Mr. Speaker, we share the outrage of the hon. member at the news yesterday. It is incomprehensible that the executives at Nortel would choose to give themselves bonuses, court-authorized or not, at a time when the rest of the country is tightening its belt.
On the issue of pensions, our Parliamentary Secretary to the Minister of Finance has travelled the country over the course of the summer to hear from Canadians on this issue. Coming out of those consultations, we introduced measures to help protect pensioners by requiring companies to fully fund pension benefits on plan termination, make pensions more stable, give pensioners more negotiating powers and modernize the investment rules of pensions.