{"id":5518,"date":"2018-02-19T22:17:26","date_gmt":"2018-02-19T22:17:26","guid":{"rendered":"http:\/\/iamaw16.ca\/?p=5518"},"modified":"2018-02-19T22:21:22","modified_gmt":"2018-02-19T22:21:22","slug":"national-day-of-action-wed-february-21-2018","status":"publish","type":"post","link":"https:\/\/iamaw16.ca\/?p=5518","title":{"rendered":"National Day of Action \u2013 Wed. February 21, 2018"},"content":{"rendered":"

National Day of Action \u2013 Wed. February 21, 2018<\/strong><\/h1>\n

Stand Up for Canadian Pensioners\u00a0\u00a0\"RSVP<\/a><\/h2>\n

On Wed. February 21st,\u00a0we\u2019re organizing a National Day of Action to Protect Pensioners. Meetings\u00a0with Liberal MPs\u2019 will take place across the country to demand better legislation to\u00a0protect pensioners who stand to lose millions when their company becomes insolvent or bankrupt, like Sears Canada, Nortel and many more.<\/p>\n

But to make Liberal MPs feel the heat, we need as many people as possible to show up to the local meeting near them.<\/p>\n

Are you in? Click here to RSVP<\/a>. It takes less than a minute. We\u2019ll follow up with information about the closest meeting happening near you. Please join us!<\/p>\n

Let\u2019s make history.<\/h3>\n

When Sears Canada filed for insolvency, they left their pension underfunded by more than $250 million. Secured creditors like banks and bondholders are in line to be paid out first. The scraps, if any, will be scattered among other creditors; pensioners will be lucky to see pennies on the dollar towards their pension deficit.<\/p>\n

This is completely legal under *federal law. That\u2019s why we are calling for changes to the law to put pensioners first \u2013 the best solution.<\/p>\n

But our Prime Minister has remained silent.<\/p>\n

When asked specifically about how to best support Sears pensioners at a recent press conference in Switzerland, he replied: \u201cThat\u2019s why Canada has measures like the Canada Pension Plan, like employment insurance benefits \u2013 a broad range of ways we can support people who are facing unexpected downturns or layoffs.\u201d<\/p>\n

But CPP and EI are NOT solutions. People on pensions don\u2019t qualify for EI. Pensioners were already counting on CPP to supplement their modest pensions. Companies should pay up. No one should lose their retirement security because our laws allow corporations to shirk their debts.<\/p>\n

That\u2019s why we\u2019re calling for the Liberal Government to change legislation to protect pensioners.<\/p>\n

We\u2019re organizing a National Day of Action on Wed. February 21st<\/a>. We need your support. Let\u2019s not let our government \u2013 or Canadian companies \u2013 walk away from pension commitments!<\/p>\n

\u2022 More than 45,000 concerned Canadians signed our petition to Put Pensioners First;
\n\u2022 More than 4,000 constituents emailed their MPs asking them to put pensions before profits;
\n\u2022 More than 1,400 called their MPs with the same message.<\/p>\n

Our Prime Minister is unmoved. So we\u2019re asking you to do more.<\/p>\n

We\u2019ve declared a National Day of Action to Protect Pensioners on Wed. February 21st<\/a>.<\/p>\n

On Feburary 21st, concerned citizens will meet with government MPs in their local offices. We have volunteer spokespeople to lead the charge. But we need you to show up to your local meeting and let your MP know you care too. Nothing matters more to MPs than the views of their constituents! MPs will listen because they need YOUR support to get re-elected.<\/p>\n

Click \u201cRSVP HERE\u201d now and we\u2019ll send you the details to join in the National Day of Action<\/a> event closest to YOU!<\/p>\n

\"RSVP<\/a><\/h3>\n

Don\u2019t let the pensioners pay the price for corporate greed and mismanagement. For more information about, \u201cWhy is Super-priority is the best solution?\u201d and other Frequently Asked Questions, visit: www.carp.ca\/pensioners<\/a>.<\/p>\n

*CCAC \u2013 The Companies\u2019 Creditors Arrangement Act is a federal law allowing insolvent corporations that owe their creditors in excess of $5 million to restructure their business and financial affairs.
\n*BIA \u2013 Bankruptcy and Insolvency Act<\/p>\n

Partners in National Day of Action<\/span><\/strong><\/p>\n\n\n\n
\"Canadian<\/td>\n\"SCRG<\/td>\n\"Leadnow<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n\n\n\n
\"logo-CLC\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

National Day of Action \u2013 Wed. February 21, 2018 Stand Up for Canadian Pensioners\u00a0\u00a0 On Wed. February 21st,\u00a0we\u2019re organizing a […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5518","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/iamaw16.ca\/index.php?rest_route=\/wp\/v2\/posts\/5518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iamaw16.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iamaw16.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iamaw16.ca\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/iamaw16.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5518"}],"version-history":[{"count":2,"href":"https:\/\/iamaw16.ca\/index.php?rest_route=\/wp\/v2\/posts\/5518\/revisions"}],"predecessor-version":[{"id":5521,"href":"https:\/\/iamaw16.ca\/index.php?rest_route=\/wp\/v2\/posts\/5518\/revisions\/5521"}],"wp:attachment":[{"href":"https:\/\/iamaw16.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iamaw16.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iamaw16.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}