Canada Cooperatives Regulations

21 (1) For the purpose of paragraph 23(a) of the Act, a cooperative name that is confusing with the name of a body corporate is prohibited, unless

• (a) the cooperative name is the name of an existing or proposed cooperative that is the successor to the business of the body corporate and the body corporate has ceased or will, in the immediate future, cease to carry on business under that corporate name and undertakes in writing to dissolve or to change its corporate name before the successor cooperative begins carrying on business under that name;

• (b) subject to subsection (2), the cooperative name of the existing or proposed cooperative sets out in numerals the year of incorporation, or the year of the most recent amendment to the cooperative name, in parentheses; and

• (c) the cooperative name is not otherwise prohibited.

(2) The reference in a cooperative name to the year of incorporation or the year of the most recent amendment to the cooperative name may be deleted two years after its use is introduced, if the cooperative name so changed is not confusing.