Thank you, Madam Chair.
It is a pleasure to be able to meet in person.
I would like to turn to Mr. St‑Gelais, president of the Comité des retraités de Mines Wabush, from Cliffs.
Mr. St‑Gelais, let me first give you my colleague Marilène Gill's warmest regards and congratulate you on your commitment to pensioners.
Bill C‑253, An Act to amend the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act (pension plans and group insurance plans), could also have been called the Wabush Mines Pensioners' Committee bill, in our opinion, to highlight your overall contribution to this debate.
First, how does having a bill that is not clear affect pensioners?
Bill C‑253 is intended to protect 1.2 million Canadian workers and pensioners from the impact of corporate bankruptcies on the pension funds of retirees and workers.
Could you tell us what the impact of the Cliffs Natural Resources insolvency has been on workers and pensioners?