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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
Certified

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
91
British Columbia
270
Manitoba
66
New Brunswick
28
Newfoundland and Labrador
8
Nova Scotia
36
Ontario
971
Prince Edward Island
3
Quebec
481
Saskatchewan
51
Other Countries
5
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