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 Goodwill Industries of Toronto, Registration Number 0594978.

TO:

Deborah Thompson
Training Specialist
Group Retirement Services
London Life Insurance Company
255 Dufferin Avenue
London ON N6A 4K1

Administrator

AND TO:

Keiko Nakamura
Chief Executive Officer
Goodwill Industries of Toronto, Eastern, Central and Northern Ontario
350 Progress Avenue
Scarborough ON M1P 2Z4

Employer

AND TO:

Angela K. Pollard
President
Pollard & Associates Inc.
31 Wright Street
Richmond Hill ON L4C 4A2

Trustee in Bankruptcy

AND TO:

Canadian Airport Workers Union
2985 Drew Road, Suite 216
Mississauga ON L4T 0A4

Union Representative

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 Goodwill Industries of Toronto, Registration Number 0594978 (the “Plan”).

THE SUPERINTENDENT OF FINANCIAL SERVICES THEREFORE ORDERS that the Plan be wound up in full under section 69 of the PBA effective January 17, 2016 for the reasons set out in the Notice of Intended Decision.

DATED at Toronto, Ontario, this 22nd day of July, 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