Local News

Local News

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10/29/2013

Sears Selling Some of Their Leases

More trouble for Sears Canada. The company says it is selling the leases on five more of its department stores, including a London store -- at Masonville Mall, and its flagship Sears location in Toronto's Eaton Centre. The $400 million transaction is the largest sale of leases since the retailer began shedding assets and cutting jobs in an effort to turn around its struggling operations. 965 employees will be affected across the board. Sears Canada says employees affected will have the option to apply for other available jobs within the company. Read More...
10/29/2013

Ingersoll Couple Appear in Court Today After Hit and Run

An Ingersoll couple has been remanded in custody after a hit and run in east London.. 10 year old Tyler Zsabo remains in critical condition with severe head trauma...Tyler was riding his bike on Wexford Ave Friday night just before 7..on his way to a sleepover..when a speeding vehicle swerved to miss a parked car and careened over the curb knocking him from his bike. 34 year old Toby Van Leeshout and his 39 year old wife Rebecca Van Leeshout  of Ingersoll face several charges including driving while under suspension and will appear in London court separately today . Read More...
10/29/2013

The Fight to Buy Beer at Variety Stores

    Large convenience store chains will call on the government againtoday to allow them to sell beer and wine.    But the Liberal government says it is not interested in therequest from the Ontario Convenience Stores Association -- whichincludes 7-11, Mac's as well as Petro-Canada and Canadian Tire.    Finance Minister Charles Sousa says the Liberals plan to putL-C-B-O outlets in some grocery stores, but won't allow sales ofbeer and wine in corner stores.    The New Democrats support the government view, while theProgressive Conservatives have released a white paper calling forthe expansion of beer and wine sales to corner stores. Read More...
10/29/2013

Canadians Deeper in Debt

A new survey suggests as many as three-quarters ofCanadians are in debt and they owe an average of nearly 16-thousanddollars.    R-B-C's annual debt poll shows the average personal debt loadjumped almost 28-hundred dollars to 15-thousand-920 dollars thisyear compared with last year.    The figures do not include a mortgage,    Albertans saw the biggest jump in personal debt, with the averageowed coming in at more than 24-thousand dollars -- up from14-thousand-881 in 2012.    Quebecers surveyed saw the smallest rise in personal debt thisyear -- up only 287-dollars to 10-thousand-458.    The survey found that 24 per cent of Canadians surveyed indicatedthey were debt-free, down from 26 per cent in 2012.    The online poll of just over 21-hundred people was conducted byIpsos Reid between August 22nd and 27th.    Online surveys are not assigned a margin of error because they donot randomly sample the population. Read More...
10/29/2013

Day 2 For London's Mayor In Court

London Mayor Joe Fontana will be back in court this morning as his preliminary trial continues...into fraud charges. Fontana was joined by his wife VIckie...and his lawyer Gord Cudmore.. a Publication ban has been slapped on the proceedings.. We do know two witnesses gave evidence at the hearing ..although their names are under the ban...It's all focused on 3 charges dating back to 2005 when Fontana was an MP and Minister of Labour and Housing...and  allegedly used a governmentt cheque  to cover a  17 hundred dollar deposit on his son's wedding at the Marconi Club. The preliminary hearing continues today, when two out of town witnesses will testify. Read More...
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