Mr. Speaker, I think all parliamentarians were quite shocked when the retirees and employees of Sears, after it shut down, lost significant amounts of their pensions. I know one of the deficiencies in the bill before the House, and something on which the government chose not to act, was to amend the Bankruptcy Act and other similar legislation that would ensure that workers' pensions would be protected upon bankruptcy.
Does my hon. colleague agree that workers who defer their salaries and wages and put them into company pension plans should have their money protected from creditors in the event of a bankruptcy or is she content with the status quo?