2001 Annual Report
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Schedule N - Eckler Partners Ltd. Invoice for the Period
Ended March 31, 2001
April 11, 2001
Ms. Bonnie Tough,
Hodgson Tough Shields DesBrisay O'Donnell,
Barristers & Solicitors,
Suite 550 - 36 Toronto Street,
Toronto ON M5C 2C5
By fax & mail: (416) 304-6406
Dear Bonnie:
Re: Hepatitis C Fund Account for April 2000 to March
2001
Our actual charges for the fiscal year ended March 31,
2001 were:
| Time charges and expenses |
$20,635.00
|
| GST |
1,444.45 |
| |
$22,079.45 |
Against this, we have received retainers at $3,000 per month,
for 12 months, i.e. a total of $36,000.
Thus, you have a credit balance in the amount of $13,920.55
as at March 31, 2001. We will apply this towards our incurred
expenses for the new fiscal year April 2001 to March 2002.
I expect our charges will be higher this year, as we move
closer to the actuarial valuation and become more involved
with data and medical modelling issues.
I have broken down our $20,635 charges (i.e. before GST)
on a monthly basis, with a brief description of the major
activities each month - these are in addition to routine consultations
with the Joint Committee.
| |
Major Activity |
| |
|
|
Apr. '00
|
Review TD asset reports, update payment
amounts and limits for 2000 change in the Pension Index |
| |
|
|
May '00
|
Calculations re investment expense provision
in valuation, data issues, amounts outstanding from PT
governments |
| |
|
|
Jun. '00
|
Data issues, attendance at meeting in Toronto
with Joint Committee, prepare template for monthly financial
summary, various discussions with counsel, with Royal
Trust re quarterly interest calculation and PT governments
- outstanding amounts, travel expense |
| |
|
|
Jul. '00
|
check Royal Trust quarterly interest calculations/allocations,
reconcile to asset statements |
| |
|
|
Aug. '00
|
Data issues, conference call with administrator
and Dr. Krahn re data/modelling issues |
| |
|
|
Sep. '00
|
Towers Perrin Q2 report |
| |
|
|
Oct. '00
|
Check Royal Trust quarterly interest calculations/allocations,
TD asset statements |
| |
|
|
Nov. '00
|
Miscellaneous discussions with counsel,
with Royal Trust re monthly financial summary, Towers
Q3 report |
| |
|
|
Dec. '00
|
Adjustments to PT - outstanding balances,
update payment amounts and limits for change in Pension
Index for 2001, other miscellaneous items |
| |
|
|
Jan. '01
|
Check Royal Trust quarterly interest calculations,
review claims experience, monthly financial summaries,
discussions with counsel |
| |
|
|
Feb. '01
|
Miscellaneous |
| |
|
|
Mar. '01
|
Miscellaneous |
| |
|
The foregoing charges include only those incurred from our
Vancouver office, and do not include any amounts from our
Toronto office, which, I understand, have been invoiced to
you separately.
Please let me know if you need anything further.
Yours truly,
J. Levi
JL/nh
hcv:inv:01
|
