Comment 43775

By Kiely (registered) | Posted July 21, 2010 at 12:36:28

But we all (city, province, feds) should learn a lesson and remove protections of corporate bankruptcy and go after prior owner's estates when barrels of hazmat are left behind - Bob Innes

Where does that rank in priority when compared to things like employee salaries and pensions though?

Currently, employees rank behind secured creditors on the priority chart. I would have no problem moving environmental impact costs above creditors but should those costs rank above the employees' back wages and pensions? Should employees continue to suffer so governments (who often allow this contamination to occur in the first place) can get their hands on money required to clean up a mess they are at least partially responsible for? That I'm not sure of.

Laws that stop this from happening in the first place (i.e., the ounce of prevention) are needed.

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