Canada Business Corporations Regulations, 2001
22 For the purpose of paragraph 12(1)(a) of the Act, a corporate name is prohibited if it connotes that the corporation
(a) carries on business under royal, vice-regal or governmental patronage, approval or authority, unless the appropriate government department or agency consents in writing to the use of the name;
(b) is sponsored or controlled by or is connected with the Government of Canada, the government of a province, the government of a country other than Canada or a political subdivision or agency of any such government, unless the appropriate government, political subdivision or agency consents in writing to the use of the name;
(c) is sponsored or controlled by or is connected with a university or an association of accountants, architects, engineers, lawyers, physicians or surgeons or another professional association recognized by the laws of Canada or a province, unless the appropriate university or professional association consents in writing to the use of the name; or
(d) carries on the business of a bank, a loan company, an insurance company, a trust company, another financial intermediary or a stock exchange that is regulated by a law of Canada or a province, unless the Superintendent of Financial Institutions or the relevant provincial securities regulator consents in writing to the use of the name.
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