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 the Employees of Architectural Precast Systems Inc. and Affiliated Companies, Registration  Number 1026889

 

TO:

Madalena Winhold
Manulife Financial
Group Retirement Solutions
25 Water Street S
Del. Stn. KC 6
Waterloo, ON N2G 4Z5

Administrator

AND TO:

Elisabeth Graham
Plan Administrator
Architectural Precast System Inc.
121 Bales Road, PO Box 207
Newmarket ON  L3Y 4X1

Employer

AND TO:

John Samson
Trustee
Crowe Soberman Inc.
1100-2 St. Clair Avenue E
Toronto ON  M4T 2T5

Trustee in Bankruptcy

 


ORDER

No request requiring a hearing was delivered to the Financial Services Tribunal within the time prescribed by subsection 89(6) of the PBA respecting a Notice of Intended Decision to make an Order to wind up The Pension Plan for the Employees of Architectural Precast Systems Inc. and Affiliated Companies, Registration Number 1026889 (the “Plan”).

IT IS THEREFORE ORDERED that the Plan be wound up in full effective July 31, 2012,  for following reasons:

The employer is bankrupt within the meaning of the Bankruptcy and Insolvency Act (Canada).


DATED at Toronto, Ontario, this 25th day of March, 2015.

Original Signed By

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

© Queen's Printer for Ontario, 2015