Canada Gazette, Part I, Volume 154, Number 26: MISCELLANEOUS NOTICES

June 27, 2020

MONTREAL TRUST COMPANY OF CANADA

REDUCTION OF STATED CAPITAL

As required under subsection 78(5) of the Trust and Loan Companies Act (Canada), notice is hereby given that Montreal Trust Company of Canada (the “Corporation”) intends to apply to the Superintendent of Financial Institutions (Canada) for approval to reduce the stated capital of the common shares of the Corporation in accordance with the special resolution passed by the sole shareholder of the Corporation on June 11, 2020, a copy of which is set out below.

“RESOLVED AS A SPECIAL RESOLUTION THAT

1. Subject to the approval of the Superintendent of Financial Institutions (Canada), and in accordance with section 78 of the Trust and Loan Companies Act (Canada), the stated capital of the Corporation be reduced in one or more payments by October 30, 2020, by an amount of up to $120,000,000 in the aggregate (the “Authorized Limit”) by reducing the stated capital account maintained for its common shares, such amounts to be distributed to the sole shareholder of the Corporation;
2. The directors and officers of the Corporation are hereby authorized and directed to apply under section 78 of the Trust and Loan Companies Act (Canada) for approval of this resolution and such reduction of stated capital;
3. The Corporation’s Chief Financial Officer shall determine the amount and timing of each such reduction of stated capital within the Authorized Limit; and
4. Any officer or director of the Corporation are authorized and directed, for and on behalf of the Corporation, to execute and deliver all such documents and to do such other acts or things as may be determined to be necessary or advisable to give effect to this resolution, the execution of any such document or the doing of any such other act or thing being conclusive evidence of such determination.”

Toronto, June 27, 2020

Montreal Trust Company of Canada

NATIONAL TRUST COMPANY

REDUCTION OF STATED CAPITAL

As required under subsection 78(5) of the Trust and Loan Companies Act (Canada), notice is hereby given that National Trust Company (the “Corporation”) intends to apply to the Superintendent of Financial Institutions (Canada) for approval to reduce the stated capital of the common shares of the Corporation in accordance with the special resolution, passed by the sole shareholder of the Corporation on June 11, 2020, a copy of which is set out below.

“RESOLVED AS A SPECIAL RESOLUTION THAT

1. Subject to the approval of the Superintendent of Financial Institutions (Canada), and in accordance with section 78 of the Trust and Loan Companies Act (Canada), the stated capital of the Corporation be reduced in one or more payments by October 30, 2020, by an amount of up to $100,000,000 in the aggregate (the “Authorized Limit”) by reducing the stated capital account maintained for its common shares, such amounts to be distributed to the sole shareholder of the Corporation;
2. The directors and officers of the Corporation are hereby authorized and directed to apply under section 78 of the Trust and Loan Companies Act (Canada) for approval of this resolution and such reduction of stated capital;
3. The Corporation’s Chief Financial Officer shall determine the amount and timing of each such reduction of stated capital within the Authorized Limit; and
4. Any officer or director of the Corporation are authorized and directed, for and on behalf of the Corporation, to execute and deliver all such documents and to do such other acts or things as may be determined to be necessary or advisable to give effect to this resolution, the execution of any such document or the doing of any such other act or thing being conclusive evidence of such determination.”

Toronto, June 27, 2020

National Trust Company

SCOTIA MORTGAGE CORPORATION

REDUCTION OF STATED CAPITAL

As required under subsection 78(5) of the Trust and Loan Companies Act (Canada), notice is hereby given that Scotia Mortgage Corporation (the “Corporation”) intends to apply to the Superintendent of Financial Institutions (Canada) for approval to reduce the stated capital of the common shares of the Corporation in accordance with the special resolution, passed by the sole shareholder of the Corporation on June 11, 2020, a copy of which is set out below.

“RESOLVED AS A SPECIAL RESOLUTION THAT

1. Subject to the approval of the Superintendent of Financial Institutions (Canada), and in accordance with section 78 of the Trust and Loan Companies Act (Canada), the stated capital of the Corporation be reduced in one or more payments by October 30, 2020, by an amount of up to $100,000,000 in the aggregate (the “Authorized Limit”) by reducing the stated capital account maintained for its common shares, such amounts to be distributed to the sole shareholder of the Corporation;
2. The directors and officers of the Corporation are hereby authorized and directed to apply under section 78 of the Trust and Loan Companies Act (Canada) for approval of this resolution and such reduction of stated capital;
3. The Corporation’s Chief Financial Officer shall determine the amount and timing of each such reduction of stated capital within the Authorized Limit; and
4. Any officer or director of the Corporation are authorized and directed, for and on behalf of the Corporation, to execute and deliver all such documents and to do such other acts or things as may be determined to be necessary or advisable to give effect to this resolution, the execution of any such document or the doing of any such other act or thing being conclusive evidence of such determination.”

Toronto, June 27, 2020

Scotia Mortgage Corporation

TANGERINE BANK

REDUCTION OF STATED CAPITAL

As required under subsection 75(5) of the Bank Act (Canada), notice is hereby given that Tangerine Bank (the “Bank”) intends to apply to the Superintendent of Financial Institutions (Canada) for approval to reduce the stated capital of the common shares of the Bank in accordance with the special resolution, passed by the sole shareholder of the Bank on June 11, 2020, a copy of which is set out below.

“RESOLVED AS A SPECIAL RESOLUTION THAT

1. Subject to the approval of the Superintendent of Financial Institutions (Canada), and in accordance with section 75 of the Bank Act (Canada), the stated capital of the Bank be reduced in one or more payments by October 30, 2020, by an amount of up to $435,530,000 in the aggregate (the “Authorized Limit”) by reducing the stated capital account maintained for its common shares, such amounts to be distributed to the sole shareholder of the Bank;
2. The directors and officers of the Bank are hereby authorized and directed to apply under section 75 of the Bank Act (Canada) for approval of this resolution and such reduction of stated capital;
3. The Bank’s Chief Financial Officer shall determine the amount and timing of each such reduction of stated capital within the Authorized Limit; and
4. Any officer or director of the Bank are authorized and directed, for and on behalf of the Bank, to execute and deliver all such documents and to do such other acts or things as may be determined to be necessary or advisable to give effect to this resolution, the execution of any such document or the doing of any such other act or thing being conclusive evidence of such determination.”

Toronto, June 27, 2020

Tangerine Bank