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National Trust

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For more information call us at 1.800.451.3225 |

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Status as at July 26, 2004
The latest AFTER news
Previous updates are archived on this site. Click
here to review them.
Further to our last update on February 2, 2004 click
here, we are still awaiting the Supreme Court of Canada decision in the
Monsanto case which was heard in Ottawa on February 16, 2004. As previously
advised, both Scotiabank (through National Trust) and AFTER were intervenors.
Notwithstanding the above, our lawyers and actuaries continue the process with
their counterparts for Scotiabank, working towards a negotiated settlement for
all constituent groups within the National Trust Pension Plan.
While your Committee had anticipated an earlier resolution, we remain confident
a mutually satisfactory agreement will be forthcoming. Confidentiality issues
prevent us from conveying more details at this time, however, we will continue
with periodic updates via this website.
Thank you for your continued interest and patience.
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