FST Home | FSCO Home | Sitemap | Contact | Français  
Search:

Financial Hardship Decisions
dots
Insurance Decisions
dots
Loan & Trust Decisions
dots
Mortgage Decisions
dots
Paralegal/SABS Representative Decisions
dots
Pension Decisions
dots

FST Hearing - Wabi Iron & Steel Corp.

File Type: Pension
File Number: P0316-2008
File Name: Wabi Iron & Steel Corp.
Act: Pension Benefits Act
Plan Name: Pension Plan for Employees of Wabi Iron & Steel Corp., Registration No. 1001916
Applicant: Wabi Iron & Steel Corp., Representative: Peter Birnie
Respondent: Superintendent of Financial Services, Counsel: Deborah McPhail
Party: United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union Local 2020, Counsel: Cathy Braker
Panel: Ralph Scane (Chair), John Solursh, Heather Gavin
Hearing Date Information: 10/16/2009 (Hearing) cancelled
06/15/2009 (Hearing) adjourned
04/09/2009 (Pre-Hearing Conference by Teleconference)
03/31/2009 (Hearing) adjourned
01/23/2009 (Pre-Hearing Conference by Teleconference)
01/21/2009 (Settlement Conference)
10/30/2008 (Pre-hearing Conference)
Next Appearance Date:
File Summary:
(Go to latest update)

On July 17, 2008, Wabi Iron & Steel Corp., (the “Applicant”), filed a request for hearing regarding the Notice of Proposal of the Deputy Superintendent, Pensions, dated June 27, 2008, to make an Order that The Pension Plan for Employees of Wabi Iron & Steel Corp., Registration No. 1001916 (the “Plan”), be wound up as at November 1, 2007 under section 69(1)(b) of the PBA and an Order under sections 55(2) and 87(2)(c) of the PBA that Wabi Iron & Steel Corp. remit all outstanding contributions to the Plan.

On July 30, 2008 an application for party status was filed by the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, Local 2020.

A pre-hearing conference is being scheduled.

Updated to August 8, 2008

A pre-hearing conference is scheduled for October 30, 2008.

Updated to September 12, 2008

At a pre-hearing conference on October 30, 2008, full party status was granted to the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, Local 2020.  The parties indicated their willingness to participate in a settlement conference.  The settlement conference is scheduled for January 21, 2009.  A hearing is scheduled for March 31, 2009, in the event the matter does not settle.

Updated to November 24, 2008

At a continuation of the pre-hearing conference on January 23, 2009, the parties advised the Tribunal that they continue to work towards a settlement in the matter and requested an adjournment of the March 31st hearing date.  The Tribunal granted the adjournment and rescheduled the hearing to June 15, 2009 in the event the matter does not settle.

Updated to February 13, 2009

On May 7, 2009, the parties advised that they continue to work towards a potential resolution of the matter and requested on consent, an adjournment of the June 15, 2009 hearing date.  The Tribunal granted the adjournment and rescheduled the hearing to October 16, 2009.

Updated to May 21, 2009

On August 31, 2009, the Applicant withdrew its request for hearing as the matter was settled.  The Tribunal closed its file.

Updated to September 18, 2009

 

Additional Notes:

WHAT'S NEW @ FST?