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Create a short (3-5 paragraph) essay in favour or opposed to government action to close Sears Canada.

Sears Canada is closing. In doing so, it appears as though 16,000 workers will lose part of their pension savings. While the case will be taken to court, it appears as though the employees will not get any priority over other creditors when the assets are divided up in bankruptcy court.

Some claim that the government should take action to protect the former employees and preserve their pensions. Others say that the employees should have known the risks associated with a defined benefit pension plan.

Create a short (3-5 paragraph) essay in favour or opposed to government action on this issue. Your conclusion can be the government should not create specific laws to govern this situation, or that government should not change the terms of a valid contract once it has been completed. On a separate page you will dissect your argument and diagram it according to the conventions in the text and lectures. More information on the Sears case is provided in the files in this content folder.

You can look at the mind map you did in week 2 that compared

You are free to argue either side of this issue, no extra marks will be awarded for arguing the right side (i.e. You dont get extra marks for agreeing with me or the TAs). Marks will be awarded for the composition of your argument and for your demonstrated understanding of the structure of your argument. The marking rubric is offered below:

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