Sears Canada execs paid hundreds of millions in dividends before declaring bankruptcy and leaving 16,000 workers' pensions unfunded

https://www.youtube.com/watch?v=uAMWcjBR-Ys

Sears Canada has been in serious financial trouble since 2013, when workers wrote to the CEO and regulators and senior politicians to ask that their pensions be safeguarded. They were ignored, as they had been since 2009, when they first started asking for greater scrutiny of the pension fund. (more…)