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 the Union Employees of Kraus Inc., Registration Number 0942979.
Mercer (Canada) Limited
161 Bay Street
P.O. Box 501
Toronto ON M5J 2S5
Kraus Inc., Kraus Canada Inc. and Strudex Fibres Limited
60 Northfield Drive
Waterloo ON N2L 0A8
United Food & Commercial Workers (UFCW)
412 Rennie Street
Hamilton ON L8H 3P5
18 York Street, Suite 2600
Toronto ON M5J 0B2
Trustee in Bankruptcy
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 Union Employees of Kraus Inc., Registration Number 0942979, (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.
Original Signed By
Director, Pension Plans Branch
by Delegated Authority from
the Superintendent of Financial Services