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Sears Canada executive chairman steps down, liquidation expected to start Oct. 19

Sears Canada executive chairman steps down, liquidation expected to start Oct. 19

2017-10-16 22:34:40, ctvnews.ca

TORONTO -- Sears Canada Inc. executive chairman Brandon Stranzl has resigned from its board of directors following court approval last week for the retailer to begin its liquidation sales. "In light of the liquidation, his services are no longer required as executive chairman," the retailer said in a statement. Sears Canada has been operating under court protection from creditors since June

 

Corporate

Sears Canada executive chairman steps down, liquidation expected to start Oct. 19

Sears Canada executive chairman steps down, liquidation expected to start Oct. 19

2017-10-16 22:34:40, ctvnews.ca

TORONTO -- Sears Canada Inc. executive chairman Brandon Stranzl has resigned from its board of directors following court approval last week for the retailer to begin its liquidation sales. "In light of the liquidation, his services are no longer required as executive chairman," the retailer said in a statement. Sears Canada has been operating under court protection from creditors since June

 

Enterprises

Feds to announce scaled-down passive income measure for small businesses

Feds to announce scaled-down passive income measure for small businesses

2017-10-17 21:35:48, cp24.com

OTTAWA -- The federal government is moving to pare down its controversial tax proposal on passive income so that it will only affect three per cent of small businesses. A senior government official tells The Canadian Press that Finance Minister Bill Morneau will be in New Brunswick on Wednesday to unveil changes to his passive investment proposal so that it only targets unfair tax advantages used by the wealthy

 

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