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 (providing protection for beneficiaries of long term disability benefits plans)

This bill is from the 40th Parliament, 3rd session, which ended in March 2011.

Sponsor

Mark Eyking  Liberal

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

Status

Second reading (House), as of March 11, 2011
(This bill did not become law.)

Summary

This is from the published bill.

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.

Similar bills

C-610 (40th Parliament, 3rd session) Protection of Beneficiaries of Long Term Disability Benefits Plans Act

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-624s:

C-624 (2014) An Act to amend the National Anthem Act (gender)

Protection of Beneficiaries of Long Term Disability Benefits Plans ActRoutine Proceedings

February 11th, 2011 / 12:05 p.m.

Liberal

Mark Eyking Liberal Sydney—Victoria, NS

moved for leave to introduce Bill C-624, An Act to amend the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act (providing protection for beneficiaries of long term disability benefits plans).

Mr. Speaker, last Christmas this government left a lump of coal in the stockings of 400 sick and disabled Canadians when the Prime Minister ordered senators to kill a bill that would have prevented their medical benefits from being cancelled.

Aside from it being a right and decent thing to do, Bill S-216 was legally prudent, fiscally sound, and would have saved taxpayers millions of dollars. Despite this, the Prime Minister turned his back on hundreds of sick and disabled Canadians.

Today, I am tabling the bill that would right this wrong and restore the medical and income benefits needed by this group of disabled Canadians. It would also make sure that the rest never find themselves in this situation.

Canadians deserve better than to be thrown to the wolves when they get sick. This bill will work to protect some of the most vulnerable people from having their sick benefits taken away when they are needed the most.

I am happy to present this, proud to support it, and hope that all members will do the same thing.

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