Fdeb Federal COVID-19 supply portal launched
TORONTO 鈥?Cash-strapped alternative lender Home Capital Group says it has a number of int
stanley cup erested buyers and investors, but selling itself or its assets is not the company priority.We do have a number of people who are interested in giving us financial support and/or making a strategic investment or acquisition in the company, board director Alan Hibben said during a conference call to discuss Home Capital Group TSX:HCG first-quarter r
stanley cup esults.I don ;t want to say though that we ;re rushing in order to take that, because I think some of the steps that we ;re taking are going to provide a bit of a floor. ARTICLE CONTINUES BELOW After the call, shares of Home Capital slumped 13.04 per cent to $9.40 in Friday morning trading on the Toronto Stock Exchange.The prospect of a takeover or asset sales are being closely watched by financial markets after Home Capital was hit last month by allegations from staff at Ontario securitie
stanley tumbler s watchdog that the lender misled investors in its handling of a scandal involving falsified loan applications. The company has said the allegations are without merit. ARTICLE CONTINUES BELOW The allegations spurred customers to pull deposits, which Home Capital uses to fund its mortgage lending. On Thursday, Home Capital warned that material uncertainty exists regarding its future funding capabilities a Bjfb Canadians gaining weight during COVID-19: poll
A recent ruling by an Ontario judge confirmed what some employment lawyers have been saying for more than a year 鈥?that many businesses may have actually constructively dismissed their employees when enacting temporary layoffs, putting themselves on the hook for severance pay.Last March, when employers were doing temporary layoffs during a time of uncertainty, Toronto employment lawyer Stuart Rudner told the Star that many of those layoffs might actually be constructive dismissals, meaning the employer had essentially terminated the employee and would owe them severance.On April 16, 2021, Rudners theory proved correct when an Ontario Superior Court judge ruled that an employee of an ophthalmic clinic in Cambridge, Ont., who was laid off early in the pandemic was actually terminated, and eligible
stanley cup to sue for constructive dismissal. ARTICLE CONTINUES BELOW We made the point that thousands of businesses were unknowingly risking liability by imposin
stanley cup g temporary layoffs, and weve had a whole lot of debate over the last year abo
stanley cup ut whether that would be a constructive dismissal or not, said Rudner.Toronto employment lawyer Andrew Langille said this is a decision that the employment law community has been waiting for since the pandemic began. ARTICLE CONTINUES BELOW I think its going to kick off quite a bit of litigation, he said.Temporary layoffs are allowed in many provinces, but only for
