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 Herbal Magic, Registration Number 1120302.

TO:

Deborah Thompson
Training Specialist
Great-West Life
255 Dufferin Avenue
London ON  N6A 4K1

Administrator

AND TO:

Cheryl Sproul
Vice President, Talent Management
Herbal Magic Inc.
700 - 1867 Yonge Street
Toronto ON  M4S 1Y5

Employer

AND TO:

Tracey Weaver
Vice President
PricewaterhouseCoopers Inc.
Suite 2600, 18 York Street
Toronto ON  M5J 0B2

Trustee in Bankruptcy


ORDER

NO REQUEST FOR HEARING (Form 1) 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 the Employees of Herbal Magic, Registration Number 1120302  (the “Plan”).

THE SUPERINTENDENT OF FINANCIAL SERVICES THEREFORE ORDERS that the Plan be wound up in full under section 69 of the PBA effective August 7, 2015, for the reasons set out in the Notice of Intended Decision.

DATED at Toronto, Ontario, this 13th day of January, 2016. 

Original Signed By

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

© Queen's Printer for Ontario, 2016