Mr. Speaker, I would like to point out that I have colleagues in the House, such as the Minister of Seniors, who have been working hard on this issue, and that does not stop with this budget. However, I would like to highlight some of the steps that have been taken in this budget.
We have taken a whole-of-government evidence-based approach to addressing these concerns, using all the levers that our government has at its disposal. That is why, through this legislation, we would be establishing tools to promote responsible corporate behaviour toward pensioners and better protect Canadians. These changes include allowing courts to examine executive compensation in insolvency cases to make proceedings fairer and more transparent; establishing better oversight of executive compensation and setting higher expectations for corporate behaviour by mandating shareholders' votes on approaches to compensation; and enhancing income security for Canadians with a disability by ensuring when individuals are in bankruptcy, creditors will not have access to the monies deposited and held in registered disability savings plans. These steps will help ensure that those who need the money or who have a pension will get it.
It does not stop there. We are looking at other ways and avenues to protect our pensioners.