Hudson’s Bay Company, Canada’s oldest retailer, didn’t die of natural causes — it was gutted by private equity. Stripped of assets and loaded with debt, it leaves behind job losses, endangered pensions, and a hollowed-out legacy reduced to branding rights.
Such a failure to allow this to die. It had a dark past, but they played a pivotal role in the history of our country.
I’ve seen it suggested that it be made a crown corporation operated by indigenous people to provide staple food and other necessities at reasonable prices. Im on board with that idea.