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e-1478 (Bankruptcy)

42nd Parliament
Initiated by Mohammed Khan from Hamilton, Ontario, on January 26, 2018, at 1:39 p.m. (EDT)
keywords
Bankruptcy
Bankruptcy and Insolvency Act
Pension guarantees
Preferred creditors
The Petition is open for signature until May 26, 2018, at 1:39 p.m. (EDT)

Petition to the Government of Canada

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 : January 26, 2018, at 1:39 p.m. (EDT)
Closed for signature : May 26, 2018, at 1:39 p.m. (EDT)
Province / Territory
Signatures
Alberta
8
British Columbia
16
Manitoba
1
Newfoundland and Labrador
1
Nova Scotia
2
Ontario
26
Quebec
15
Saskatchewan
1
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