Pension Enforcement Action

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 Retirement Plan for Martinrea Fabco Metallic Canada Inc. - Windsor Hourly, Registration Number 0368530 (the “Plan”).

TO:

Martinrea Fabco Metallic Canada Inc.
3210 Langstaff Road
Vaughan ON L4K 5B2

Attention:
Armando Pagliari
Vice President Human Resources

Applicant and Employer

AND TO:

Terra L. Klinck
Hicks Morley Hamilton Stewart Storie LLP
77 King Street West
39th Floor, Box 371, TD Centre
Toronto ON M5K 1K8

CONSENT

ON OR ABOUT May 13, 2015, the Superintendent of Financial Services issued a Notice of Intended Decision in respect of the Retirement Plan for Martinrea Fabco Metallic Canada Inc. - Windsor Hourly, Registration No. 0368530, to consent, pursuant to section 62.1(5) of the PBA, to payment out of the Plan to Martinrea Fabco Metallic Canada Inc. in the amount of $402,819.40, as at August 31, 2014, plus investment earnings thereon to the 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 Retirement Plan for Martinrea Fabco Metallic Canada Inc. - Windsor Hourly to Martinrea Fabco Metallic Canada Inc. in the amount of $402,819.40, as at August 31, 2014, plus investment earnings thereon to the date of payment.

DATED at Toronto, Ontario, this 22 day of July, 2015.

Original Signed By

Gino Marandola
Director, Pension Plans Branch (Interim)
by Delegated Authority from the Superintendent of Financial Services