Disclaimer
This is a reproduction of a Consent as issued and is provided for reference purposes only. In the event of an inconsistency, the Consent 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, as amended (the “PBA”);

AND IN THE MATTER OF a Notice of Intended Decision of the Superintendent of Financial Services to consent under section 78(1) of the PBA to a payment out of the pension fund for the Thales Canada Inc. Pension Plan for Employees of the Transportation Solutions Domain, Registration Number 0956904 (the “Plan”).

TO:

Thales Canada Inc.
105 Moatfield Drive, Suite 100
Toronto ON  M3B 0A4

Attention:

Ms. Kelly Dwyer
Compensation and Benefits

Applicant and Employer

AND TO:

Ms. Nathalie Perreault
Mercer (Canada) Limited
1981, McGill College Avenue, Suite 800
Montréal QC  H3A 3T5

CONSENT

ON OR ABOUT September 20, 2018, the Superintendent of Financial Services issued a Notice of Intended Decision in respect of the Thales Canada Inc. Pension Plan for Employees of the Transportation Solutions Domain, Registration Number 0956904, to consent, pursuant to section 78(1) of the PBA, to payment out of the Plan to Thales Canada Inc. in the amount of $131,600 as at December 31, 2013, plus adjustments to the actual date of payment.

Si vous désirez recevoir cet avis en français, veuillez envoyer votre demande immédiatement à: Adjointe, audiences, Greffe, Commission des services financiers de l’Ontario, 5160 rue Yonge, boîte 85, Toronto ON M2N 6L9.

NO REQUEST FOR HEARING was delivered to the Financial Services Tribunal by the Applicant or any other party within the time prescribed by section 89(6) of the PBA.

THE SUPERINTENDENT OF FINANCIAL SERVICES THEREFORE CONSENTS, for the reasons set out in the Notice of Intended Decision, to the payment out of the Thales Canada Inc. Pension Plan for Employees of the Transportation Solutions Domain to Thales Canada Inc. in the amount of $131,600 as at December 31, 2013, plus adjustments to the actual date of payment.

DATED at Toronto, Ontario, this 20th day of December, 2018.

Original signed by

Mathew Ou
Director, Pension Plans Branch (Acting)
by Delegated Authority from the
Superintendent of Financial Services

 

Queen's Printer for Ontario, 2018