Minimum contributions to be made monthly
 14. (1) Subject to the maximum total set out in subsection 10 (2), the employer shall make minimum contributions in accordance with this section in the following aggregate amounts: 1. $5 million in total from July 1, 2017 to December 31, 2017. 2. $10 million per year for the years 2018 to 2021 inclusive. 3. $15 million per year for the years 2022 to 2036 inclusive. 4. $5 million in total from January 1, 2037 to June 30, 2037. (2) Subject to section 15, the employer shall make the contributions to each main pension plan in the amounts determined in accordance with subsection (5). (3) The employer shall make the contributions to each main pension plan in equal monthly instalments on or before the last business day of the month in which the contribution is due. (4) For greater certainty, the first monthly contribution under paragraph 1 of subsection (1) is due no later than July 31, 2017. (5) Each valuation report for a main pension plan with a valuation date up to and including December 31, 2018 shall set out the amount of the minimum contributions that shall be paid into the pension fund of each main pension plan using the formula, A × B/C in which, “A” is the aggregate amount of the minimum contributions described in the applicable paragraph of subsection (1), “B” is the amount of the adjusted solvency deficiency of the main pension plan as set out in the initial valuation report for that pension plan, and “C” is the aggregate amount of the adjusted solvency deficiency of all of the main pension plans as set out in the initial valuation reports for the pension plans. (6) Each valuation report for a main pension plan with a valuation date on or after December 31, 2019 shall set out the amount of the minimum contributions that shall be paid into the pension fund of each main pension plan using the formula, A × D/E in which, “A” is the aggregate amount of the minimum contributions described in the applicable paragraph of subsection (1), “D” is the amount of the adjusted solvency deficiency of the main pension plan as set out in the annual report for that pension plan for that year, and “E” is the aggregate amount of the adjusted solvency deficiency of all of the main pension plans as set out in the annual reports for the pension plans for that year. (7) In the formulas set out in subsections (5) and (6), the amounts represented by the expressions “B/C” and “D/E” are to be calculated to eight decimal places. (8) Despite subsections (1) to (7), subsections (9) to (12) apply if the initial valuation report required by section 20 is not filed on or before July 31, 2017. (9) The employer shall make the following monthly contributions to the main pension plans: 1. $126,667 to the Lake Erie Bargaining Unit Plan. 2. $38,083 to the Lake Erie Salaried Plan. 3. $555,833 to the Hamilton Bargaining Unit Plan. 4. $111,583 to the Hamilton Salaried Plan. 5. $1,167 to the Pickle Line Plan. (10) The employer shall make the contributions to each main pension plan set out in subsection (9) on or before the last business day of the month in which the contribution is due. (11) For greater certainty, the first monthly contribution under subsection (9) is due no later than July 31, 2017. (12) The following rules apply after the administrator’s first valuation report is filed: 1. The employer shall discontinue making the monthly contributions set out in subsection (9), beginning with the contribution due in the first month after the valuation report is filed. 2. The employer shall begin making the minimum contributions in accordance with subsections (1) to (7), beginning in the first month after the valuation report is filed. 3. The contributions set out in subsection (9) shall be adjusted as necessary and as soon as practicable to ensure the allocation of the minimum contributions under subsections (1) to (7) are made in accordance with those subsections.