Canadians are justifiably appalled by the plight of thousands of employees and pensioners who are being victimized by the bankruptcy protection manoeuvring of Sears Canada. Thousands have been laid off and even more stand to lose the severance, benefits and pensions that they earned, while Sears pays millions in bonuses to executives and managers.
Sadly, however, Canadians should not be surprised by the Sears scandal and the scope of the deva…
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