DATE: 20050922

DOCKET: C42819

COURT OF APPEAL FOR ONTARIO

RE:

IN THE MATTER OF THE COMPANIES’ CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c. C-36, AS AMENDED

AND IN THE MATTER OF A PLAN OF COMPROMISE OR ARRANGEMENT OF SLATER STEEL INC., SLATER STAINLESS CORP., SOREL FORGE INC., 833840 ONTARIO INC., 1124207 ONTARIO INC. AND 3014063 NOVA SCOTIA COMPANY (Applicants)

AND IN THE MATTER OF SECTION 18.6 OF THE COMPANIES’ CREDITORS’ ARRANGEMENT ACT, R.S.C. 1985, c. C-36, AS AMENDED

AND IN THE MATTER OF SLATER STEELS CORPORATION

BEFORE:

McMURTRY C.J.O., CATZMAN and SIMMONS JJ.A.

COUNSEL:

Gregory M. Sidlofsky

for Confederation of National Trade Unions

Kevin P. McElcheran and Michael McGraw

for PricewaterhouseCoopers Inc.

Fred Myers and Robert J. Chadwick

for Senior Lending Syndicate

James Bunting

for Directors and Officers of Slater Steels

Charles M. Gibson and Thomas Wallis

for La Régie Des Rentes Du Québec

HEARD & RELEASED ORALLY:

June 28, 2005

On appeal from the order of Justice Farley of the Superior Court of Justice dated September 8, 2004.

A P P E A L B O O K E N D O R S E M E N T ON COSTS

[1] Pursuant to the oral reasons delivered by Simmons J.A. (to be attached hereto as an endorsement), the appeal is dismissed. The respondents collectively will be entitled to their costs payable by CSN and The Regie in the amount of $15,000 inclusive of disbursements and G.S.T.