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FederalBill S-1001Royal Assent

Bill S-1001: An Act to authorize Gore Mutual Insurance Company to apply to be continued as a body corporate under the laws of the Province of Quebec

Sponsor: Sen. Tony LoffredaIntroduced October 2, 2025Last checked August 28, 2026
Read the official text on parl.caOfficial version — LEGISinfo, Parliament of Canada

What this bill does

This bill authorizes Gore Mutual Insurance Company, a federally incorporated mutual insurance company based in Cambridge, Ontario, to apply to be continued (re-domiciled) as a body corporate under Quebec provincial law, since no existing legislation permits a federally incorporated insurance company to do so.

Plain-language summary by Legisail.

Business impact

Compliance
This bill directly affects Gore Mutual Insurance Company, a mutual property and casualty insurer headquartered in Cambridge, Ontario. The company's day-to-day operations — underwriting insurance policies, processing claims, and managing policyholder relationships — will transition from federal oversight under the Insurance Companies Act to Quebec provincial regulation. Policyholders and employees of Gore Mutual may experience changes in the regulatory framework governing their coverage and corporate governance. The impact is limited to this single company and does not broadly affect other businesses or industries.

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Where this bill is

Senate

First ReadingJune 3, 2025
Second ReadingJune 11, 2025
Third ReadingOctober 2, 2025

House of Commons

First ReadingOctober 2, 2025
Second ReadingOctober 22, 2025
Third ReadingOctober 22, 2025
Royal AssentNovember 20, 2025
Now law — awaiting coming into force

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At a glance

Bill number
S-1001
Type
Senate Private Bill
Current chamber
Both
Jurisdiction
Federal
Session
45-1
Official record