DEFINITY FINANCIAL CORPORATION ANNOUNCES CONTINUANCE TO CANADA BUSINESS CORPORATIONS ACT ...Middle East

Transition is expected to significantly increase company’s flexibility WATERLOO, ON, Dec. 12, 2023 /CNW/ – Definity Financial Corporation (“Definity”) (TSX: DFY) announced that it will continue to the Canada Business Corporations Act (“CBCA”) on January 1, 2024, adding significant financial flexibility for the company in the pursuit of its objective to become one of the five largest providers of property and casualty insurance in Canada. All necessary approvals for the continuance to the CBCA have now been received. Upon completion of its continuance, Definity will no longer be incorporated under the Insurance Companies Act (Canada) (“ICA”) nor subject to its leverage restrictions. As s

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DEFINITY FINANCIAL CORPORATION ANNOUNCES CONTINUANCE TO CANADA BUSINESS CORPORATIONS ACT ...Middle East

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