Mr. Speaker, first we had the Prime Minister's “Let them eat cake” moment, suggesting Sears retirees could survive on EI and CPP. Now the owner of Sears is blaming his managers for the firm's bankruptcy, after he drained over $3.5 billion out of the company.
Clearly, neither understands what is at stake. Thousands of Sears retirees have lost their post-retirement benefits and are waiting to hear how much of their pensions they will lose.
When will the government offer Canadians some real hope that this kind of corporate theft will never happen again?