Bill C-12 gets royal assent

Workers better protected with employer bankruptcy
By Sarah Dobson
||Last Updated: 03/07/2008

The wages, pensions or benefits of workers will be protected if their employer declares bankruptcy, thanks to the approval of Bill C-12, a series of amendments to existing insolvency and wage-protection laws.

The changes were necessary to correct deficiencies in the insolvency reform legislation passed two years ago, said the government.