An Act to amend the Bankruptcy and Insolvency Act, the Companies’ Creditors Arrangement Act and the Pension Benefits Standards Act, 1985 (pension plans and group insurance programs) = Loi modifiant la...: XB432-259/1-PDF
"This enactment amends the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act to ensure that claims in respect of unfunded liabilities or solvency deficiencies of a pension plan are accorded priority in the event of bankruptcy proceedings. It also provides that an employer has to maintain group insurance programs that provide benefits to or in respect of its employees or former employees. This enactment also amends the Pension Benefits Standards Act, 1985 to empower the Superintendent of Financial Institutions to determine that the funding of a pension plan is impaired or that the pension plan administrator is at risk and to set out measures to be taken by the employer in respect of the funding of the plan in such cases"--Summary.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.894359&sl=0
| Department/Agency | Canada. Parliament. House of Commons, issuing body. |
|---|---|
| Title | An Act to amend the Bankruptcy and Insolvency Act, the Companies’ Creditors Arrangement Act and the Pension Benefits Standards Act, 1985 (pension plans and group insurance programs) = Loi modifiant la Loi sur la faillite et l’insolvabilité, la Loi sur les arrangements avec les créanciers des compagnies et la Loi de 1985 sur les normes de prestation depension (régimes de pension et régimes d’assurance collective). |
| Variant title | Loi modifiant la Loi sur la faillite et l’insolvabilité, la Loi sur les arrangements avec les créanciers des compagnies et la Loi de 1985 sur les normes de prestation depension (régimes de pension et régimes d’assurance collective) |
| Series title | Bill C-... ; Bill C-259, 2nd session, 43rd Parliament |
| Publication type | Series - View Master Record |
| Language | Bilingual-[English | French] |
| Format | Electronic |
| Electronic document | |
| Note(s) | "First reading, December 3, 2020." Issued also in HTML format. Text in English and in French. |
| Publishing information | [Ottawa] : House of Commons of Canada = Chambre des communes du Canada, 2020. |
| Description | 1 online resource (ii, 7 pages) |
| Catalogue number |
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| Subject terms | Canada. Bankruptcy and Insolvency Act. Pensions -- Law and legislation -- Canada. |