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e-3228 (Economy and finance)

E-petition
Initiated by Sandra Levesque from Sept-Îles, Quebec

Original language of petition: French

Petition to the House of Commons

Whereas:
  • Defined benefit pension plans are deferred wages, which are negotiated by labour and management and approved by a collective agreement;
  • The Companies’ Creditors Arrangement Act and the Bankruptcy and Insolvency Act are failing to protect retirees’ defined benefit pension and group insurance plans; and
  • Appropriating deferred wages and cutting insurance coverage have a significant negative impact on retirees’ economic, physical and psychological wellbeing.
We, the undersigned, citizens of Canada, call upon the House of Commons to amend the Companies’ Creditors Arrangement Act and the Bankruptcy and Insolvency Act as proposed in Bill C-253, An Act to amend the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act (pension plans and group insurance plans), to better protect defined benefit pension plans and group insurance plans and, as a result, retirees.
Open for signature
March 4, 2021, at 4:29 p.m. (EDT)
Closed for signature
July 2, 2021, at 4:29 p.m. (EDT)
Photo - Marilène Gill
Manicouagan
Bloc Québécois Caucus
Quebec
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