Just some of the money that Target Canada owes to creditors after filing for bankruptcy: Chapman’s Ice Cream - $19,987 Coca-Cola Canada - $339,699 Apple Canada - $122,613 City of Winnipeg - $14,000 City of Barrie - $195,000 Hillcrest Mall Management - $1.7 million. Canada Revenue Agency - $12 million B.C. Government - $2.6 million Quebec Government - $6.5 million Ottawa Police - $1,125 Crayola Canada - $541,914 Energizer Canada - $492,084 All told, Target Canada owed roughly $5 billion to creditors when it filed for bankruptcy under the Companies’ Creditors Arrangement Act in an Ontario court last Thursday. That amount makes it likely one of the largest bankruptcies in Canadian history, experts suggest, certainly in the retail industry. - Katfish, Dave and Amal
Posted on: Mon, 26 Jan 2015 13:37:22 +0000
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