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, as amended (the “PBA”);

AND IN THE MATTER OF a Notice of Intended Decision of the Superintendent of Financial Services to consent under section 78(1) of the PBA to a payment out of the pension fund for the Registered Pension Plan for Designated Employees of Chambers & Cooke (1968) Ltd., Registration Number 475616.

 

TO:

Chambers & Cooke (1968) Ltd.
450 Steelcase Road E
Markham ON L3R 1G2

Attention: Cynthia F. Chambers
President

Applicant and Employer

AND TO:

Viktoria Maguire
Mercer (Canada) Limited
Brookfield Place
161 Bay Street
PO Box 501
Toronto ON M5J 2S5

 

CONSENT

ON OR ABOUT October 23, 2013, the Superintendent of Financial Services caused to be served on Chambers & Cooke (1968) Ltd. a Notice of Intended Decision dated October 23, 2013 to consent, pursuant to section 78(1) of the PBA, to payment out of the pension fund for the Registered Pension Plan for Designated Employees of Chambers & Cooke (1968) Ltd., Registration Number 475616, to Chambers & Cooke (1968) Ltd. in the amount of $1,697,280, as at May 1, 2012, with interest thereon.

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 pension fund for the Registered Pension Plan for Designated Employees of Chambers & Cooke (1968) Ltd., Registration Number 475616, to Chambers & Cooke (1968) Ltd. in the amount of $1,697,280, as at May 1, 2012, plus interest thereon.

 

DATED at Toronto, Ontario, this 15th day of January, 2014.

Original Signed By

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


© Queen's Printer for Ontario, 2014