An Act to amend the Bankruptcy and Insolvency Act, the Companies’ Creditors Arrangement Act and the Pension Benefits Standards Act, 1985 (pension plans and group insurance plans)

Bill C-225 (44-1) was an NDP Private Member's Bill from Daniel Blaikie to amend the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act so that a company's unfunded pension obligations are paid ahead of other creditors when it goes bankrupt. It carried forward a long-running NDP campaign after the Sears Canada and Nortel collapses left retirees with reduced pensions. A Conservative bill, C-264, sought the same protection. The government's own Bill C-228 (Pension Protection Act) delivered super-priority for pension shortfalls, receiving royal assent on April 27, 2023, so C-225 was overtaken.