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 Employees of Architectural Precast Systems Inc. and Affiliated Companies, Registration Number 1026889
Group Retirement Solutions
25 Water Street S
Del. Stn. KC 6
Waterloo, ON N2G 4Z5
Architectural Precast System Inc.
121 Bales Road, PO Box 207
Newmarket ON L3Y 4X1
Crowe Soberman Inc.
1100-2 St. Clair Avenue E
Toronto ON M4T 2T5
Trustee in Bankruptcy
I INTEND TO MAKE AN ORDER under section 69 of the PBA that The Pension Plan for the Employees of Architectural Precast Systems Inc. and Affiliated Companies Registration 1026889 (the “Plan”) be wound up effective July 31, 2012.
I INTEND TO MAKE THE ORDER FOR THE FOLLOWING REASONS:
The employer is bankrupt within the meaning of the Bankruptcy and Insolvency Act (Canada).
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
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 2nd day of February, 2015.
Original Signed By
Lester J. Wong
Deputy Superintendent, Pensions (Interim)
1NOTE - 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, 2015