Memorandum

Re: BENEFITS PREMIUMS

In our annual benefits plan review for 2010, we found that the benefit

utilization increased, which means that there was an increase to paid

claims compared to paid premiums. There are many reasons for this

increase. One example is changing employee demographics (i.e. more

employees changing to family coverage to include a spouse and

dependents).

Effective April 1, 2011, there will be an increase of 9.9% to both

extended healthcare premiums (EHC) and dental premiums for all

employees enrolled in the benefit plan. For example, if you are

currently paying $50.00 for EHC premium, your premium will increase

to $54.95. Similarly for dental, if you were paying $50.00, after the

increase you will be paying $54.95.

It is important to note that each employee is impacted differently based

on their benefit class.

If you have any questions, please contact your Human Resources

Advisor Krishna Wint at (905) 477-4006 ext. 2191.