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 Pension Plan for Unionized Employees of Best Foods Canada Inc. at Cardinal, Ontario, Registration Number 0240366 (the “Plan”).

TO:

Unilever Canada Inc.
800 Sylvan Avenue
Englewood Cliffs NJ 07632
USA

Attention:
Ms. Susan Long
Benefits Manager - Retirement Plans

Applicant and Employer

AND TO:

Ms. Ariella Fuhrmann
Mercer (Canada) Limited
800 – 120 Bremner Boulevard
Toronto ON M5J 0A8

CONSENT

ON OR ABOUT June 3, 2015, the Superintendent of Financial Services issued a Notice of Intended Decision in respect of the Pension Plan for Unionized Employees of Best Foods Canada Inc. at Cardinal, Ontario, Registration No. 0240366, to consent, pursuant to section 62.1(5) of the PBA, to payment out of the Plan to Unilever Canada Inc. in the amount of $16,668, as at March 1, 2013, 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 Pension Plan for Unionized Employees of Best Foods Canada Inc. at Cardinal, Ontario to Unilever Canada Inc. in the amount of $16,668, as at March 1, 2013, plus investment earnings thereon to the date of payment

DATED at Toronto, Ontario, this 12th day of November, 2015.

Original Signed By

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