IN THE MATTER OF the Pension Benefits Act, R.S.O. 1990, c. P.8, as amended (the “PBA”);
AND IN THE MATTER of a Proposal of the Superintendent of Financial Services to make an Order under section 69 of the PBA, respecting the Pension Plan for Employees of The Ravelston Corporation Limited, Registration Number 219006.
Morneau Sobeco Partnership Limited
895 Don Mills Road, Suite 700
One Morneau Sobeco Centre
Toronto ON M3C 1W3
10 Toronto Street Inc.
c/o William E. Aziz
Chief Financial Officer
120 Adelaide Street West
Toronto ON M5H 1T1
RSM Richter Inc.
200 King Street West
Toronto ON M5H 3T4
Interim Receiver, Receiver and Manager, and Monitor for Ravelston Corporation Limited
NO request requiring a hearing was delivered to the Financial Services Tribunal within the time prescribed by subsection 89(6) of the Act respecting a Notice of Proposal to make an Order to wind up the Pension Plan for Employees of The Ravelston Corporation Limited (the “Plan”) for the following reason:
There was a cessation or suspension of employer contributions to the pension fund.
IT IS THEREFORE ORDERED that the Plan be wound up in full effective December 31, 2005.
DATED at Toronto, Ontario, this 9th day of October, 2007
Director, Pension Plans Branch
by delegated authority from the Superintendent of Financial Services
Stephanie J. Kalinowski
Hicks, Morley, Hamilton, Stewart, Storie LLP
Toronto Dominion Tower, 30th floor
Box 371, T-D Centre
Counsel for 10 Toronto Street Inc.
Osler, Hoskin, Harcourt LLP
Box 50, 1 First Canadian Place
Counsel for Morneau Sobeco Partnership Limited