About Us

Plan History

The Towboat Seamen Retirement Plan came into effect June 1, 1973.  It is recognized as a Defined Contribution Plan and is "Federally Registered" and is registered with the Office of the Superintendent of Financial Institutions Canada. 

This Plan is a Jointly Trusteed Board, meaning there are representatives from both union and management.

Administration

The Trustees appoint and work with a team of professional advisors, including administrators, investment managers, investment consultants, actuaries and lawyers. The Trustees have appointed D.A. Townley as our Administrator to handle day to day administration of both the Health Benefits and Pension Plans. The Administrator operates under the overall direction of the Trustees.

D.A. Townley