Tag: Cristina

Sears Canada employees and pensioners say the 529 million spent on insolvency

TORONTO — Sears Canada pensioners, former and current employees say the nearly $52.9 million in professional fees paid by the shuttered retailer during the insolvency process is alarming and concerning, their lawyers told an Ontario court today, noting they reserve the right to challenge them at a later date.Andrew Hatnay, a lawyer representing Sears pensioners, told Justice Glenn Hainey that his clients are concerned about the breadth of the fees. Susan Ursel, a lawyer representing current and former employees, echoed a similar sentiment.Sears Canada closed its remaining stores on Jan. 14, after filing for creditor protection last year, to leave it with just 70 employees by the end of this month, according to the court-appointed monitor’s report.The lawyers’ comments came during an Ontario Superior Court hearing in Toronto as Hainey approved the monitor’s fees of roughly $14 million, that lawyers for the employees and pensioners did not oppose.The judge also approved an extension of the retailer’s creditor protection until April 27 to allow the company time to, among other things, work out disputes with certain landlords over unintentional payments made by Sears. read more

Brock Sports launches New Years sports camps

Brock Sports is launching five sports camps to keep kids occupied during the second week of Christmas vacation from Jan. 3-6.The camps are available to anyone in the community and range in age from six to 15 years old.Camps available include:Snowfest Camp is an action-filled, indoor and outdoor activity based camp. Available for single days or as the full four days. Children aged six to 13 are welcome.Volleyball Camp is for those who love the game of volleyball and want to improve their skills. The full four-day camp is open to children aged eight to 14.Junior Lifeguard Camp is a fun-filled camp in and near the Brock Aquatic Centre. Activities include swimming, cooperative games, canoeing, snorkelling, diving, shadow guarding, lifesaving skills, rescues and first aid skills. The four-day camp is open to children aged six to 15.Two half day camps are also available from 8:30 a.m. to 12:30 p.m. These include a Synchronized Swimming Camp and a Diving Camp.For pricing information or to register, visit the Walker Sports Complex Welcome Desk, phone 905-688-5550, x4060 or visit the Brock Sports website. read more