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.”

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Liberals Must Act to Protect Employee Pensions: Sweet

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As many sit down tonight and tomorrow to give thanks alongside family and friends, I want to wish everyone in Flamborough-Glanbrook a Happy Thanksgiving. May you use it as a time of reflection and celebration of the many blessings that we as Canadians enjoy everyday.

I ask that you please join Almut and I in keeping our brave women and men in uniform who are overseas and away from their families this weekend.
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As many sit down tonight and tomorrow to give thanks alongside family and friends, I want to wish everyone in Flamborough-Glanbrook a Happy Thanksgiving. May you use it as a time of reflection and celebration of the many blessings that we as Canadians enjoy everyday.

I ask that you please join Almut and I in keeping our brave women and men in uniform who are overseas and away from their families this weekend.

 

Comment on Facebook

Blessings to you David and your family.

Happy Thanksgiving to you, and your family David.

Voted for you Friday

Happy Thanksgiving to you and your family!

I'm honoured to have the support of former Liberal MP Dan McTeague! We worked together on a number of issues while he was in Parliament that were focused on the fight for fairer prices for Canadians at the pump, on their internet bill and at the grocery store.

Thank you Dan for your support!
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Comment on Facebook

Put my X beside your name on the ballot today Mr. Sweet. Time for a cabinet position for you.

Conservatives all the way.

No way liberals all the way voting for them

OK obviously you’re not a liberal so sorry I can’t say anything worse to you than what I thinking

Right on no bull here👍f/ c !

Vote conservative

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2 days ago

David Sweet, M.P.

Great to be at the Rockton World's Fair this weekend meeting people from across Flamborough-Glanbrook! Thank you to Glory the Service Dog for stopping by as well! ... See MoreSee Less

Great to be at the Rockton Worlds Fair this weekend meeting people from across Flamborough-Glanbrook! Thank you to Glory the Service Dog for stopping by as well!Image attachmentImage attachment

 

Comment on Facebook

I was there missed you

4 days ago

David Sweet, M.P.

Today is World Mental Health Day and this week is Mental Illness Awareness Week. This is an issue I hear about more and more with each passing day, and an issue that has had a direct impact on my life. In Parliament I have been an advocate for increased funding to mental health research and treatment, as well as a National Strategy on Suicide Prevention. I plan on continuing to be an advocate for those struggling with mental health and making sure that the help they need is there for them.

If you need help, visit cmhahamilton.ca/.
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Comment on Facebook

You are making a difference for so many, David. God bless you for sharing your loss to help others.

Thank you so very much, David. God, bless you, in the wonderful work you do! 💕

Thank You David!!!!

Go David, go.

Sign Trudeau up 👍

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2017-11-23T18:37:41+00:00