With respect to federally regulated pension plans: (a) how many such plans are currently at risk of default and which plans are so affected; (b) what is the value of each affected plan, how many current and future pensioners does each pension have and what is the average annual amount each pensioner, current and future, would lose in the event of default; (c) what is the government’s position on protecting existing pension benefits in the event of bankruptcy; and (d) does the government support efforts to guarantee pension benefits in the event of bankruptcy and if, so, how?
In the House of Commons on June 19th, 2009. See this statement in context.