| File Type: | Pension |
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| File Number: | P0293-2007 |
| File Name: | Royal Canadian Securities Limited (Bowring Gift Shops) |
| Act: | Pension Benefits Act |
| Plan Name: | Bowring Gift Shops Pension Plan Registration No. 488700 |
| Applicant: | Royal Canadian Securities Limited, Counsel: Aubrey Kauffman, Fasken Martineau DuMoulin LLP |
| Respondent: | Superintendent of Financial Services, Counsel: Mark Bailey |
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File Summary: (Go to latest update) |
On April 20, 2007, the Royal Canadian Securities Limited, (the “Applicant”), a secured creditor of Tereve Holdings Limited, requested a hearing regarding the Notice of Proposal of the Deputy Superintendent, Pensions, dated March 21, 2007, to make a Declaration under section 83 of the Pension Benefits Act (the "Act") that the Pension Benefits Guarantee Fund applies to the Bowring Gift Shops Pension Plan, Registration Number 488700 (the “Plan”). A pre-hearing conference is being scheduled. Updated to May 2, 2007 On May 28, 2007, the Applicant advised that a multi-party resolution was agreed to and that settlement discussions were taking place. On June 26, 2007, the Applicant withdrew the request for hearing and the Tribunal closed its file. |
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