Sears Canada recent promotional banner
(Photo credit: durhamradionews.com)
In the face of insolvency, Sears Canada has had to ask for court protection from its creditors. The problem, besides the obvious, is that the people that hold the keys to the executive washrooms have given themselves bonuses in the midst of laying off thousands of workers without a severance package.
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There is something to be said for taking care of yourself before others. At least airlines have this right. “If you are travelling with a child or someone who requires assistance, secure your mask on first, and then assist the other person.” On a personal level, many of us struggle to put us first. On a governmental level, however, this should be the norm.
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“The struggle itself towards the heights is enough to fill a man’s heart.” — Albert Camus
There have been times in my life when I’ve needed to take a risk that I’ve been scared to fail. These fears often crop up when trying new things like public speaking, job changes, and, well, the list does go on. My fear of failure often stems from a constant fear of not being good enough. Although perfectionism can drive many people to do great things, it’s this incessant hum of needing to be perfect that rolls around in the back of my brain that has held me back in so many avenues of my life.
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Today I watched CTV’s homage to the 100th anniversary of the battle of Vimy Ridge in France; it was quite moving. Hearing the stories of injured men and those who died under horrific circumstances was emotional. Learning the stories of men who continued, persevered, and came out victorious in the face of those horrific events was even more incredible. I am not sure I would have had it in me to do the same.
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I would hazard a guess that most Canadians would agree that helping a huge multi-national Canadian company survive and remain competitive is good for all Canadians. So, when the government of Canada and the Quebec provincial government bailed out Bombardier with a $372.5-million loan, and $1 billion respectively, it was a bit of a sticker-price shock, but still, it could be substantiated in the eyes of many people. What could not be tolerated, however, were bonuses for the company’s top five executives for poor performance.
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