I concur with that, but generally speaking, a subcontracting arrangement means that another corporation is picking up an aspect of a contract you're already engaged in. In this case, Great-West Life is not engaged at all in that pension administration; it's simply a conduit for the payment. I just can't see why two very respectable companies would enter into that kind of agreement, knowing that regular contracting rules were being circumvented before the crown.
On June 12th, 2007. See this statement in context.