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Decentralized Democracy

House Hansard - 51

44th Parl. 1st Sess.
April 1, 2022 10:00AM
Madam Speaker, I want to thank the member for Sarnia—Lambton for bringing this forward for debate. I am looking forward to providing more remarks on the bill later. In respect to some of the provisions around the Pension Benefits Standards Act, some of the concerns that have been raised around those provisions have to do with the ability of an administrator. With just the permission of the superintendent and not the informed consent of plan members or their representatives, an administrator could drastically change the nature of the pension and the terms and conditions of that pension. When the member says she is open to amendments on the bill, I wonder if she is open to amendments with respect to that section.
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Madam Speaker, absolutely I am open to discussing this. I like the idea of the superintendent having some powers to actually act, but I also know that there are voices who want to have their input heard when this is discussed. Therefore, let us have those discussions at committee. I look forward to that.
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