Mr. Speaker, the second petition highlights that before the 2015 federal election, Canadians were clearly promised, in writing, that defined benefit plans that had already been paid for by the employers and pensioners would not be retroactively changed to targeted benefit plans.
Bill C-27, tabled by the finance minister, would precisely permit this change, therefore jeopardizing the retired income security of Canadians who have negotiated defined benefit plans as a form of deferred wages. Therefore, the petitioners are calling on the Government of Canada to withdraw Bill C-27 to amend the Pensions Benefits Standards Act.