National Trust – 23
May 21, 2004
The Supreme Court of Canada released its decision in the case of Monsanto Canada Inc. v. Ontario (Superintendent of Financial Services), [2004] 3 S.C.R. 152, in which members of the Plan intervened. In its decision, the Supreme Court held that, on a partial wind-up of a pension plan, Ontario’s legislation requires a portion of surplus assets to be paid out of the pension plan.
