Mr. Speaker, I appreciate the hon. member for Thunder Bay—Superior North raising this critical and pressing issue of pension plans not being protected when corporations go bankrupt. Clearly we need legislation that places corporate pension plans as secured creditors in bankruptcy.
The member mentioned that in his riding, Catalyst Paper's current situation is causing real problems for people in Saanich—Gulf Islands, and people in the Ottawa area know well the disaster that befell so many Nortel workers, particularly those with disability pension plans that they had been counting on.
What does the member think it will take to get government action to protect private pension schemes in bankruptcy?