Hydro One

Hydro One has appealed the August 1, 2007 decision of the Financial Services Tribunal to the Divisional Court.  The Tribunal decision directed the Superintendent to order a partial wind up of the Hydro One Pension Plan with respect to all management plan members who ceased to be employed by Hydro One from September 1, 2002 to December 31, 2002. 

Updated on September 5, 2007

The Appeal is scheduled to be heard by the Divisional Court on February 8, 2008.

Updated on January 8, 2008

On February 8, 2008, the Divisional Court heard the appeal and reserved its decision.

Updated on February 8, 2008

On March 27, 2008, the Divisional Court dismissed the appeal with costs payable by Hydro One to the management members who were respondents in the appeal.

Updated on April 16, 2008

On April 9, 2008, Hydro One applied to the Court of Appeal for leave to appeal the Divisional Court's decision.

Updated on June 4, 2008

On October 9, 2008, the Court of Appeal granted leave to Hydro One to appeal the Divisional Court’s decision.

Updated on November 4, 2008

The appeal is scheduled to be heard by the Court of Appeal on May 12, 2009.

Updated on January 13, 2009

The appeal has been adjourned from May 12 to September 8, 2009.

Updated on April 21, 2009

On September 8, 2009, the appeal was argued at the Court of Appeal. The Court reserved its decision.

Updated on September 14, 2009

On January 11, 2010, the Court of Appeal released its decision dismissing the appeal.

Updated on February 3, 2010

No application for leave to appeal the Court of Appeal’s decision to the Supreme Court of Canada has been filed.

Updated on April 29, 2010

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