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 (the “PBA”);

AND IN THE MATTER OF a Notice of Intended Decision of the Superintendent of Financial Services to consent under section 62.1(5) of the PBA to a payment out of the pension fund for the Defined Benefit Plan for Eligible Employees of QMI-SAI Canada Limited, Registration Number 1195593 (the “Plan”).

 

TO:

QMI-SAI Canada Limited
200-20 Carlson Court
Toronto ON M9W 7K6

Attention:

Daniel London
Regional Director of Finance, Americas SAI Global

Applicant and Employer



CONSENT

ON OR ABOUT October 8, 2015, the Superintendent of Financial Services issued a Notice of Intended Decision in respect of the Defined Benefit Plan for Eligible Employees of QMI-SAI Canada Limited, Registration No. 1195593, to consent, pursuant to section 62.1(5) of the PBA, to payment out of the Plan to QMI-SAI Canada Limited in the amount of $133,829, as at June 30, 2015, plus investment earnings thereon to the date of payment.

Si vous désirez recevoir cet avis en français, veuillez envoyer votre demande immédiatement à: Adjointe, audiences, Greffe, Commission des services financiers de l’Ontario, 5160 rue Yonge, boîte 85, Toronto ON M2N 6L9.

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 Defined Benefit Plan for Eligible Employees of QMI-SAI Canada Limited to QMI-SAI Canada Limited in the amount of $133,829, as at June 30, 2015, plus investment earnings thereon to the date of payment.

DATED at Toronto, Ontario, this 20th day of November, 2015.

Original Signed By

Gino Marandola
Director, Pension Plans Branch (Interim)
by Delegated Authority from the Superintendent of Financial Services


© Queen's Printer for Ontario, 2015