Mr. Speaker, it is my privilege as the member of Parliament for Durham to rise to speak again at second reading debate on my private member's Bill C-405 on pensions, and particularly bringing to the attention of all Canadians the risks that are inherent with defined benefit pension plans that are underfunded at a time that the company is approaching insolvency challenges.
In my last speech, I spoke a lot about the underpinnings of insolvency law in Canada, both the Bankruptcy and Insolvency Act and also the Companies' Creditors Arrangement Act, which is for larger companies.
Many Canadians might be aware that there have been a lot of challenges with pensioners' benefits—