An Act to amend the Pension Benefits Standards Act, 1985

This bill is from the 37th Parliament, 1st session, which ended in September 2002.

Sponsor

Lorne Nystrom  NDP

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

Status

Outside the Order of Precedence (a private member's bill that hasn't yet won the draw that determines which private member's bills can be debated), as of June 10, 2002
(This bill did not become law.)

Similar bills

C-265 (40th Parliament, 3rd session) An Act to amend the Pension Benefits Standards Act, 1985 (protection of assets)
C-265 (40th Parliament, 2nd session) An Act to amend the Pension Benefits Standards Act, 1985 (protection of assets)
C-388 (38th Parliament, 1st session) An Act to amend the Pension Benefits Standards Act, 1985 (protection of the assets)
C-218 (37th Parliament, 3rd session) An Act to amend the Pension Benefits Standards Act, 1985
C-218 (37th Parliament, 2nd session) An Act to amend the Pension Benefits Standards Act, 1985

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.

Bill numbers are reused for different bills each new session. Perhaps you were looking for one of these other C-474s:

C-474 (2013) Transparency of Payments Made by Mining, Oil and Gas Corporations to Foreign Governments Act
C-474 (2013) Transparency of Payments Made by Mining, Oil and Gas Corporations to Foreign Governments Act
C-474 (2010) Seeds Regulations Act
C-474 (2009) Seeds Regulations Act
C-474 (2007) Law Federal Sustainable Development Act
C-474 (2004) An Act to amend the Bankruptcy and Insolvency Act (unpaid wages to rank first in priority in distribution)

Pension Benefits Standards Act, 1985Routine Proceedings

June 10th, 2002 / 3:05 p.m.


See context

NDP

Lorne Nystrom NDP Regina—Qu'Appelle, SK

moved for leave to introduce Bill C-474, an act to amend the Pension Benefits Standards Act, 1985.

Mr. Speaker, it is an act to amend the Pension Benefits Standards Act to give more protection to members of pension plans. It does that in three or four ways but the highlight of the bill would ensure that there is adequate representation on the boards of trustees and pension committees and on the different counsel to pensions on behalf of the pension holders themselves.

It would also put a limit of some 10% of the amount of money that may be held in securities by the employer of that particular pension plan. This comes out of the problems that were found in Enron a little while ago in the United States. The bill would provide more protection for Canadians in terms of their pension plans.

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