IN THE MATTER OF the Pension Benefits Act, R.S.O. 1990, c. P.8, as amended (the “PBA”);
AND IN THE MATTER 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 Retirement Benefit Plan for Local 27 C.A.W. Members of Dana Canada Corporation, Registration Number 1017110 (the “Plan”).
Dana Canada Corporation
Unit 5 – 3550 Schmon Parkway, 1st Floor
Thorold ON L2V 4Y6
Attention: Linda McGlynn
Applicant and Employer
South Tower, Suite 1701
175 Bloor Street East
Toronto Ontario M4W 3T6
NOTICE OF INTENDED DECISION
I INTEND TO CONSENT, under section 62.1(5) of the PBA, to the payment out of the pension fund for the Retirement Benefit Plan for Local 27 C.A.W. Members of Dana Canada Corporation to Dana Canada Corporation, as at August 31, 2011 in the amount of $363,302 plus interest to the date of payment.
I INTEND TO CONSENT FOR THE FOLLOWING REASONS:
YOU ARE ENTITLED TO A HEARING by the Financial Services Tribunal (the “Tribunal”) pursuant to section 89(6) of the PBA. To request a hearing, you must deliver to the Tribunal a written notice that you require a hearing, within thirty (30) days after this Notice of Intended Decision is served on you.1
YOUR WRITTEN NOTICE must be delivered to:
Financial Services Tribunal
5160 Yonge Street
Attention: The Registrar
FOR FURTHER INFORMATION on a Form for the written notice, please see the Tribunal website at www.fstontario.ca or contact the Registrar of the Tribunal by phone at
416-590-7294, toll free at 1-800-668-0128, ext. 7294, or by fax at 416-226-7750.
IF YOU FAIL TO REQUEST A HEARING WITHIN THIRTY (30) DAYS, I MAY CARRY OUT THE INTENDED DECISION AS DESCRIBED IN THIS NOTICE.
DATED at Toronto, Ontario, this 15th day of August, 2012
Original Signed By
K. David Gordon
Deputy Superintendent, Pensions
© Queen's Printer for Ontario, 2012