Name reservation

Information Requirements

The applicant is generally expected to provide:

1. its name;

2. the proposed name to be reserved, in English, French, or both; and

3. the purpose for reserving the proposed name.

Administrative Guidance

1. Applicants are reminded that a name reservation only secures the approved name relative to applications submitted to OSFI under the BA, TLCA, ICA and CCAA, as applicable. A name reservation does not address any other requirements that may apply to the applicant’s intended use of that name or its prospective activities in Canada. Accordingly, OSFI recommends that all applicable statutes be reviewed, and the agencies that administer them be consulted, in connection with the name that the applicant is requesting the Superintendent to reserve.

2. The reservation of a name provides no assurance that the reserved name will be acceptable for the purposes of any future application to OSFI and it does not in itself confer any rights to the reserved name.  Further information on protecting a corporate name can be found on the Industry Canada website at http://www.strategis.ic.gc.ca. 

3. An approved name reservation is valid for a period of 90-days. If the applicant’s name has not been approved for use by the Superintendent or Minister, as the case may be, through a subsequent application before the 90-day period expires, the applicant may make a renewed request for a name reservation if the applicant wishes to continue to reserve the name with OSFI.

4. Requests for approval(s) that are addressed in this document (including renewed requests) are subject to a service charge.^{Footnote 1} A wire transfer, cheque or draft should be made payable to the “Receiver General for Canada” for the stipulated amount.