Canada Economy

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Canada Economy

Store fixtures are seen inside a nearly empty Hudson's Bay store in Toronto, Ontario, Canada, on June 14, 2025. Hudson's Bay Company (HBC), the oldest corporation in North America founded in 1670 as a fur trading enterprise, begins shutting down its iconic department stores after filing for creditor protection in March 2025, with its trademarks and historic coat of arms sold to Canadian Tire in a final step marking the end of an era. (Photo by Creative Touch Imaging Ltd./NurPhoto)


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