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About: Wage Earner Protection Program Act     Goto   Sponge   NotDistinct   Permalink

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The Wage Earner Protection Program Act (French: Loi sur le Programme de protection des salariés; S.C. 2005, c. 47, s.1), is an act of the Parliament of Canada. It was part of a package of reforms to the insolvency law of Canada that were brought into force in 2008 and 2009 to compensate employees of companies made bankrupt or placed into receivership under the Bankruptcy and Insolvency Act. It was subsequently expanded in 2011 to cover employees who lose their jobs when their employer's attempt at restructuring subsequently ends in bankruptcy or receivership.