I'm happy to confirm that the nature of insolvency is that it is a federal responsibility. The rules that provide for the orderly insolvency process cover all creditors and debts of companies in the BIA and CCAA process. This would mean that pensions, regardless of their regulator, would be creditors to an insolvency that's presided over by federal legislation, which this bill amends.
On October 17th, 2022. See this statement in context.