Mr. Speaker, Nortel is another example of Conservative mismanagement. Nortel executives and directors just gave themselves another bonus, this time worth $45 million. Meanwhile, employees will lose their separation allowance and will be forced onto employment insurance, at taxpayers' expense, and retirees will lose 31% of their pensions. The Bankruptcy and Insolvency Act comes under federal jurisdiction.
Will the government, which is a creditor but is not attending the hearings, finally take action in the case of Nortel, yes or no?