Disclaimer
This is a reproduction of an ORDER as issued and is provided for reference purposes only. In the event of an inconsistency, the ORDER 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, as amended (the “PBA”);

AND IN THE MATTER of a Notice of Intended Decision of the Superintendent of Financial Services to make an Order under section 83 of the PBA, respecting the Pension Plan for Employees of Kraus Inc. and Strudex Fibres Limited Registration Number 0330621.

 

TO:

David Kearney
Principal
Mercer (Canada) Limited
161 Bay Street
P.O. Box 501
Toronto ON M5J 2S5

Administrator


AND TO:

Tim Burt
VP Finance
Kraus Inc., Kraus Canada Inc. and Strudex Fibres Limited
60 Northfield Drive
Waterloo ON N2L 0A8

Employer


AND TO:

Tracey Weaver
Vice President
PricewaterhouseCoopers Inc.
18 York Street, Suite 2600
Toronto ON M5J 0B2

Trustee in Bankruptcy

 

ORDER

NO REQUEST FOR HEARING was delivered to the Financial Services Tribunal within the time prescribed by subsection 89(6) of the PBA respecting the Notice of Intended Decision to make an Order under section 83 of the PBA, declaring that the Pension Benefits Guarantee Fund applies to Pension Plan for Employees of Kraus Inc. and Strudex Fibres Limited, Registration Number 0330621, (the Plan).

THE SUPERINTENDENT OF FINANCIAL SERVICES THEREFORE MAKES THIS ORDER, pursuant to section 83 of the PBA, declaring that the Pension Benefits Guarantee Fund applies to the Plan for the reasons set out in the Notice of Intended Decision.


DATED at Toronto, Ontario, this 24th day of April, 2014.

Original Signed By

John Avgeris
Director, Pension Plans Branch
by Delegated Authority from
the Superintendent of Financial Services

© Queen's Printer for Ontario, 2014