Bill E-1261 Petition - Pension Bankruptcy

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Dear CCRetirees Members

The New Democratic Party will table this fall a draft federal law designed to protect private pension funds during bankruptcy and insolvency of companies.

This Bill aims to make that beneficiaries of a private pension fund become secured creditors in the same way that banks, in order to prevent companies from paying shareholders, banks and creditors before their employees and retirees when they begin restructuring or bankruptcy procedures.

CCRetirees, without political partisanship, approve this Bill.

In addition, the NDP and Bloc Quebecois have also implemented a petition so that taxpayers can signal their position to the federal Government. We invite you to sign the petitions online at:  https://petitions.ourcommons.ca

  1. In search, write Bankruptcy
  2. Click on E-1261 ( Bankruptcy) (NDP petition)
  3. Click on Sign the petition
  4. Complete requested personal information
  5. Click on the link you will receive by email to activate your signature
  6. Repeat step 1
  7. Click on E-1165 (Pension System) (Bloc Quebecois petition)
  8. Repeat steps 3 to 5

Petition E-1261 is open for signature until January 11, 2018 and Petition E-1165 is open until November 18,2017.Dear CCRetirees Members

The New Democratic Party will table this fall a draft federal law designed to protect private pension funds during bankruptcy and insolvency of companies.

This Bill aims to make that beneficiaries of a private pension fund become secured creditors in the same way that banks, in order to prevent companies from paying shareholders, banks and creditors before their employees and retirees when they begin restructuring or bankruptcy procedures.

CCRetirees, without political partisanship, approve this Bill.

In addition, the NDP and Bloc Quebecois have also implemented a petition so that taxpayers can signal their position to the federal Government. We invite you to sign the petitions online at:  https://petitions.ourcommons.ca

  1. In search, write Bankruptcy
  2. Click on E-1261 ( Bankruptcy) (NDP petition)
  3. Click on Sign the petition
  4. Complete requested personal information
  5. Click on the link you will receive by email to activate your signature
  6. Repeat step 1
  7. Click on E-1165 (Pension System) (Bloc Quebecois petition)
  8. Repeat steps 3 to 5

Petition E-1261 is open for signature until January 11, 2018 and Petition E-1165 is open until November 18,2017.

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