Olympia Trust Company to Expand into the Province of Quebec
05 9월 2012 - 8:10AM
PR Newswire (Canada)
CALGARY, Sept. 4, 2012 /CNW/ - Olympia Financial Group Inc. is
pleased to announce that its wholly-owned subsidiary Olympia Trust
Company ("Olympia") has been granted a license to operate as a
non-deposit taking trust company in the Province of Quebec.
The license was granted by the Autorité des marchés financiers
("AMF") pursuant to An Act Respecting Trust Companies and Savings
Companies (Quebec). As Quebec is the second most populous province
in Canada (having a population of approximately 8 million people),
Olympia is eager to expand its registered plans division and
foreign exchange division into this significant Canadian
marketplace. Olympia anticipates opening an office in
Montreal, Quebec prior to year end. Olympia will operate in
the Province of Quebec under both its English name and its French
name, being Société de Fiducie Olympia. Olympia was also granted
licenses to operate in Prince Edward Island and Newfoundland and
Labrador on May 31, 2012 and May 29, 2012, respectively. As
such, Olympia is now permitted to operate as a non-deposit taking
trust company in Alberta, British Columbia, Saskatchewan, Manitoba,
Quebec, Prince Edward Island and Newfoundland and Labrador.
Olympia has filed applications for trust licenses in the Provinces
of Nova Scotia and New Brunswick. Neither TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. Olympia Financial
Group Inc. CONTACT: For further information, contact Rick Skauge,
President, at (403)261-7501, e-mail ricks@olympiatrust.com or visit
thewebsite www.olympiatrust.com.
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