Canada — Historical Events Description

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Canada
Event
Pension Protection Law Receives Royal Assent (Bill C-228)
Category
Economic
Date
2023-04-27
Country
Canada
Description

Bill C-228 received Royal Assent on this date, advancing protections related to pension priorities in insolvency contexts. This type of legislation is economically significant because it can affect retirees, employers, and restructuring outcomes. Royal Assent confirms the bill’s completion through Parliament. It is often referenced in discussions about retirement security and creditor priorities.