Financial Services Commission of Ontario

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Trustees of the Canadian Commercial Workers Industry Pension Plan

Charges laid on June 27, 2006 against persons who were trustees of the Canadian Commercial Workers Industry Pension Plan during 2002 and 2003 for failing to exercise the care, diligence and skills in the administration and investment of the pension fund that a person of ordinary prudence would exercise and for failing to supervise the investment committee as agent of the Board in a prudent and reasonable manner and for failing to comply with certain quantitative investment limits.  First appearance July 26, 2006, second appearance August 16, 2006, third appearance September 6, 2006.  Put over to October 11, 2006.

Updated on September 30, 2006

Fourth appearance on October 11, 2006, fifth appearance November 12, 2006, put over to December 13, 2006 to be spoken to.  Judicial pre-trial scheduled for December 12, 2006.

Updated on November 30, 2006

Sixth appearance on December 13, 2006, put over to February 15, 2007 to accommodate continuation of the judicial pre-trial scheduled for February 6, 2007.

Updated on December 31, 2006

Matter spoken to on December 13, 2006.  The pre-trial conference continued on February 6, 2007.  The matter was spoken to on February 15, 2007 and March 7, 2007.  The pre-trial conference continued on April 13, 2007.  The matter is to be spoken to on May 2, 2007.

Updated on April 16, 2007

On May 2, 2007, this matter was spoken to. The pre-trial conference is scheduled to continue on September 17, 2007. The trial has now been scheduled for February 11, 2008, March 25 to 28, 2008 and April 1 to 4, 2008. The next Court appearance is on October 3, 2007.

Updated on September 5, 2007

The defendants requested an adjournment of the February to April 2008 trial dates.  The adjournment request was granted at the pre-trial conference on September 17, 2007.  New trial dates have been scheduled for September 8, 2008 to October 17, 2008 (excluding September 30, October 1 and October 9, 2008).  These dates were confirmed at the October 3, 2007, court appearance.  A further continuation of the pre-trial conference is scheduled for March 25, 2008.

Updated on October 9, 2007

The pre-trial was continued on March 25, 2008, and a further continuation of the pre-trial is scheduled for May 16, 2008.

Updated on April 16, 2008

A further continuation of the pre-trial conference is scheduled for June 24, 2008.

Updated on June 4, 2008