CARP Demands: Stand With Pensioners - CARP



Take a Stand with Canadian Pensioners

Canadian seniors have worked hard all their lives and deserve to have their pensions protected. We are calling on Prime Minister Trudeau and his government to protect the 1.3 million Canadians with defined benefit pensions in the event of bankruptcy.
 
On August 1st, Sears Pensioners outside of Ontario took a 30% cut in their pensions. That is after all pensioners lost their health and dental benefits. One month later, the court appointed monitor recommended that the limited assets that remain would not be used to pay out Sears pensioners ahead of other creditors. Sears pensioners were left high and dry.
 


 
The 2018 Federal budget included a pledge to consult on how best to support pensioners. Now is the time for government action!
 
Other G7 countries, including the U.K and the U.S. provide better pension protection than Canada.
 
Pensioners deserve to have their retirement secured. It’s time for the federal government to take action and protect pensioners now.
 
Click the button below to use our new tool to email your MP now!


 
 
 

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Take Action Now

Email Your MP to Put Pensioners First

Please urge your MP to support new laws to protect pensioners in the event of bankruptcy. Pensioners’ financial security and livelihoods depend on it.

Demand the Federal Government:

  • Amend the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act so pensioners rank ahead of secured creditors in priority of repayment of obligations.

 

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Why Pension Protection and Super-Priority?

 

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Party calls on the government to protect pension security

 

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Letters from Sears Pensioners

 

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Letter from a Sears Pensioner’s Widow

 

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Sears Shouldn’t Be The ‘Business Story of the Year’

 

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ZNews: CARP on Parliament Hill

 

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Super-priority for Pensioners: An Impact Assessment and Policy Prescription

 

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Why is Super-priority the Best Solution for Protecting Pensioners?

 

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What are the parties doing, or not doing, to protect pensioners?

 

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What is This Former Pro-athlete and Sears Pensioner Most Worried About?

 

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Is a New Bill to Protect Pensioners on the Way?

 

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Craving Justice

 

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100 Days of Silence

 

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My Pensioner Story

If you are a Sears Pensioner, please share your story with CARP. We need to hear from YOU!

Email [email protected]

Add your voice to over 300,000 Canadians!