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e-1261 (Bankruptcy)

42nd Parliament
Initiated by Erin Carr from Milton, Ontario, on September 13, 2017, at 1:54 p.m. (EDT)
keywords
Bankruptcy
Bankruptcy and Insolvency Act
Pension guarantees
Preferred creditors
The Petition is open for signature until January 11, 2018, at 1:54 p.m. (EDT)

Petition to the House of Commons

Whereas:
  • Canadian workers rely on their pensions and benefits so they can live and retire with dignity;
  • Canada’s inadequate bankruptcy laws allow failing corporations to take the money intended for their employee’s pensions and benefits, and use it to pay off CEOs, banks and investors instead; and
  • The Liberal party campaigned on improving retirement security for Canadians.
We, the undersigned, residents of Canada, call upon the government of Canada to fix our bankruptcy laws to stop corporations from putting shareholders, banks and creditors ahead of their employees when they file for bankruptcy protection.
Hamilton Mountain
NDP
Ontario
Open for signature : September 13, 2017, at 1:54 p.m. (EDT)
Closed for signature : January 11, 2018, at 1:54 p.m. (EDT)
Province / Territory
Signatures
Alberta
86
British Columbia
209
Manitoba
58
New Brunswick
25
Newfoundland and Labrador
7
Nova Scotia
32
Ontario
852
Prince Edward Island
3
Quebec
420
Saskatchewan
48
Other Countries
5
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