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 make an Order under section 69 of the PBA,respecting the Pension Plan for the Salaried Employees of Grant Forest Products Inc. - Timmins Registration Number 1053008
Mr. Charlie Evans
Senior Vice President
Mississauga Executive Centre
One Robert Speck Parkway, Suite 1100
Mississauga ON L4Z 3M3
Mr. John Chisholm
Grant Forest Products Inc.
161 Bay Street, 27th Floor
Toronto ON M5J 2S1
NO REQUEST OR HEARING was delivered to the Financial Services Tribunal within the time prescribed by subsection 89(6) of the PBA respecting the Notice of Intended Decision to make an order, under section 69 of the PBA, to wind up the Pension Plan for the Salaried Employees of Grant Forest Products Inc. –Timmins Plant, Registration Number 1053008 (the “Plan”).
THE SUPERINTENDENT OF FINANCIAL SERVICES THEREFORE ORDERS that the Plan be wound up in full under section 69 of the PBA effective March 31, 2011 for the reasons set out in the Notice of Intended Decision.
DATED at Toronto, Ontario, this 27th day of February, 2012.
Original Signed By
Director, Pension Plans Branch
by Delegated Authority from the Superintendent of Financial Services
© Queen's Printer for Ontario, 2012