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Finance committee  This will certainly reassure them. In my opinion, it will above all demonstrate the importance of the work of parliamentarians, who are elected in particular to defend the common good and the middle class and to strike a fair balance. We want companies and workers to make money

October 19th, 2022Committee meeting

Nicolas Lapierre

Finance committee  As I said, Bill C‑228 is the result of work and consensus. This was also the case last year for the one presented by Ms. Gill, but I will focus on this one. We spent three years meeting with you in Ottawa. I won't name them, but some parties were extremely concerned that we were

October 19th, 2022Committee meeting

Nicolas Lapierre

Finance committee  The current laws allow companies not to fund pension plans, and everyone accepts that. We wish that wasn't the case, but that's the current situation. We know from the start that there is a shortage of money in the pension scheme. When there is a bankruptcy, it's hard to tell pen

October 19th, 2022Committee meeting

Nicolas Lapierre

Finance committee  Your understanding of the situation is perfect. At least, with this bill, we will improve the chances of retirees, their surviving spouses and active workers to get more money in the event of a wind-up process. This is not a guarantee, because in some cases the pension plan defic

October 19th, 2022Committee meeting

Nicolas Lapierre

Finance committee  Thank you very much, Mr. Chair. Good evening to all the members of the committee, and thank you for your attention. The United Steelworkers union represents 225,000 workers across Canada, 60,000 in the province of Quebec alone. In 2017, 2018 and 2019, the USW met with more tha

October 19th, 2022Committee meeting

Nicolas Lapierre