Sears requires DIP financing to keep operating and the Stranzl proposal may not be executable within the timeline and liquidity available, says a new report
On Tuesday, Canada's iconic retailer, Hudson's Bay, unveiled the Team Canada Collection that will outfit Canadian athletes at the upcoming Olympic and Paralympic Winter Games PyeongChang 2018.
New convenience product features 35 single-serve SKUs ranging in price from $6 to $10
It’s not a household name, but here’s why North West Company Inc. (TSX:NWC) is worth owning.
Canadian Prime Minister Justin Trudeau proposed a tax of one dollar a gram on sales of marijuana when it’s legalized next year, his most detailed proposal yet on how he would raise revenue to pay for extra government costs while discouraging illegal sales. The C$1 (80 U.S. cents) tax could apply to recreational marijuana sold for up to C$10 a gram, Trudeau said after meeting the leaders of Canada’s 10 provinces in Ottawa on Tuesday. For marijuana sold for more than C$10 a gram the tax could be 10 percent, he said. The tax money should be split between the federal and provincial governments, Trudeau said.
If insolvency proceedings fails, company will ask to cash in on the preholiday shopping season (Marina Strauss, Globe & Mail)