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The Body Shop Canada Ltd. says it will close 33 stores and halt its e-commerce operations as it seeks to restructure itself under the Bankruptcy and Insolvency Act. The Canadian subsidiary of the international cosmetics brand announced Friday that it will immediately begin liquidating almost a third of its 105 …
Read More »Evergrande debt crisis triggers worry, rot at iconic Chateau Montebello hotel – National
China Evergrande Group’s massive financial and legal challenges in Asia are casting a long, dark shadow over the Chateau Montebello, the iconic Quebec log cabin resort which the developer owns. Evergrande, a once fast-growing Chinese property company that became the country’s second-largest developer, acquired the 211-room Chateau Montebello hotel …
Read More »Q&A: Bankruptcy, consumer proposals, mounting credit card debt and more
Do you lose your house when you file for bankruptcy? Should you cash out your RRSPs to avoid it? Too many people rely only on creditors or collection agencies for debt advice — at least according to one member of our CBC Calgary text messaging community. So we put out a …
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