Thanks All.
I was checking the source where I got the payee name without THE and I found it
http://www.cic.gc.ca/english/information/applications/guides/5609ETOC.asp#pay
Obtaining an original receipt form–Inside Canada
Payment of fees using the Fee Payment Form
Complete the Fee Payment Form – Application for Permanent Residence (IMM 5620) (PDF, 631.88 KB) and include it with your application to the CIO.
In Canadian funds only, you may pay
by certified cheque, bank draft or money order made payable to the “Receiver General for Canada”, or
with a credit card (Visa, MasterCard, American Express)
Note: Certified cheques, bank drafts and money orders may have expiry dates. When you submit your application to the CIO, the expiry date must be at least (5) five months into the future.