Tabling of Petition - C-27 - Pensions

15Oct18

 Richard Cannings (South Okanagan—West Kootenay)

2018-10-15 15:17 [p.22373]

 Mr. Speaker, I have two petitions, both regarding pension policy in Canada.

 These petitioners point out that in the 2015 federal election, Canadians were clearly promised in writing that defined benefit plans, which had already been paid for by employees and pensioners, should not be retroactively changed into target benefit plans, and that Bill C-27, tabled by the Minister of Finance, precisely permits this change, thereby jeopardizing the retirement income security of Canadians who have negotiated defined benefit plans as a form of deferred wages.

 These petitioners call on the Government of Canada to withdraw Bill C-27, an act to amend the Pension Benefits Standards Act.