Sears Canada Store Closure

• Sears Canada reaches compromise over pension payments, health benefits as company restructures

  A monitor's report filed this morning was prepared for a hearing at the Ontario Superior Court, which granted Sears Canada temporary protection from creditors three weeks ago.

  Consumer

  Jul 13, 2017
  
• Sears Canada files motion to suspend retiree benefits

  Company hoping to stop $3.7 million worth of monthly pension plan payments

  Money

  Jul 6, 2017
  
• Advertisement
• 2,900 Sears Canada employees won’t receive severance after layoff

  Sears is also seeking to suspend its pension plan for current employees and benefits plan for retirees.

  Canada

  Jun 28, 2017