Cross & Associates Manufacturing Inc. - January 29, 2007

IN THE MATTER OF the Pension Benefits Act, R.S.O. 1990, c. P.8 (PBA);

AND IN THE MATTER OF a Proposal by the Superintendent of Financial Services to make an Order under section 78(1) of the PBA consenting to a payment out of the Pension Plan for the Employees of Cross & Associates Manufacturing Inc., Registration Number 1063734.

 

TO:

Cross & Associates Manufacturing Inc.
39 Antares Drive
Nepaean, ON K2E 7Z1

Attention:

Ann Cross
President

Applicant and Employer

 

CONSENT

On or about July 4, 2006, the Superintendent of Financial Services caused to be served on Cross & Associates Manufacturing Inc. a Notice of Proposal dated July 4, 2006 to consent, pursuant to section 78(1) of the PBA, to the payment out of the Pension Plan for the Employees of Cross & Associates Manufacturing Inc., Registration Number 1063734, to Cross & Associates Manufacturing Inc. in the amount of $37,260.19, as at May 25, 2002, plus adjustments.

No Notice requiring a hearing was delivered to the Financial Services Tribunal by the Applicant or any other party within the time prescribed by section 89(6) of the PBA.

THE SUPERINTENDENT OF FINANCIAL SERVICES THEREFORE CONSENTS to the payment out of the Pension Plan for the Employees of Cross & Associates Manufacturing Inc., Registration Number 1063734, to Cross & Associates Manufacturing Inc. in the amount of $37,260.19, as at May 25, 2002, plus adjustments.

DATED at Toronto, Ontario, this 29th day of January, 2007

 

Tom Golfetto,
Director, Pension Plans Branch
by Delegated Authority from
the Superintendent of Financial Services


 
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