Subjecting only one of these trusts to additional costs and disclosure burdens doesn't seem fair.
We understand that Mr. Hiebert suggested that amendments to the bill should be considered for reasons just stated. We believe that all pension and benefit trusts should be exempt from the requirements of Bill C-377. Examples include the obvious trusts: pension, health and welfare, employee life and health trusts, supplemental unemployment, etc.
There are also other organizations that would be subject to the bill, including Helmets to Hardhats, an organization that provides careers in the construction trades for returning veterans, and Effective Reading in Context, whose goal is to enhance literacy skills of workers. It doesn't seem right to be required to disclose any benefits provided by such organizations.
We believe that many charities will also be subject to the bill, such as United Way, the MS Society of Canada, and the Canadian Diabetes Association. We believe that it's impractical to provide an exhaustive list of all such trusts, corporations, or organizations, and suggest that the best approach to amending Bill C-377 is to simply remove the definition of labour trusts.