Mr. Speaker, I think every member of Parliament and senator recognizes and sympathizes with the difficult situation facing Nortel pensioners and long-term disability recipients.
Unfortunately, in the committee studying two private member's bills on these issues, witness after witness has said that neither bill would actually help former employees of Nortel. In fact, many witnesses have pointed out that these bills would lead to more bankruptcies and could have a significant negative impact on the pensions of other Canadians.