Protection of Beneficiaries of Long Term Disability Benefits Plans Act

An Act to amend the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act (protection of beneficiaries of long term disability benefits plans)

This bill was last introduced in the 40th Parliament, 3rd Session, which ended in March 2011.

Sponsor

Judy Sgro  Liberal

Introduced as a private member’s bill. (These don’t often become law.)

Status

Introduced, as of Dec. 15, 2010
(This bill did not become law.)

Summary

This is from the published bill. The Library of Parliament often publishes better independent summaries.

This enactment amends the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act in order that, in bankruptcy proceedings, the status of a preferred claim be conferred to the liabilities of the fund established for the purpose of a long term disability benefits plan and that such fund be used to continue the payment of benefits to the beneficiaries.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, provided by the Library of Parliament. You can also read the full text of the bill.

Protection of Beneficiaries of Long Term Disability Benefits Plans Act
Routine Proceedings

December 15th, 2010 / 3:45 p.m.
See context

Liberal

Judy Sgro York West, ON

moved for leave to introduce Bill C-610, An Act to amend the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act (protection of beneficiaries of long term disability benefits plans).

Mr. Speaker, in March of this year, Senator Art Eggleton presented Bill S-216 in the Senate. In simple terms, that bill would have made certain that hundreds of sick, disabled and dying Canadians had their medical benefits protected in the wake of the collapse of Nortel.

Despite expert testimony of the Senate Banking Committee, which stated that Bill S-216 was both financially sound and legally prudent, partisan considerations in the Senate defeated it last week. Today I am presenting a legislative package that is identical to S-216.

Every now and again, we as legislators are given the opportunity to do something truly good for the people we are here to represent, something that is far bigger than partisan politics. In my mind, this is one of those opportunities.

Together, all of us can prevent these people from being evicted from their homes when their benefits are revoked this Christmas. I ask my colleagues in all parties to do the right thing. Together we can help these desperate and disabled people.

As time is of the essence and this is an urgent situation, I would ask the House for unanimous consent to pass the bill at all legislative stages and to refer it to the Senate for concurrence today.

(Motions deemed adopted, bill read the first time and printed)

Protection of Beneficiaries of Long Term Disability Benefits Plans Act
Routine Proceedings

December 15th, 2010 / 3:45 p.m.
See context

Liberal

Judy Sgro York West, ON

Mr. Speaker, I rise on a point of order. I again ask for unanimous consent. This affects 400 Nortel people, at minimum, who are on long-term disability. Their benefits are finished on December 31. The bill has gone through the Senate. It has had hearings there. Unfortunately, it was rejected at the Senate, but the House could pass it today and refer it to the Senate for concurrence and help those 400 people.