✔︎ Bill C-228, Pension Protection Act
Voted yea. Bill adopted.
Bill
Bill C-228, An Act to amend the Bankruptcy and Insolvency Act, the Companies’ Creditors Arrangement Act and the Pension Benefits Standards Act, 1985
Vote
Yea.
Rationale
Bill C-228 gives “super-priority” for unpaid special payments and unfunded pension liabilities for defined benefit pension plans in Bankruptcy and Insolvency Act liquidations, and BIA and Companies’ Creditors Arrangement Act restructurings.
Passed.
Bill Status
Royal Assent received