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, as amended (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 EastGen (United Breeders Inc.) Employees' Pension Plan, Registration Number 0541904 (the “Plan”).

TO:

EastGen Incorporated
7660 Mill Road, RR4
Guelph ON  N1H 6J1

Attention:

Nellie Endeman
Finance Manager

Diane Green
Human Resources Manager

Applicant and Employer

AND TO:

Ayse Kavas
Mercer (Canada) Limited
120 Bremner Blvd., Suite 800
Toronto ON  M5J 0A8

CONSENT

ON OR ABOUT December 18, 2018, the Superintendent of Financial Services issued a Notice of Intended Decision in respect of the EastGen (United Breeders Inc.) Employees' Pension Plan, Registration Number 0541904, to consent, pursuant to section 62.1(5) of the PBA, to payment out of the Plan to EastGen Incorporated, in the amount of $105,276.50 as at April 30, 2018, 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 EastGen (United Breeders Inc.) Employees' Pension Plan to EastGen Incorporated in the amount of $105,276.50 as at April 30, 2018, plus investment earnings thereon to the date of payment.

DATED at Toronto, Ontario, this 13th day of March, 2019.

Original signed by

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

 

Queen's Printer for Ontario, 2019