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Decentralized Democracy

House Hansard - 89

44th Parl. 1st Sess.
June 15, 2022 02:00PM
Context: House Hansard - 89 - Jun/15/22
Mr. Ryan Turnbull (Whitby, Lib.)
  • Jun/15/22 5:30:56 p.m.
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Mr. Speaker, I rise today to present a petition on behalf of one of my constituents in Whitby, signed by more than 12,000 Canadians from across Canada. Since 1982, more than 250,000 Canadian seniors have suffered the loss of pension income due to corporate insolvency. With over four million Canadians depending on a defined benefit pension for their financial security and retirement, we cannot afford another pension insolvency, like that of Sears or Nortel, which had a negative impact on the financial security of many seniors. This petition calls upon the government, through the Department of Innovation, Science and Economic Development, to work with all Canadian parliamentarians to undertake a direct consultation, generating specific goals and timelines to ensure that vulnerable seniors receive 100% of their pensions that their employers have committed to.
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