| File Type: | Pension |
|---|---|
| File Number: | P0300-2007 |
| File Name: | 10 Toronto Street Inc. (The Ravelston Corporation Limited) |
| Act: | Pension Benefits Act |
| Plan Name: | Pension Plan for Employees of The Ravelston Corporation Limited, Registration No. 219006 |
| Applicant: | 10 Toronto Street Inc. Counsel: Stephanie Kalinowski, Hicks Morley Hamilton Stewart Storie LLP |
| Respondent: | Superintendent of Financial Services, Counsel: Mark Bailey |
| Party: |
Morneau Sobeco Limited, Counsel: Mahmud Jamal, Osler Hoskin Harcourt LLP |
| Panel: |
Elizabeth Shilton (Chair) |
| Hearing Date Information: |
10/04/2007 Pre-Hearing Conference; cancelled |
| Next Appearance Date: |
|
|
File Summary: (Go to latest update) |
On July 31, 2007, 10 Toronto Street Inc., (the “Applicant”), requested a hearing regarding the Notice of Proposal of the Deputy Superintendent, Pensions, dated July 27, 2007, to Make an Order under section 69 of the Pension Benefits Act (the "Act"), that the Pension Plan for Employees of The Ravelston Corporation Limited be wound up effective December 31, 2005. The Notice of Proposal was addressed to the Applicant, Morneau Sobeco Partnership Limited as Administrator and RSM Richter as Interim Receiver, Receiver and Manager, and Monitor for Ravelston Corporation. The Notice of Proposal indicates the reason for the order is that there was a cessation or suspension of employer contributions to the pension fund. On August 16, 2007, an application for party status was filed by Morneau Sobeco Limited. A pre-hearing conference is scheduled for October 4, 2007. Updated to August 20, 2007 On October 1, 2007 the Applicant withdrew the Request for Hearing. The Tribunal cancelled the pre-hearing conference scheduled for October 4, 2007, and closed its file. |
| Additional Notes: |
|
