 Together with her sister HMS Cygnet, Crescent was sold to Canada on 20 October 1936 for a total price of £ 400,000. She was refitted again to meet Canadian standards, including the installation of ASDIC (sonar), and taken over by them on 1 February 1937. The ship was renamed as HMCS Fraser and commissioned into the RCN at Chatham on 17 February. Fraser was assigned to the Canadian Pacific Coast and arrived at Esquimalt on 3 May 1937. She remained there until she was ordered to the East Coast on 31 August 1939.
