Editor’s note: This short piece is about a petition created by the author. You can sign it here.
Hudson’s Bay has been a cornerstone of Canadian retail and history for over 350 years. Now, it stands on the brink of liquidation, putting thousands of jobs, creditors, suppliers, and landlords at risk. While financial challenges have led to this crisis, we believe there is still hope—if the right people take action in time.
Why This Matters
If Hudson’s Bay shuts down, it won’t just affect the company. The impact will be felt nationwide:
- Thousands of employees will lose their jobs, with little time to find alternatives.
- Creditors and suppliers will suffer financial losses, making it harder for them to stay afloat.
- Landlords will lose major anchor tenants, impacting shopping centers across Canada.
- Shoppers and communities will lose a piece of Canada’s history that has been part of our culture for generations.
The truth is, liquidation is not the only option. A well-structured restructuring plan could allow Hudson’s Bay to continue operations, pay its debts over time, and protect jobs. But for this to happen, creditors, landlords, and decision-makers must act fast.
Public support is growing
In just a few days, our petition has gained over 1,000+ signatures from people who believe Hudson’s Bay should remain open. The message is clear—Canadians care, and we want a better solution.
We urge the court, creditors, and stakeholders to explore every possible alternative before deciding on full liquidation. Hudson’s Bay is more than just a store—it’s part of our shared heritage, and its future matters.
How you can help
We need more voices to ensure this issue gets the attention it deserves. Sign the petition, share it, and help us push for a solution that works for everyone—before it’s too late. Together, we can make a difference.
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- Riley Donovan, editor