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 69 of the PBA, respecting The Pension Plan for Employees of Sun Pac Foods Limited, Registration Number 0368381

 

TO:

Ms. Sharon Carew
Principal
Mercer (Canada) Limited
161 Bay Street, P.O. Box 501
Toronto, ON M5J 2S5

Administrator


AND TO:

Mr. Garth Rombough
Vice President, Finance
Sun Pac Foods Limited
10 Sun Pac Boulevard
Brampton, ON L6S 4R5

Employer


AND TO:

Mr. Gary Cerrato, CIRP
Vice President
BDO Canada Limited
123 Front Street West, Suite 1200
Toronto, ON M5J 2M2

Receiver

 

ORDER

NO REQUEST OR 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 69 of the PBA, to wind up the The Pension Plan for Employees of Sun Pac Foods Limited, Registration Number 0368381 (the “Plan”).

THE SUPERINTENDENT OF FINANCIAL SERVICES THEREFORE ORDERS that the Plan be wound up in full under section 69 of the PBA effective November 12, 2013 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