Hon. Gurbax Malhi Speaks Up Again for Nortel Pensioners

HOUSE OF COMMONS, OTTAWA - February 27th 2009

Hon. Gurbax Malhi: "Mr. Speaker, I have received numerous calls to my office asking what the government plans are for saving the shrinking pensions of Canadians.

Nortel Networks has been based in Brampton for years and employees are concerned that its financial troubles will affect their pensions. Last week the employee's union held a meeting to discuss the fate of their pensions. There are roughly 16,000 Nortel pensioners in Canada, many of whom rely upon the pension and benefits that they have earned over the course of their working lives, in some cases 25 years or more.

Employees are concerned about losing their hard-earned pensions along with their jobs, since the company announced that employees being laid off will not receive any severance payments.

I call upon the Prime Minister and his government to take immediate action and give Canadians the reassurance that their pensions are safe."

Keep in touch with the Hon. Gurbax Malhi:
a. Website: http://www.gurbaxsinghmalhi.ca
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c. Twitter: http://twitter.com/gurbaxmalhi
d. Flickr: http://www.flickr.com/photos/gurbaxmalhi
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