Toronto judge approves $500,000 hardship fund for former Sears Canada employees

TORONTO — A judge has approved a hardship fund for former Sears Canada employees that will come from a pool of money set aside to pay bonuses for key employees.

The $500,000 fund will help former employees facing difficulty who would have otherwise been eligible for severance payments when they lost their jobs at the retailer.

Sears Canada was criticized last month when it received approval to pay millions in bonuses to keep key employees on board while not paying severance to laid-off...

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