IN THE MATTER OF the Pension Benefits Act, R.S.O. 1990, c. P.8 (the “PBA”);

AND IN THE MATTER OF a Notice of Intended Decision of the Superintendent of Financial Services to consent under section 62.1(5) of the PBA to a payment out of the pension fund for the Musicians' Pension Fund of Canada, Registration Number 215145 (the “Plan”).

TO:

Board of Trustees of the Musicians' Pension Fund of Canada
2255 Sheppard Avenue East,
Suite A110
Toronto  ON  M2J 4Y1

Attention:
Ms. Ellen Versteeg-Lytwyn
Executive Director

Applicant and Employer

AND TO:

Mr. Michael Mazzuca
Koskie Minsky LLP
20 Queen Street West, Suite 900
Toronto  ON  M5H 3R3

CONSENT

ON OR ABOUT July 4, 2014, the Superintendent of Financial Services issued a Notice of Intended Decision in respect of the Musicians' Pension Fund of Canada, Registration No. 215145, to consent, pursuant to section 62.1(5) of the PBA, to payment out of the Plan to the participating employer, Swan Records, in the amount of $7,700.28 as at May 3, 2012, with interest thereon.

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 Musicians' Pension Fund of Canada to Swan Records in the amount of $7,700.28 as at May 3, 2012, with interest thereon.

DATED at Toronto, Ontario, this 29th day of August, 2014.

Original Signed By

John Avgeris
Director, Pension Plans Branch
by Delegated Authority from the
Superintendent of Financial Services