Mr. Speaker, it is not just workers that are getting squeezed by the government. It is also retirees.
A Quebec Superior Court ruled yesterday that AbitibiBowater can cease paying pension liabilities, putting pensioners at the back of the line. Yet at the height of the crisis this same company thanked its CEO with a whopping $17.5 million pat on the back.
These workers have paid into their pensions for years, and now they are behind the banks and the hedge funds.
When will the government commit to protecting the retirement savings of Canadians?