Mr. Speaker, in this time of growing economic crisis, hundreds of families in my riding of Brampton—Springdale are losing their jobs, being laid off and let go.
Chrysler eliminated its third shift. The result: 1,100 people jobless. ABC Plastics closed its doors. The result: hundreds of workers unemployed.
Now Nortel claims bankruptcy and its workers are listed as unsecured creditors. The result: no pay for their work.
What steps will be taken to ensure that employees of bankrupt companies are protected as secured creditors and that they get paid for their hard work.