Commons Update – April 24 to 28
Last week the Senate sent back its final response on C-11, and some progress was made on a few other Bills!
C-228
Commons Update – April 17 to 21
Last week we had a few Motions regarding the budget!
What is C-228? – The Pension Protection Act
C-228 – Pension Protection Act – is a straightforward one. It makes changes to the Bankruptcy and Insolvency Act and Companies’ Creditors Arrangement Act to ensure that any company that goes bankrupt meets any obligations they have when it comes to pension plans and group insurance plans. C-228 also makes a small change to the Pension Benefits Standards Act. At the moment every year a report is sent to the House on how well the Pension Benefits Standards Act is working. C-228 would add the success of pension plans meeting their funding requirements to this report, as well as any...