Disclaimer
This is a reproduction of a NOID as issued and is provided for reference purposes only. In the event of an inconsistency, the NOID 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, (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 Employees of Priszm Inc. Registration Number 1102094

 

TO:

Daniela Mares
Account Representative
Plan Finals
Sun Life Financial
P.O. Box 2025 Stn Waterloo
Waterloo, ON N2J 0B4

Administrator

AND TO:

Craig Richardson
VP Human Resources
Priszm Inc.
101 Exchange Ave.
Vaughan ON  L4K 5R6

Employer

AND TO:

Lana Bezner
Director, Restructuring
Duff & Phelps Canada Restructuring Inc.
1002-200 King Street W
Toronto ON  M5H 3T4

Receiver


NOTICE OF INTENDED DECISION

I INTEND TO MAKE AN ORDER under section 69 of the PBA that the Pension Plan for the Employees of Priszm Inc., Registration Number 1102094 (the “Plan”) be wound up effective October 31, 2012.

I INTEND TO MAKE THE ORDER FOR THE FOLLOWING REASONS

There was a cessation or suspension of employer contributions to the pension fund.

Such further and other reasons as may come to my attention.

 

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
14th Floor
Toronto, Ontario
M2N 6L9

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      22nd       day of November  , 2012


Original Signed By

K. David Gordon
Deputy Superintendent, Pensions

1 NOTE - Pursuant to section 112 of the PBA any Notice, Order or other document is sufficiently given, served or delivered if delivered personally or sent by regular mail and any document sent by regular mail shall be deemed to be given, served or delivered on the fifth day after the date of mailing.


© Queen's Printer for Ontario, 2012