Hundreds of retirees and workers across Canada have been or will be victims of benefit cuts to their supplemental pension plan because of the bankruptcy or insolvency of their former employer,
A vote on the text of this petition passed unanimously in the National Assembly of Quebec on February 14, 2012,
The CLC convention on May 7, 2014, urged the Canadian Labour Congress and unions across the country to encourage the entire Canadian workforce to join together in the fight to amend Canada’s bankruptcy legislation,
We, the undersigned, Canadian citizens and workers, call upon the Government of Canada to reform the Companies’ Creditors Arrangement Act so that supplemental pension plans are treated as priority creditors in the event of a corporate bankruptcy or restructuring.
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