
Fundraising Initiatives Inc. |
1600797 |
|
2014-03-28 |
Gemn’ah Entertainment Ltd. |
1879636 |
|
2014-03-28 |
Halton Rebar Inc. |
1628311 |
|
2014-03-28 |
Hunter Boot (Canada) Inc. |
2283774 |
|
2014-03-28 |
Lrp/Business Systems International Inc. |
627685 |
|
2014-03-28 |
Nobel Trading Corp. |
1208692 |
|
2014-03-28 |
Percan Enterprises Inc. |
1810245 |
|
2014-03-28 |
Prowess Properties Inc. |
1094226 |
|
2014-03-28 |
Steve Cranney Inc. |
1622766 |
|
2014-03-28 |
Tara Technolgies Ltd. |
2376494 |
|
2014-03-28 |
427112 Ontario Limited |
427112 |
|
2014-03-28 |
822789 Ontario Limited |
822789 |
|
2014-03-28 |
1814609 Ontario Ltd. |
1814609 |
|
2014-03-28 |
1877225 Ontario Limited |
1877225 |
|
2014-03-28 |
2009965 Ontario Inc. |
2009965 |
|
2014-03-28 |
2133195 Ontario Corporation |
2133195 |
|
2014-03-28 |
2202813 Ontario Limited |
2202813 |
|
2014-03-28 |
2203402 Ontario Corp. |
2203402 |
|
2014-03-28 |
2343420 Ontario Inc. |
2343420 |
William D. Snell
Director
(147-G185)
Notice of Default in Complying with a Filing Requirement under the Corporations Information Act
Notice Is Hereby Given under subsection 317(9) of the Corporations Act, that unless the corporations listed hereunder comply with the requirements of the Corporations Information Act within 90 days of this Notice, orders will be made dissolving the defaulting corporations. The effective date precedes the corporation listings.
|
Date |
Name of Corporation |
Ontario Corporation Number |
|---|---|---|
|
2014-03-27 |
Kanyen’kehaka Experiential Learning Centre Inc. |
1902248 |
William D. Snell
Director
(147-G186)
Cancellation for Filing Default (Corporations Act)
Notice Is Hereby Given that orders under Section 317(9) of the Corporations Act have been made cancelling the Letters Patent of the following corporations and declaring them to be dissolved. The date of the order of dissolution precedes the name of the corporation.
|
Date |
Name of Corporation |
Ontario Corporation Number |
|---|---|---|
|
2014-03-28 |
Bnos Chomeish High School |
1880218 |
|
2014-03-28 |
Children Of Ethiopia Education Relief Fund |
1696578 |
|
2014-03-28 |
Greater Sylhet Jalalabad Social & Cultural Organization |
1641065 |
|
2014-04-02 |
Centre D’entraide Canadien Et De Developpement Des Affaires (Cecda) |
1874847 |
|
2014-04-02 |
Oakville Minor Lacrosse Association |
1874972 |
|
2014-04-02 |
The Brant Foundation For Persons With Developmental Needs |
118494 |
|
2014-04-02 |
The Canada Maple Dragon Multi Cultures Society |
1472036 |
|
2014-04-02 |
The Kinette Club Of Preston |
827814 |
William D. Snell
Director
(147-G187)à
Cancellation 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.
|
Date |
Name of Corporation |
Ontario Corporation Number |
|---|---|---|
|
2013-11-26 |
Jamall Wesley Social Club |
1905678 |
William D. Snell
Director
(147-G188)
Foreign Cultural Objects Immunity from Seizure Act Determination
Pursuant to delegated authority and in accordance with subsection 1(1) of the Foreign Cultural Objects Immunity from Seizure Act, R.S.O 1990, c.F-23, the works of art or objects of cultural significance listed in Schedule “A” attached hereto, which works or objects are to be on temporary exhibit during the Into the Light: The Paintings of William Blair Bruce exhibition at the Art Gallery of Hamilton in Hamilton, Ontario pursuant to loan agreements between the Art Gallery of Hamilton and the lenders listed in the attached Schedule “A”, are hereby determined to be of cultural significance and the temporary exhibition of these works or objects in Ontario is in the interest of the people of Ontario.
Date: April 1, 2014. Determined by Kevin Finnerty, Assistant Deputy Minister Culture DivisionMinistry of Tourism, Culture and Sport
Schedule “A” – List of Works
“Into the Light: The Paintings of William Blair Bruce”
Art Gallery of Hamilton
|
Lender |
Artist |
Object |
Date |
Medium |
Dimensions |
Inventory No. |
|
|---|---|---|---|---|---|---|---|
|
1 |
The Metropolitan Museum of Art, New York, New York, USA |
Theodore Robinson (American 1852-1896) |
A Bird’s-Eye View |
1889 |
Oil (on canvas) |
Unframed: 65.4 c 81.3 cm; Framed: 98.8 x 113.9 x 13 cm |
10.64.9 |
(147-G189)
Marriage Act
Certificate Of Permanent Registration as a person authorized to solemnize marriage in Ontario have been issued to the following:
March 24, 2014 to March 28, 2014
|
Name |
Location |
Effective Date |
|---|---|---|
|
Warford, Winston Keith |
Kingston, ON |
25-Mar-14 |
|
Clarke, Darrell R |
Kitchener, ON |
25-Mar-14 |
|
Pastores, Jerome Bose |
Cornwall, ON |
25-Mar-14 |
|
Michael, Douglas Edward |
Collingwood, ON |
28-Mar-14 |
|
Wildsmith, Erin E |
New Hamburg, ON |
28-Mar-14 |
|
Ford, Tommy Wayne |
Mississauga, ON |
28-Mar-14 |
|
Rezende, Adauto Simoes |
Cambridge, ON |
28-Mar-14 |
|
Wright-Dacosta, Alicia A |
Scarborough, ON |
28-Mar-14 |
|
Lee, Jennifer S |
Markham, ON |
28-Mar-14 |
|
Lee, William Wellington |
Markham, ON |
28-Mar-14 |
Certificate Of Cancellation Of Registration as a person authorized to solemnize marriage in Ontario have been issued to the following:
March 24, 2014 to March 28, 2014
|
Name |
Location |
Effective Date |
|---|---|---|
|
Omand, Gordon |
Navan, ON |
25-Mar-14 |
|
Vaughn, Kevin |
Cobourg, ON |
25-Mar-14 |
|
Boyd, Robert James |
Port Stanley, ON |
26-Mar-14 |
|
Thomas, Lorne R |
Weston, ON |
26-Mar-14 |
Jacques L’Abbe
Deputy Registrar General
(147-G190)
Dico Differential Premium Score Determination
March 31, 2014
Published, The Ontario Gazette, April 12, 2014
1. Overview
This document is issued by the Deposit Insurance Corporation of Ontario (“Corporation”) under subsection 105(4.2) of Ontario Regulation 237/09 made under the Credit Unions and Caisses Populaires Act, 1994 (“Act”). It sets out the rules for determining the differential premium score of a credit union or league with a financial year beginning on or after January 1, 2015. The score will be used by the Corporation to calculate the annual deposit insurance premium payable by a credit union or league under the regulation.
2. Differential Premium Score Determination
The differential premium score of a credit union or league is calculated with reference to the following components:
- Capital as measured by the level of regulatory capital of the credit union or league; and
- Corporate Governance as measured by the effectiveness of the corporate governance and risk management practices of the credit union or league.
The maximum score attainable is 100 points. A credit union or league may receive a maximum of:
- 64 points for the capital component; and
- 36 points for the governance component.
Where a credit union or league does not file its annual return or the resolution of the board of directors as required under the Corporation’s By-law No. 5 respecting Standards of Sound Business and Financial Practices, the credit union or league will be assigned a score of zero points.
3. Capital Component
Points for the capital component of the score are calculated based on information from the annual return filed with the Corporation by the credit union or league.
Class 1 Credit Union or League:
For a class 1 credit union or league, the number of points received for the capital component will be determined as follows:
- Where regulatory capital expressed as a percentage of its total assets is less than 5.00%, the credit union or league will receive zero points.
- Where regulatory capital expressed as a percentage of its total assets is greater than or equal to 5.00% and less than 5.06%, the credit union or league will receive one point.
- Where regulatory capital expressed as a percentage of its total assets is greater than or equal to 5.06% and less than 8.75%, the credit union or league will receive points based on the following formula:
[(A – 5.00%) ÷ 3.75%] × 64
in which,
“A” is regulatory capital expressed as a percentage of its total assets
- Where regulatory capital expressed as a percentage of its total assets is 8.75% or greater, the credit union or league will receive 64 points.
Class 2 Credit Union:
For a class 2 credit union, the number of points received for the capital component will be determined as follows:
- Where regulatory capital expressed as a percentage of its total assets is less than 4.00%, the credit union will receive zero points for the capital component
- Where regulatory capital expressed as a percentage of its total assets is 4.00% or greater, the points for the capital component received by a credit union will be based on its regulatory capital expressed as a percentage of its risk-weighted assets, as follows:
- Where regulatory capital expressed as a percentage of its risk weighted assets is less than 8.00%, the credit union will receive zero points.
- Where regulatory capital expressed as a percentage of its risk weighted assets is greater than or equal to 8.00% and less than 8.10%, the credit union will receive one point.
- Where regulatory capital is greater than or equal to 8.10% and less than 14.00%, the credit union will receive points based on the following formula:
[(D – 8.00%) ÷ 6.00%] × 64
in which,
“D” is regulatory capital expressed as a percentage of its risk weighted assets
• Where regulatory capital expressed as a percentage of its risk weighted assets is 14.00% or greater, the credit union will receive 64 points.
4. Corporate Governance Component
Points for corporate governance will be based on ratings determined during the examination of the credit union or league as conducted by the Corporation. Examination ratings will be based on an assessment of compliance with the Act and regulations, orders made by the Superintendent of the Financial Services Commission of Ontario and by the Corporation, the by-laws of the Corporation, and the credit union’s or league’s own by-laws and policies.
The maximum rating for each standard is set out in Table 1 below.
Table 1: Corporate Governance Rating Allocations
|
Standard |
Maximum Rating |
|
|---|---|---|
|
1 |
Board of Directors |
30 |
|
2 |
Audit Committee |
20 |
|
3 |
Management |
50 |
|
Total |
100 |
The ratings for each standard are totaled and then converted to points, based on the following formula:
(G ÷ 100) × 36
in which,
“G” is the total rating of all corporate governance standards
Each standard has a number of specific elements that will be separately assessed during the examination of the credit union or league by the Corporation. There are three ratings that can be obtained: Adequate, Needs Improvement, or Inadequate. Ratings will be assigned for each element within each standard as set out in Tables 2, 3 and 4 below:
Table 2: Board Of Directors
Examination Ratings
|
Elements |
Adequate |
Needs Improvement |
Inadequate |
|---|---|---|---|
|
Practices & Expertise |
12 |
6 |
0 |
|
Human Resources |
4 |
2 |
0 |
|
Risk Management |
9 |
4.5 |
0 |
|
Business Strategy & Business Plans |
5 |
2.5 |
0 |
|
Maximum |
30 |
Table 3: Audit Committee
Examination Ratings
|
Elements |
Adequate |
Needs Improvement |
Inadequate |
|---|---|---|---|
|
Practices & Expertise |
6 |
3 |
0 |
|
Internal Audit |
6 |
3 |
0 |
|
External Audit |
4 |
2 |
0 |
|
Risk Management & Compliance |
4 |
2 |
0 |
|
Maximum |
20 |
Table 4: Management
Examination Ratings
|
Elements |
Adequate |
Needs Improvement |
Inadequate |
|---|---|---|---|
|
Risk Management |
30 |
15 |
0 |
|
Business Strategy & Business Plans |
8 |
4 |
0 |
|
Operational & Financial Results |
7 |
3.5 |
0 |
|
Board Reports |
5 |
2.5 |
0 |
|
Maximum |
50 |
At a minimum, the following will be assessed under each standard and element:
Board Of Directors
Practices and Expertise
- understands and fulfills its responsibilities
- exercises independent judgment
- establishes the training requirements and qualifications for directors and members of the audit committee
- establishes the responsibilities, accountability and authority of the CEO, the audit committee and other board committees, as applicable
- establishes standards of business conduct and ethical behaviour
- evaluates the effectiveness of the board and oversees the responsibilities of the audit committee
- affirms a control environment and ensures that the credit union or league is in control
Human Resources
- selects and evaluates the effectiveness of the CEO
- ensures that management is appropriately skilled and experienced to implement the board’s objectives
- ensures that employee compensation plans are consistent with prudential incentives
Risk Management
- establishes appropriate and prudent risk management policies
- oversees risk management policies and obtains reasonable assurance that the credit union or league is adhering to its risk management policies for significant risks
Enterprise Risk Management (class 2 credit union or league only):
- establishes appropriate and prudent enterprise risk management policies that set out the risk appetite and risk tolerances for all significant risk areas
- reviews and confirms that the credit union’s or league’s risk exposure is aligned with its risk appetite and risk tolerances
Business Strategy and Business Plans
- establishes business objectives of the credit union or league consistent with co-operative principles and approves the credit union’s or league’s business strategy and business plans
- evaluates the credit union’s or league’s actual operating and financial results against business plans and addresses any material variances
Audit Committee
Practices and Expertise
- develops a work plan for all meetings for the year that addresses all the duties and responsibilities set out in the Act and regulations
Internal Audit
- oversees an independent internal audit function to evaluate internal controls and ensures that management has mitigated any material weaknesses
External Audit
- undertakes its duties with respect to the external audit as set out in s.27 of Ontario Regulation 237/09.
Risk Management and Compliance
- takes all reasonable steps to ensure that the credit union or league is in compliance with the Act, regulations and other legislative requirements
- ensures appropriate follow-up on all outstanding issues, weaknesses and deficiencies, including findings and recommendations of examinations and internal and external auditors
Enterprise Risk Management (class 2 credit union or league only):
- reviews management’s identification of the significant risks of the credit union or league in accordance with the Enterprise Risk Management (Erm) policy
- ensures there are ERM processes in place to measure, monitor, manage and mitigate significant risk exposures, including appropriate policies, procedures and controls
- oversees the application of ERM practices and the ongoing identification of emerging risks
- reports to the board on risk exposure levels
Management
Risk Management
- implements appropriate and prudent risk management policies, procedures and controls with respect to the following:
- Capital Management
- Credit Risk Management
- Operational Risk Management
- Market Risk Management
- Structural Risk Management
- Liquidity Risk Management
- monitors the effectiveness of risk management practices and controls for the credit union’s or league’s significant risks
Enterprise Risk Management (class 2 credit union or league only):
- identifies, measures and evaluates significant strategic, business and process risk exposures
- mitigates risk exposures through appropriate risk responses
- monitors the application of risk responses and mitigation strategies
- reports on ERM processes and findings, including the level and direction of risk exposures and extent of risk management activities.
Business Strategy and Business Plans
- develops and implements an appropriate and prudent business strategy and business plans
Operational and Financial Results
- effectively monitors and evaluates the credit union’s actual operating and financial performance and results against business plans and addresses any material variances
- follows-up and addresses all outstanding issues, weaknesses and deficiencies including findings and recommendations of examinations performed on operational and financial processes
Board Reports
- provides the board of directors with timely, relevant, accurate reports on the implementation of the credit union’s or league’s business strategy, business and financial plans and any material risk that may affect the business objectives and financial stability of the credit union or league
(147-G192E)