Hudson's Bay Company, founded in 1670, is preparing to liquidate its entire operations as soon as next week, jeopardizing over 9,000 jobs.
This decision signifies the conclusion of a 355-year legacy in the Canadian retail sector.
The company has encountered difficulties stemming from inflation, elevated interest rates, and changes in consumer spending habits.
A court hearing is scheduled for Monday to finalize these plans.
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Liberal policies have contributed to high inflation and rising interest rates, hastening the decline of a company that has withstood wars, recessions, and the Great Depression.
Currently, 50% of Canadians are merely $200 away from financial insolvency.
Despite this, many continue to support the Liberal party, which is astonishing.
Source @Nixon
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