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 Canadian Employees of CPI Corp., Registration Number 0937334.

TO:

Julie Seewald
Senior Consultant
Morneau Shepell Ltd.
895 Don Mills Road
One Morneau Sobeco Centre
Toronto, ON M3C 1W3

Administrator

AND TO:

Carol Harris
Human Resources Department
CPI Corporation
46 Hedgedale Road
Brampton, ON L6T 5L2

Employer

AND TO:

Raj Kashyap
Duff and Phelps Canada Restructuring Inc.
333 Bay Street, 14th Floor
Toronto, ON M5H 2R2

Trustee in Bankruptcy

ORDER

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 69 of the PBA, to wind up The Pension Plan for Canadian Employees of CPI Corp., Registration Number 0937334 (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 6, 2014 for the reasons set out in the Notice of Intended Decision.

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

Original Signed By

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

© Queen's Printer for Ontario, 2015