So grateful they gave us a new Governor to turn the economy around.
A Winnipeg-founded retail chain is seeking a Manitoba court’s approval to liquidate its 128 stores across the country.
Warehouse One announced Wednesday that it had begun proceedings under the Companies’ Creditors Arrangement Act (CCAA) that would allow the denim retailer to begin shutting down.
“After careful consideration of all reasonably available options, the company has made the difficult decision to commence the CCAA proceedings to allow for an orderly wind down of its operations, including all Warehouse One and Bootlegger retail locations,” Warehouse One wrote in a news release.
The company currently operates 128 retail stores under its Warehouse One and Bootlegger banners in Alberta, British Columbia, Saskatchewan, Manitoba, Ontario, Newfoundland, Nova Scotia, New Brunswick and Yukon.
“In the future, all retailers are Walmart.” Marathon Man, if they were talking about jeans stores.
Canada is toast. Our GDP per capita continues to all…our unemployment rate continues to increase. Yeah, we are in grate hands (no….that is not a misspelling of “great”).
In April, the U.S. saw a +145,000 job growth, as compared to Canada’s 17,000 job decline. Their unemployment rate held steady at 4.4%, whereas our rate of joblessness rose to 6.9%. Many of Canada’s young graduates are moving to the U.S. to look for rofessional work.
I believe after 10.5 years of Liberal Rule its now “Canada Wrong”.
Unless you’re in BC where its Canada Wong.