An Act to amend the Pension Benefits Standards Act, 1985 (investment criteria)

This bill was last introduced in the 37th Parliament, 1st Session, which ended in September 2002.

Sponsor

Stéphan Tremblay  Bloc

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

Status

Not active, as of Sept. 20, 2001
(This bill did not become law.)

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.

Bill C-394Statements by Members

November 30th, 2001 / 11:10 a.m.
See context

Bloc

Stéphan Tremblay Bloc Lac-Saint-Jean—Saguenay, QC

Mr. Speaker, a few minutes ago, I held a press conference with Ken Georgetti, the president of the Canadian Labour Congress, a group that represents some 2.5 million workers.

Mr. Georgetti was there to support my bill on socially responsible investment, the objective of which is to increase corporate transparency and accountability with respect to the use of the billions of dollars invested through pension funds.

By requiring pension fund administrators to provide an annual report describing social, ethical and environmental considerations made when choosing investments, Bill C-394 will foster a growing interest among workers in how their pension fund savings are being used.

In addition to my bill, it is important to mobilize workers in order to implement socially responsible investing, which could turn out to be a significant tool in influencing globalization.