That is right. I have to be careful of disclosing confidential information.
The situation is going to lead to a tragedy. We can see it coming. There was a financial difficulty in the corporate setting. The workforce was gradually reduced, leaving at the end of the day about 15 or 16 workers, long term employees who, when the administration of the company was about to close, entered into an agreement on the pension. In effect it was a severance package that allowed those people to retire somewhat earlier. It did not disclose that there was a substantial surplus.
The company over a period of several sales always allowed for the surplus to be an asset, in fact the only asset that was being traded. All of this was unbeknownst to the workers and the people who were receiving pension benefits on a monthly basis. That matter was sitting there until very recently. The company has applied to have the surplus paid out. This is going to provoke a major lawsuit. Those employees are going to insist that they somehow participate in this fund, which they fully expected they were going to be able to do.
This situation is multiplied across the country numerous times. All sorts of situations and incidents either are occurring now or are going to explode at some point in the future. There is a crying need for legislation to take care of this situation as soon as possible. Again I congratulate my colleague on the work he has done on this private members' motion. I encourage the government to take it into account.