C-228-44Government of CanadaCONSERVATIVE
Pension Protection Act (44-1)
Rare cross-party private member's bill that became law. Conservative Marilyn Gladu's bill, supported by all parties.
Status
✓
Introduced✓
1st Reading✓
2nd Reading✓
Committee✓
Report✓
3rd Reading✓
Royal AssentSummary
Made unfunded pension liabilities and severance owed to employees super-priority claims in bankruptcy proceedings. Granted royal assent April 27, 2023.
Legislative history
- Introduced
Tabled in the originating chamber by the sponsor.
- Royal assent
Approved by both chambers and granted royal assent; now law.
Sponsored by
Marilyn GladuCONSERVATIVEOfficial source
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