NDP Convention: 4-02-13 Resolution on Foreign Investment Review and Target

4-02-13 Resolution on Foreign Investment Review and Target

Submitted by UFCW Canada, UFCW Canada Local 1518, UFCW Canada Local 1000A

WHEREAS Target purchased the lease agreement for up to 220 Zellers Stores in Canada; and

WHEREAS over 10,000 Zellers employees have been terminated; and

WHEREAS Target will only offer former Zellers employees an interview with no guarantee of a job or recognition of their years of service; and

THEREFORE, BE IT RESOLVED That an NDP government will lower the threshold for a full review under the Investment Canada Act; and

THEREFORE, BE IT FURTHER RESOLVED When determining the ‘net benefit’ test for the sale of a company, that the impact on the employees and their working conditions must be considered.

MP Raymond Cote spoke to this motion.

Motion passed.