Kerry (Canada) Inc. v. DCA Employees Pension Committee – 4

June 5, 2007

The Ontario Court of Appeal issued reasons in respect of the appeal by Kerry Canada of the decision of the Divisional Court, and the Plan Member Committee’s cross-appeal in respect of the same decision. The Court overturned the decision of the Divisional Court in respect of the issues of permissible Plan expenses and contribution holidays, and restored the decisions of the Financial Services Tribunal. The Court dismissed the Plan Member Committee’s cross-appeal.

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