An Act to amend the Bankruptcy and Insolvency Act (additional claims)

This bill was last introduced in the 38th Parliament, 1st Session, which ended in November 2005.

Sponsor

Bev Desjarlais  Independent

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

Status

Not active, as of Nov. 14, 2005
(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.

Bankruptcy and Insolvency ActRoutine Proceedings

November 14th, 2005 / 3:10 p.m.
See context

Independent

Bev Desjarlais Independent Churchill, MB

moved for leave to introduce Bill C-442, An Act to amend the Bankruptcy and Insolvency Act (additional claims).

Mr. Speaker, as many are aware, there is an injustice that takes place with workers in the event that a company goes bankrupt. Often a fair amount of their pay is not paid out as a result of the bankruptcy. This bill would ensure that severance or termination pay arising under a collective agreement or legislation, benefits and other payments, including payments required to eliminate any unfunded liabilities of pension plans that provide benefits to workers, as well as commissions and compensation owed to contract workers get paid.

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