C-52Government of CanadaLIBERAL
Pension Protection Act
Built on the 2023 C-228 cross-party pension-protection bill; addresses gaps revealed by Nortel and Sears insolvencies.
Status
✓
Introduced✓
1st Reading✓
2nd Reading4
Committee5
Report6
3rd Reading7
Royal AssentSummary
Strengthens federally regulated employee pension plans against insolvency, prioritizes pensioner claims in bankruptcy proceedings, and creates a Pension Benefit Standards Officer.
Sponsored by
Dominic LeBlancLIBERAL