Dominoes are falling one by one. Sears Canada has now filed with Ontario Superior Court of Justice to suspend payments to its pension plan as well as its post-retirement health and life insurance benefits. The end is near.
http://globalnews.ca/news/3578836/sears-canada-files-motion-to-suspend-retiree-benefits/
Everyone should pay attention to what happens to our fellow workers to the north. What happens there is a trial run for what will happen in the U.S.. Except for a few laws and regulations that are different I think this is exactly what will happen to U.S. workers soon
A miniature version of what US based Sears bankruptcy will look like.