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 DB Operating Corporation Pension Plan for Bargaining Unit Employees, Registration Number 0972232 (the “Plan”).

TO:

DB Operating Corporation, a subsidiary of
Barrick Gold Corporation
161 Bay Street, Suite 3700
Toronto ON  M5J 2S1

Attention:

Kevin Annett
Head of Financial Planning

Applicant and Employer

AND TO:

Tom Ault
Aon

401 West Georgia Street, Suite 1200
Vancouver BC  V6B 5A1

CONSENT

ON OR ABOUT January 7, 2019, the Superintendent of Financial Services issued a Notice of Intended Decision in respect of the DB Operating Corporation Pension Plan for Bargaining Unit Employees, Registration Number 0972232, to consent, pursuant to section 62.1(5) of the PBA, to payment out of the Plan to DB Operating Corporation, a subsidiary of Barrick Gold Corporation, in the amount of $241,083.44 as at September 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 DB Operating Corporation Pension Plan for Bargaining Unit Employees to DB Operating Corporation, a subsidiary of Barrick Gold Corporation in the amount of $241,083.44 as at September 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