9 h. ago Hudson’s Bay Company to Launch Separate Auction for Art and Historical Artifacts

Auction aims to involve participants committed to ensuring the Company’s most significant art and artifacts remain preserved for the benefit of future generations TORONTO — Hudson’s Bay Company ULC (Hudson’s Bay or the Company), as part of its ongoing restructuring under the Companies’ Creditors Arrangement Act (CCAA), today announced that subject to court approval, it […]

Economics

11 h. ago Ford seeks answers after firm accused of misrepresentation in Ontario Place bid

Premier Doug Ford is seeking answers following an explosive report Wednesday that alleged the European company selected to develop the land at Ontario Place into a world-class spa misrepresented itself during the bidding process. According to the New York Times, Therme Group exaggerated its track record of building and managing luxury spas throughout Europe to […]

Economics

19 h. ago American Tungsten Corp. Applauds U.S. Presidential Executive Order to Ensure National Security Through the Assessment of and Securing of Domestic Critical Minerals Supply Chains

Vancouver, BC, April 16, 2025 (GLOBE NEWSWIRE) — American Tungsten Corp. (CSE:TUNG) (OTCQB:DEMRF) (FSE:RK9) (“American Tungsten” or the “Company”) applauds U.S. President Donald Trump’s Executive Order seeking to foster a resilient national defense industrial base through the evaluation of critical metals supply chain vulnerabilities, including tungsten. This Executive Order will initiate an investigation to determine […]

Events

34 h. ago Manitoba premier touts increased trade with Europe, possible second Hudson Bay port

'What Manitoba brings to the table is low-carbon electricity, tidewater and a government serious about working with Indigenous nations'

Economics

46 h. ago Peabody Holds Off Private Debt Refinancing of $2.1 Billion Loan

Coal mining company Peabody Energy Corp. has held off seeking a $500 million private debt, which would help refinance an acquisition loan after the planned deal was put under review, according to people familiar with the matter.

Economics

3 d. ago Schumer seeks to halt flights for helicopter company after deadly Hudson River crash

NEW YORK — New York Sen. Chuck Schumer is calling on federal authorities to revoke the operating permits of the helicopter tour company whose sightseeing chopper broke apart in midair and plunged into the Hudson River Thursday, killing a family of five visiting from Spain and the pilot, a Navy SEAL veteran. At a press […]

Events

6 d. ago Hudson’s Bay sale now using protocol designed to handle insider bid: document

A new document circulated to lawyers involved in Hudson’s Bay’s creditor protection case is raising suspicion that a company insider may be exploring a bid for the retailer’s assets or leases. The “Insider Protocol” document sent to lawyers Thursday and obtained by The Canadian Press describes how processes meant to help the ailing retailer find […]

Other

6 d. ago Nanaimo shopping centre for sale after billionaire owner announced intention to buy Hudson's Bay stores

The listing for Nanaimo’s Woodgrove Centre was posted by Colliers International on Tuesday, a little more than a week after the mall’s billionaire owner, Weihong Liu, announced on social media her intention to buy “dozens” of Hudson’s Bay stores.

Other

6 d. ago Why Simons and Holt Renfrew are unlikely to want all of Hudson’s Bay’s real estate

TORONTO — When Hudson’s Bay revealed it was liquidating almost the entirety of its empire, some thought the selloff would be an opportunity for two of Canada’s last standing department stores: La Maison Simons and Holt Renfrew. Because their size and product mix resemble the Bay’s at first glance, the rivals might have seemed like […]

Other

6 d. ago Today's Letters: Hudson's Bay Company's history more than just a memory

Thursday, April 10: The closing of this historic chain prompts readers to share a few experiences with The Bay. You can write to us too, at letters@ottawacitizen.com

Economics

7 d. ago Chinese billionaire in B.C. wants to buy Hudson’s Bay after she saw ‘Canadians feeling sad’

Weihong Liu is the board chairwoman of Central Walk, a retail investment company that owns three shopping centres in B.C.

Other

7 d. ago Owner of three shopping malls in B.C. says she wants to buy Hudson’s Bay

A Chinese billionaire in British Columbia has taken to social media to announce her plans to buy dozens of Hudson’s Bay locations after she saw “Canadians feeling sad” over the collapse of the retail giant. Entrepreneur Weihong Liu is the board chairwoman of Central Walk, a retail investment company that owns three shopping centres in […]

Other

8 d. ago Chinese billionaire in B.C. says she wants to buy Hudson’s Bay

A Chinese billionaire in B.C. has announced plans to buy dozens of Hudson's Bay locations after she saw "Canadians feeling sad" over the collapse of the retail giant. 

Other

8 d. ago Hudson's Bay announces huge warehouse sale in Toronto amid liquidation

Hudson's Bay has just announced a major warehouse sale, the likes of which we've rarely seen, while liquidation continues at the majority of its stores in Canada.It's been a tough go for Canada's oldest company, as Hudson's Bay filed for creditor protection last month, sending the majority of its locations across the country into liquidation, slated to close in the coming months.Fortunately for consumers, business struggles for them can also mean major savings for us, and, in their latest move, The Bay is announcing major price cutbacks at their warehouse.While regularly, shoppers can expect to find discounts of up to 30 per cent off Hudson's Bay products at their Etobicoke warehouse, this sale is ramping things way up, with discounts of up to 60 per cent off everything.When I say everything, I really do mean everything. You'll be able to score 60 per cent off furniture and 50 per cent off patio furniture, on top of discounts on kitchenware, apparel, decor, handbags and ev...

Other

9 d. ago B.C. billionaire says she wants to acquire 'dozens' of Hudson’s Bay stores

Weihong Liu is chair of Central Walk, which owns the massive Tsawwassen Mills mall, Mayfair shopping centre in Victoria and Woodgrove Centre in Nanaimo

Other

1 week ago CEO and other Hudson’s Bay insiders face deadline to express interest in assets

Everything from leases to the rights to the company's famed Stripes brand and even its art collection may be up for grabs

Events

1 week ago Deadline nearing for Hudson’s Bay insiders to declare interest in assets

TORONTO — Hudson’s Bay insiders, including its head honcho Richard Baker, have until the end of Monday to declare whether they’re interested in making a bid for any of the ailing company’s assets or leases. Twin processes underway to uncover interest in the company’s physical and intellectual property force the department store’s parent company, its […]

Events

2 w. ago Competition Bureau pushes back on Google in market abuse suit

The Competition Bureau pushed back on Google in its ongoing lawsuit over the tech giant’s advertising practices in Canada, accusing the company of seeking to mask its alleged anticompetitive conduct.  In court documents filed Friday, Competition Commissioner Matthew Boswell repeated its previous allegations and said Google’s recent legal response describes an ad market that “ignores […]

Events

2 w. ago Letters April 2, 2025: ‘Once again the little guy, Bay employees, are getting a bad deal.’

LITTLE GUY GETS SHAFTED AGAIN It’s sad that Hudson’s Bay, with a history of more than 350 years, is closing. We’re hearing that there will be no severance pay for the employees losing their jobs but, lo and behold, there’s a plan to give “retention bonuses” to upper management so that they don’t look elsewhere […]

Other

2 w. ago Primaris REIT Announces $60 Million Disposition; HBC, NCIB, & Financing Updates

TORONTO — Primaris Real Estate Investment Trust (“Primaris” or the “REIT”) (TSX: PMZ.UN) announced today significant progress on its disposition program that supports its capital recycling objectives, and provided additional commentary on its Hudson’s Bay Company (“HBC”) tenancy. Disposition On March 31, 2025, Primaris closed on the sale of St. Albert Centre in St. Albert, […]

Economics