IN THE MATTER of the Pension Benefits Act, R.S.O. 1990, c. P.8, as amended (the Act);
AND IN THE MATTER of a Proposal of the Superintendent of Financial Services to make an Order under section 69 of the Act, respecting the Pension Plan for the Employees of First Place, Hamilton (the Plan) Registration Number 1117217.
London Life Financial
255 Dufferin Avenue
London, ON N6A 4K1
First Place, Hamilton
300-350 Hamilton East
Hamilton, ON L8N 3Y3
Mintz & Partners Limited
1 Concorde Gate, Suite 200
Toronto, ON M3C 4G4
NOTICE OF PROPOSAL TO MAKE AN ORDER
I PROPOSE TO MAKE AN ORDER under section 69 of the Act that the Plan be wound up effective November 30, 2005 for the following reasons and such further reasons that may come to my attention:
There was a cessation or suspension of employer contributions to the pension fund.
The employer failed to make contributions to the pension fund as required by this Act.
YOU ARE ENTITLED TO A HEARING by the Financial Services Tribunal
(the Tribunal) pursuant to section 89(6) of the Act, if, within thirty (30) days after the Notice of Proposal is served on you, you deliver to the Tribunal a written notice that you require a hearing. Any notice requiring a hearing shall be delivered to the:
Financial Services Tribunal
5160 Yonge Street
Attention: The Registrar
FOR FURTHER INFORMATION, contact the Registrar of the Tribunal by phone at
416- 226-7752, toll free at 1-800-668-0128, ext. 7752, or by fax at 416-226-7750.
IF YOU DO NOT DELIVER TO THE TRIBUNAL, WITHIN THIRTY (30) DAYS FROM THE DATE THIS NOTICE OF PROPOSAL IS SERVED ON YOU, A WRITTEN NOTICE THAT YOU REQUIRE A HEARING, I MAY MAKE THE ORDER PROPOSED HEREIN.
DATED at Toronto, Ontario, this 10th day of May, 2006.
K. David Gordon
Deputy Superintendent, Pensions
*NOTE—PURSUANT to section 112 of the Act any notice, order or other document is sufficiently given, served, or delivered if delivered personally or sent by first class mail and any document sent by first class mail shall be deemed to be given, served, or delivered on the seventh day after mailing.