Liberals Must Act to Protect Employee Pensions: Sweet

November 23, 2017

Ottawa, Ontario – In the wake of the Sears and US Steel bankruptcies, which have put thousands of employee pensions at risk, southern Ontario Member of Parliament David Sweet is calling on Justin Trudeau’s Liberal MPs to review the Bankruptcy and Insolvency Act, the Companies’ Creditors Arrangement Act (CCAA) and the Investment Canada Act. He issued the following statement:

“Too many Canadians have lost their dream of a dignified retirement after working hard for thirty, forty, sometimes, fifty years. After the collapse of Nortel, Stelco/US Steel and now Sears, it is time for Parliament to act and support workers and their families.

“Parliamentarians need to be clearly informed about all legislation that impacts employee pensions and understand how pensions are not guarded from mismanagement and underfunding.

“Based on my experience as Chair of the Standing Committee on Industry, Science and Technology in the last two Parliaments, I believe that parliamentary committees are best suited to examine important government legislation because these committees compel all stakeholders to publicly defend why legislation should or should not be modernized.

“Pensioners have raised serious concerns about the process that puts investors ahead of pensioners in bankruptcy proceedings. As a result of changes made by the previous Conservative government, a company is obligated to pay its pension obligations when it seeks company creditor protection, but there are still things we could do to improve the legislation. I call on all parties to cooperate to find solutions.”


Liberals Must Act to Protect Employee Pensions: Sweet

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10 hours ago

David Sweet, M.P.

Today in Question Period: The Prime Minister continues his refusal to answer questions regarding the SNC-Lavalin scandal!

Andrew Scheer
We now know that Justin Trudeau personally interfered in SNC-Lavalin’s criminal prosecution. Today, I have some simple questions he must answer. WATCH #QP LIVE:


Nous savons maintenant que Justin Trudeau est personnellement intervenu dans la poursuite criminelle contre SNC-Lavalin. Aujourd’hui, je lui pose des questions simples auxquelles il doit répondre. Regardez la #PdeQ en direct:
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Watched it live. Good questions Andrew Scheer! No answers Mr Trudeau.

Every time Trudeau speaks, mankind devolves.

This is a disgrace! If you are hiding nothing then speak out!!! I hope we hear the truth at some point, no one should be able to refuse to answer, especially our Prime Minister

1 week ago

David Sweet, M.P.

Last Friday, I rose to speak to the importance of Canada's relationship with Israel and the need to implement the amendments that our previous Conservative government negotiated to the Canada-Israel Free Trade Agreement. ... See MoreSee Less


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Thank You

I wish you were still our (my) MP sir - well said !!!


Great prsentation looking more like a young Gord ...

Thank you.

Well-spoken, thank you MP David Sweet!

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1 week ago

David Sweet, M.P.

Last week I rose in Question Period to hold the government accountable for the harm that their unfair tax increases are inflicting on small business. These businesses aren't "tax cheats" like the Prime Minister says, they are the number one drivers of economic growth and job creation in Canada! ... See MoreSee Less


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How rude; if a question is asked in English, it should be answered in English.....or is this done on purpose so that we the people don't get the transparent non-answer?

Thank you David. As a small business owner I can’t thank you enough.

I wonder if parliament conversation in Qubec are given in English or are they translated into the French language. I do not speak French and according to our language minister this is a breach of my writes.Bob Dillan said ( he didn't know which is worse being cool or doing your o an thing)

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