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.
TO:
Al Kiel
Partner
Morneau Sobeco Partnership Limited
895 Don Mills Road, Suite 700
One Morneau Sobeco Centre
Toronto ON M3C 1W3
Administrator
AND TO:
10 Toronto Street Inc.
c/o William E. Aziz
Chief Financial Officer
Hollinger Inc.
120 Adelaide Street West
Suite 512
Toronto ON M5H 1T1
AND TO:
Robert Kofman
RSM Richter Inc.
200 King Street West
Suite 1100
Toronto ON M5H 3T4
Interim Receiver, Receiver and Manager, and Monitor for Ravelston Corporation Limited
ORDER
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
___________________________________
Tom Golfetto
Director, Pension Plans Branch
by delegated authority from the Superintendent of Financial Services
COPY TO:
Stephanie J. Kalinowski
Hicks, Morley, Hamilton, Stewart, Storie LLP
Toronto Dominion Tower, 30th floor
Box 371, T-D Centre
Toronto ON
M5K 1K8
Counsel for 10 Toronto Street Inc.
COPY TO:
Anthony Devir}
Osler, Hoskin, Harcourt LLP
Box 50, 1 First Canadian Place
Toronto ON
M5X 1B8
Counsel for Morneau Sobeco Partnership Limited