According to the Prime Minister, it still is the Royal Canadian Navy

Prime Minister Stephen Harper announced today that the Government of Canada is designating May 4th, 2010, as Canadian Navy Centennial Day to mark the Royal Canadian Navy's 100th anniversary of service. The announcement was made during a ceremony in the Senate Chamber on Parliament Hill during which a ship’s bell was presented to the people of Canada by the Navy to show their continued commitment to serve.

"The founding of Canada's navy represents a proud milestone in our history,” said Prime Minister Harper. “In the past 100 years our sailors have developed a reputation for bravery, skill and professionalism from combat in both world wars and Korea to current actions such as delivering aid to Haiti and combating piracy and terrorism in the Arabian Sea. Our Government will continue with its efforts to re-equip Canada’s navy, providing them with the new ships and upgrades needed to get the job done.

“This is a momentous occasion. The navy is honoured by today’s proclamation, and we hope that Canadians will join us in recognizing this milestone in Canadian history," said Vice-Admiral Dean McFadden, Chief of the Maritime Staff.

“The Centennial Bell rededicates the Navy’s commitment to the people of Canada for the next 100 years of service. It stands as a symbol that honours the past, celebrates the Royal Canadian Navy’s achievements and recognizes the navy’s safeguarding of Canadian values of freedom, democracy, respect for human rights and the rule of law,” said Peter MacKay, Minister of National Defence.

The Royal Canadian Navy is planning several events on May 4th and throughout 2010 to mark this significant moment in Canada's naval history within the context of the centennial theme of "Bring the Navy to Canadians." Events are aimed at honouring the past, showcasing the current navy and reinforcing the requirement for the future navy.