The following is the judgment delivered by
1. The Court – Having examined the written submissions and heard the oral arguments of counsel, we are not persuaded that the Court of Appeal for Ontario erred in its conclusion that the appeal from the judgment of Gray J. should be dismissed. As it notes, neither the federal Act [Pension Benefits Standards Act, R.S.C. 1970, c. P-8] and regulations, nor the provincial Act [The Pension Benefits Act, R.S.O. 1970, c. 342] and regulations, are designed to deal with what occurred in this case, and the respondents have complied with the requirements of the plan. We would, therefore, dismiss the appeal with costs.
Appeal dismissed with costs.
Solicitors for the appellants: Stikeman, Elliott, Robarts, Bowman, Toronto.
Solicitors for the respondents: Koskie and Minsky, Toronto.