Disclaimer
This is a reproduction of a CONSENT as issued and is provided for reference purposes only. In the event of an inconsistency, the CONSENT as issued takes precedence over this reproduction.

 

 
Superintendent of
Financial
Services
 
Ontario Coat of Arms
 
Surintendant des
services
financiers
 

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

AND IN THE MATTER OF a Notice of Intended Decision of the Superintendent of Financial Services to consent under section 62.1(5) of the PBA to a payment out of the pension fund for the Retirement Benefit Plan - Barrie Plant, Dana Canada Corporation, Registration Number 594903 (the “Plan”).

 

TO:

Dana Canada Corporation
Unit 5 – 3550 Schmon Parkway, 1st Floor
Thorold  ON  L2V 4Y6

Attention:

Linda McGlynn
Applicant and Employer

AND TO:

Pierre-Olivier Fecteau           
Towers Watson
South Tower, Suite 1701
175 Bloor Street East
Toronto  Ontario  M4W 3T6



CONSENT

ON OR ABOUT August 15, 2012, the Superintendent of Financial Services issued a Notice of Intended Decision in respect of the Retirement Benefit Plan - Barrie Plant, Dana Canada Corporation, Registration No. 594903, to consent, pursuant to section 62.1(5) of the PBA, to payment out of the Plan to Dana Canada Corporation in the amount of $295,721 as at August 31, 2011, plus interest to the date of payment.

NO REQUEST FOR 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, for the reasons set out in the Notice of Intended Decision, to the payment out of the Retirement Benefit Plan - Barrie Plant, Dana Canada Corporation to Dana Canada Corporation in the amount of $295,721 as at August 31, 2011, plus interest to the date of payment.

 

DATED at Toronto, Ontario, this 11th day of October, 2012.

Original Signed By

Brian Mills
Director, Pension Plans Branch
by Delegated Authority from the Superintendent of Financial Services


© Queen's Printer for Ontario, 2012