Mr. Speaker, recent reports forecast that Hamilton steel producer, Stelco, which is currently under bankruptcy protection, will soon have close to $300 million in the bank. Meanwhile, after the company cut workers' health benefits, pensioners have to apply to a temporary fund for emergency prescriptions or health needs on a first-come, first-served basis.
How can we explain to the 20,000 Stelco retirees that the government allows Canadian companies to bank $300 million while they strip much needed and earned health benefits? When will the government step in and help these retirees?