The Ravelston Corporation Limited - October 9, 2007

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

 
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