Madam Speaker, this morning I am honoured to speak to this motion and defend the interests of thousands of workers across Canada. We are not talking about just the workers at Electro-Motive in London and White Birch Paper in Quebec City. We are talking about the large number of workers and retirees who have been directly or indirectly affected by the government's wholesale, reprehensible desertion of their cause.
I would like to sincerely thank my colleague from London—Fanshawe for having moved this motion and for giving me the opportunity to share my thoughts about it on this opposition day.
I will concentrate on the situation in Quebec City, beginning with some background information. It is important to understand all of the ins and outs. What happened at the Stadacona plant in Quebec City had nothing to do with market forces, constraint, profitability issues or anything like that, and everything to do with a manoeuvre that, unfortunately, within the existing legal framework, enabled outright theft, and I am choosing my words carefully. For months, I have been talking to the workers, the union and retirees to gain an understanding of the situation. I have had access to privileged information, and what happened in Quebec City is a real scandal.
Not long ago, on January 11 in Quebec City, White Birch Paper management sent employees a final offer, an ultimatum actually, which a staggering 91% of the employees rejected. We must not forget that, in December, around the holidays, these offers were preceded by a separate offer sent to the Rivière-du-Loup and Masson-Angers plants, which 99% of the workers rejected. From the start, White Birch Paper management has been trying to divide and conquer so that it can exploit Canadian families, families in Quebec City and elsewhere in the province.
On January 12, following what appears to have been an unfounded lockout ordered on December 9, 2011, White Birch Paper announced the permanent closure of the Quebec City plant without giving any reasons for the closure. Management talked about profitability and the impossibility of continuing operations. Unfortunately, White Birch Paper is a privately owned corporation, so it is not transparent and does not disclose information about production, profitability and what was really going on in its three plants. White Birch Paper also has a plant in the United States, where it is facing legal action because of manoeuvres that are considered fraudulent under U.S. law.
In response to the permanent closure, the union prepared a plan, a list of offers to reopen negotiations with management. In the end, management agreed, albeit half-heartedly, and negotiations are currently under way. Although I do not want to assume anything, I think I can guess the outcome. Unfortunately, there is a good chance the workers will be cheated once again, but we must give the negotiations a chance. We have always defended this principle. We defended it last spring during the Canada Post dispute, which was an unjust lockout. Thus, we must give the negotiations a chance.
Another important deadline is February 17, when the parties are scheduled to go back to court, and we know that the company has been under CCAA protection for the past two years. Justice Robert Mongeon will decide what happens next. Justice Mongeon has been very patient and very conciliatory, I might add. He has granted several extensions to allow White Birch Paper to come up with a solution and reach an agreement with its workers. The management of White Birch Paper has therefore had plenty of opportunities to address the challenges presented by the company's so-called difficult situation.
From the information I have gleaned and the conversations I have had with various stakeholders, the reality is that the current owner, Peter Brant, is a social misfit, an enemy of society in general, especially in Canada. Those are the facts.
The first company on the list of creditors is Black Diamond Capital Management, which happens to be the company that would buy back White Birch Paper's assets. White Birch owes Black Diamond Capital Management $157 million. Peter Brant, the current owner of White Birch Paper, is also involved in Black Diamond Capital Management, so this whole affair is quite dubious. I have a serious problem with that.
I do not want to name all of the creditors on that list, but there are several all over the world, particularly in the United States, including Credit Suisse—which is owed $32 million—GE Capital, Merrill Lynch and Dune Capital. White Birch Paper owes tens of millions of dollars to a slew of creditors and investment funds.
What really happened? The hon. member for London—Fanshawe provided an accurate summary of the situation. Unfortunately, under the existing legislative framework, money can be stolen outright, and it is Canadian families who have to pay the price. We are talking about 600 families of workers and as many, if not more, families of pensioners, not to mention a number of company closures. This has an enormous impact. Hundreds of other indirect jobs will also be lost as a result of the closure of the plant in Quebec City alone, not to mention the two other plants in Rivière-du-Loup and Masson-Angers.
Looking at the existing situation, we wonder why the current government is acting as an accomplice in outright theft—theft that, unfortunately, is legal because the laws are not adequate. I will not mention our private member's bill on the Investment Canada Act since the hon. member for London—Fanshawe has already given a clear and brilliant speech on that. I spoke with representatives of the Regroupement des employés retraités White Birch-Stadacona. They were shocked and gave their unconditional support for our bill on the protection of pension plan funds in the case of bankruptcy. The lawyer for the pensioners' association said it best when he stated that this is the law Canada needs to solve the problem.
Our two bills—we are focusing on just these two—are important in order to maintain a balance in industrial labour relations and labour relations in general. At the same time, the government must take responsibility for its people and protect Canada's interests, which it is not doing. We have a legal framework, but it is not necessarily enforced. There are no constraints, as the Investment Canada Act currently demonstrates. The government can close its eyes and say that it is sorry, that it cannot help what is happening, and that it believes the rich and ultra-rich who are basically vulgar social misfits and behave like common criminals by stealing from the people around them.
This government is basically an enemy of workers, pensioners and all Canadian families. A good example of this is the private member's bill that the hon. member for South Surrey—White Rock—Cloverdale is trying to introduce, which directly attacks the ability of workers to associate in order to negotiate in good faith, as equals, with their employers.
The government is handing Canadian families over, with their hands tied, to a few national, but mostly foreign, interests. It is scaring away jobs, billions of dollars in capital and an industrial potential of which we were rightly proud and which we are going to lose because this government has given up and refuses to face reality.
I will end on that point. I do not want to get involved in a chorus of insults. I am being upfront about what is particularly important to me.