Mr. Speaker, I have to agree with my hon. friend's comment that there are many shortcomings. One interesting one I was looking at, and one my colleague mentioned in his speech, was about the BIA and the CCAA under bankruptcy protection.
The Liberals promised that they were going to fix this and were going to have consultations. The experts gave the government some ideas on how to make sure that workplace health benefits would not be taken away anymore during bankruptcy protection. They also recommended that the government have a pension guarantee fund. They also wanted pensioners to be considered secured creditors and not unsecured creditors.
It was interesting to read what those experts gave the government as great recommendations. They told the government the best way to do it, and it required everyone involved to act in good faith. That is on page 67. That is how the government is going to fix the act. That is how we are going to keep pensioners from being ripped off.
Does my friend agree that this is a great way to fix the act to make sure that pensioners across Canada will no longer be ripped off, with just a handshake and people acting in good faith? I would like his comments, please.