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 Proposal of the Superintendent of Financial Services to make an Order under section 69 of the PBA, respecting the Pension Plan for the Employees of I. I. Nash Associates Limited Registration Number 457887
Consultant, Legislation and Plan Governance
The Standard Life Assurance Company
1245 Sherbrooke St. W.
Montreal, Quebec H3G 1G3
I.I. Nash Associates Limited
105 Gordon Baker Road
North York, ON M2H 3P8
IRA Smith Trustee & Receiver Inc.
25 St. Clair Avenue East
Toronto, ON M4T 1M2
Trustee in Bankruptcy
No request requiring a hearing was delivered to the Financial Services Tribunal within the time prescribed by subsection 89(6) of the PBA requesting a Notice of Proposal to make an Order to wind up the Pension Plan for the Employees of I. I. Nash Associates Limited (the “Plan”).
IT IS THEREFORE ORDERED that the Plan be wound up in full effective April 30, 2008 for the following reasons:
The employer is bankrupt within the meaning of the Bankruptcy and Insolvency Act (Canada).
DATED at Toronto, Ontario, this 8th day of April, 2009.
Director, Pension Plans Branch
by Delegated Authority from
the Superintendent of Financial Services