AND IN THE MATTER OF a Proposal of the Superintendent of Financial Services to make an Order under section 69 of the PBA, respecting the Pension Plan for Salaried Employees of 521728 Ontario Limited, Registration Number 581918.
TO:
A.J. Karkheck
Partner
PricewaterhouseCoopers Inc.
Mississauga Executive Centre
One Robert Speck Parkway, Suite 1100
Mississauga, ON L4Z 3M3
Administrator
AND TO:
John Dimitrieff
c/o H.J. Blake, McLean & Kerr
Suite 2800
130 Adelaide Street West
Toronto, ON M5H 3P5
Employer
ORDER
NO request requiring a hearing was delivered to the Financial Services Tribunal within the time prescribed by subsection 89(6) of the Act respecting a Notice of Proposal to make an Order to wind up the The Pension Plan for Salaried Employees of 521728 Ontario Limited (the “Plan”).
IT IS THEREFORE ORDERED that the Plan be wound up in full effective June 30, 1991 for the following reasons:
A significant number of members of the pension plan ceased to be employed by the employer as a result of the discontinuance of all or part of the business of the employer or as a result of the reorganization of the business of the employer.
DATED at Toronto, Ontario, this 1st day of December, 2006
Tom Golfetto
Director, Pension Plans Branch
by Delegated Authority from
the Superintendent of Financial Services
Financial Services Commission of Ontario