Counsel for all the parties attended a telephone case conference with Justice Hoy on February 22, 2007 to report on the status of settlement negotiations. Counsel for the plaintiffs reported that a counter-proposal to settle the litigation was delivered to Canada Life on December 21, 2006. Canada Life advised that it intended to deliver a further proposal by March 16, 2007. All counsel agreed to attend the mediation previously ordered by Justice Hoy.
Canada Life delivered its second proposal on March 16, 2006. At the request of Canada Life, the mediation was adjourned from March 26-27 to April 24-25, 2007, to give the parties additional time to consider their positions in light of the March 16 offer.
Counsel for the parties will be attending a telephone case conference with Justice Hoy on April 16, 2007.
We will continue to advise the membership of ongoing developments as they arise.
REMINDER- YOU NEED TO RENEW YOUR VOTING MEMBERSHIP ANNUALLY
All current voting members who have not yet done so need to renew their membership for the 2006-2007 year by forwarding the $25 annual renewal fee, payable to CLPENS, to:
CLPENS Group
P.O. Box 37036
6502 Yonge St.
North York, Ont.
M2M 4J8
President: Wib Antler
Vice President: Ed Barrett
Secretary and Treasurer: Gary Nummelin
Committee Members: Phil Davy, Alex Harvey, David Kidd, Jim Martin, Shriram Mulgund, Brian Lynch, Fred Taggart
NOTE: Previous newsletters are available on our website. The Group's website is www.clpens.com . If you have information or opinions to share with us, send your submission to clpens@rogers.com .