IN THE MATTER OF the Pension Benefits Act, R.S.O. 1990, c. P.8, as amended (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 Non-Contributory Pension Plan of AS Canada, ULC, Registration Number 0355297 (the “Plan”).

TO:

AS Canada, ULC
5900 Avebury Road
Mississauga ON  L5R 3M3

Attention:

Kimberley Hollinshead
Plan Administrator

Applicant and Employer

AND TO:

Claire Norville-Buckland, FCIA, FSA
AON Hewitt
255 King Street, Suite 1600
Toronto ON  M5V 3M2

CONSENT

ON OR ABOUT May 4, 2017, the Superintendent of Financial Services issued a Notice of Intended Decision in respect of the Non-Contributory Pension Plan of AS Canada, ULC, Registration Number 0355297, to consent, pursuant to section 62.1(5) of the PBA, to payment out of the Plan to AS Canada, ULC in the amount of $164,600 as at October 31, 2016, 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 Non-Contributory Pension Plan of AS Canada, ULC to AS Canada, ULC in the amount of $164,600 as at October 31, 2016, plus investment earnings thereon to the date of payment.

DATED at Toronto, Ontario, this 10^th day of July, 2017.

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

© Queen's Printer for Ontario, 2017