bankruptcy

Tuesday May 18, 2021

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Tuesday May 18, 2021

Reopening Ontario outdoor recreational sites should focus on equity, access: advocates

Ontario golfers have been pushing the province to reopen courses ordered closed while the province is under stay-at-home orders, but some observers say access to outdoor recreational facilities serving a wider population should be just as high on the agenda.

January 8, 2021

Doctors and recreational facility administrators say Canadians need access to affordable, inclusive and local ways to get outside and exercise, so long as health care professionals deem it safe.

“Many of the people I care for live in dense apartment buildings, have small indoor spaces and don’t have the luxury of a backyard,” said Dr. Naheed Dosani, a palliative care physician and health justice activist in Toronto.

“We need to really be thinking about how to keep these people physically and mentally healthy.”

Dr. Dosani and others hope the province will make any reopening of recreational opportunities equitable. As well as golf courses, basketball nets, skate parks and tennis courts have remained out of bounds for months.

April 8, 2021

Golfers and club operators argue the sport is safe since it’s possible to golf while masked and physically distanced, other provinces are currently allowing the sport and people aren’t travelling to play.

“They are looking to play their local golf course in their home community for the physical and mental health break that the sport provides,” Mike Kelly, the executive director of the Golf Association of Ontario, said in May.

Several doctors have even given golf and many other outdoor forms of exercise the green light because the risk of transmitting COVID-19 is low outside.

However, Ontario Premier Doug Ford has been unwilling to budge because the province has routinely reported more than 2,000 new, daily COVID-19 and many intensive care units are still overwhelmed.

April 6, 2021

“I talk to my buddies. I know what happens,” Ford said Thursday.

“They pick up another buddy, two or three. They go out, they go golfing…then after golfing, they go back, they have a few pops. That’s the problem.”

Ford said he hopes to reopen outdoor recreational facilities by June 2, but the golf industry is not relenting and some have even reopened in defiance.

Yet many say reopening plans can’t just focus on a sport that comes with pricey fees, often requires a membership and doesn’t always attract youth.

“Given what we’ve learned about this pandemic and how it has had a disproportionate impact on people experiencing poverty and racialized communities, it’s quite disappointing that there’s been such advocacy around a sport like golf,” said Dr. Dosani.

“It probably speaks to who has the loudest voice at times like this, and who has the resources to advocate.” (CTV)

Letters to the editor, The Hamilton Spectator, Saturday May 22, 2021 

MacKay cartoon unfair to golfers

I found the Graeme MacKay editorial cartoon (May 18) harsh and unjustified and not up to his usual standard. The hundreds of thousands of golfers in Ontario consist of people of all ethnicities, ages and gender. They consist of doctors, nurses, front-line workers, policemen, firemen, bus drivers, truck drivers, retirees, workers at The Hamilton Spectator, etc. They are husbands, wives, grandparents, aunts and uncles. As with any large random group of people in Ontario they have suffered during the pandemic the loss of loved ones, had surgeries delayed, lost employment, lost businesses, helped their children with schooling, given to charities and hospitals and adhered to the health protocols as a group no different to others.

His illustration of a “typical” golfer is demeaning and reminds me of the comment made by Doug Ford PhD (pontificating harmful despot) this past week about golfers and their penchant for alcohol. Graeme, be careful of the company you keep.

Ed Jenner, Burlington

MacKay cartoon says it all

MacKay’s cartoon of indignant golfers was hilarious and right on point. Golfers complaining they can’t golf is the biggest first-world problem imaginable. If it’s the worst thing they have to worry about, they should consider themselves lucky.

Rosemary Gossich, Hamilton

“Having published this cartoon that seems perfectly clear, his paper received (the above) feedback from an aggrieved reader. Granted, there’s something confirming about drawing a cartoon about whiners and having someone whine about it, but the task remains to try to make your points clear while accepting that they will whooosh over some heads anyway.”

Friday October 27, 2017

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Friday October 27, 2017

Sears Canada pensioners demand shortfall be paid off first

The law firm representing Sears Canada pensioners has issued a letter to the agency overseeing the liquidation and all other creditors, asking that the pension deficit be paid first and as soon as possible, as money from liquidation sales becomes available.

October 12, 2017
Canada, retail, employment, taxes, rvenue, CRA, Sears, layoff, bankruptcy, tax fairness

“Our clients . . . are entitled to first priority recover for those amounts,” according to the letter, from Koskie Minsky’s Andrew Hatnay, citing a prior Supreme Court of Canada decision.

The letter is addressed to the monitor assigned to the case, FTI Consulting, and to the service list, which includes lawyers representing every party to the insolvency.

If Hatnay’s position is accepted by the creditors lining up to be paid, the pension’s $270-million deficit would be paid first, although pensioners would not receive other benefits – dental benefits and life insurance benefits, which were discontinued at the end of September.

If the other creditors refuse to allow the pensioners to be paid first, the matter could end up before the court, according to Hatnay.

The legal letter was sent Thursday, a day after Innovation Minister Navdeep Bains said the federal government will consider legislation to protect employees’ pensions when a company goes bankrupt.

While there’s no plan for the government to introduce legislation at the moment, he said it will carefully examine two different private member’s bills on the subject, put forward by a New Democrat MP and a Bloc Quebecois MP. (Source: Toronto Star)

The Telegram, St. John’s Newfoundland

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Thursday October 12, 2017

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Thursday October 12, 2017

Tough Times for Sears and CRA

Sears Canada workers are feeling confused and angry after learning on Tuesday that the retailer plans to close its remaining 130 stores.

June 23, 2017

If Sears gets court approval, it would start liquidating the stores as early as Oct. 19, putting the retailer out of business and about 12,000 employees out of work.

“Many of us feel frustrated, anger, betrayal,” a Sears manager told CBC News in an email on Tuesday. He and another employee interviewed asked that we not publish their names because they still work for the retailer and fear retribution.

“People don’t know what to do,” said the manager about staff at his location. “Many people went home already as they were physically upset and needed some personal space.”

A Sears memo sent to staff Wednesday said workers will lose their jobs as early as within the next few days, but that some will stay on for a few months. It also explained that employees will lose their benefits as soon as they’re terminated. (Source: CBC) 

Meanwhile, The federal government appears to be doing away with a controversial tax policy interpretation that would have seen employees taxed for discounts they get at work.

Amid a growing controversy, a spokesperson for National Revenue Minister Diane Lebouthillier said Wednesday that the government will pull the new wording at the heart of the debate from the Canada Revenue Agency website.

Spokesperson John Power said the CRA made the original decision to change the wording, not Lebouthillier.

“This document was not approved by the minister and we are deeply disappointed that the agency posted something that has been misinterpreted like this,” he said in an emailed statement.

The CRA will hold an internal review on the wording change, which will be followed by a consultation on the issue with industry groups, Power added.

The former wording in the employer’s guide on the issue of employee benefits was to be reinstated as early as Wednesday afternoon. (Source: Toronto Star) 

 

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Friday June 23, 2017

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Friday June 23, 2017

Sears Canada to close 59 stores, lay off 2,900 in restructuring

Sears Canada plans to close 59 stores and eliminate 2,900 jobs across the country as part of a court-supervised restructuring process.

Shares in Sears Canada were halted Thursday morning after the retailer applied for and was granted protection from its creditors under the Companies’ Creditors Arrangement Act — the law that covers insolvency proceedings.

The move gives the retailer 30 days to restructure itself, which includes $450 million in debtor-in-possession financing to fund the company while it restructures, a process that will include closing dozens of locations and laying off thousands of workers.

The chain will axe 20 full Sears stores, 15 Sears Home Stores, all 10 outlet stores and 14 Sears Hometown stores — roughly one-third of its current retail footprint.

All other Sears locations will remain open, the chain said, and the company “plans to continue to operate a large number of stores, continue to maintain significant employment, and to service its customers across Canada,” Sears said in a court filing.

About 500 office positions at the company were to be eliminated immediately. The remainder of the job losses will come as Sears closes stores. As of May 30, the company employed approximately 17,000 people, with 10,500 in part-time positions and the rest working full-time.

Trading in the shares was halted before the Toronto Stock Exchange opened on Thursday, pending news. Minutes later, Sears Canada announced its plan in a press release. (Source: CBC) 

 

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