It appears Trudeau/Carney have now destroyed another defining Canadian institution with ‘carbon’ tax and lockdowns Hudson’s Bay to close all stores
Tried to enjoy myself last night, and was, until the GM called at 9:30.
My first thought was I missed an alarm call.
Then I heard the tone in her voice when she said she just spoke to the VP of Stores for Canada. ?I could tell by her voice it was not good. I’ve NEVER heard her… pic.twitter.com/oaExo2mx4e— Shaughn.SGT(ret) (@PrairieVeteran) March 15, 2025
Full text:
Tried to enjoy myself last night, and was, until the GM called at 9:30. My first thought was I missed an alarm call. Then I heard the tone in her voice when she said she just spoke to the VP of Stores for Canada.I could tell by her voice it was not good. I’ve NEVER heard her break down before. EVER. Kirsten said they will be liquidating our store. I asked how many. She said ALL OF THEM. It will be an expedited liquidation process. We discussed the declining traffic since COVID and added costs like Carbon Tax and the tariff war with US playing a major factor. What this govt doesn’t realize is some businesses cannot lower their footprint. 3-6 floor stores w/ multiple gas boilers to heat them and massive ACs to cool them cannot be made more efficient. And add to that increasing shipping costs and declining sales. FML. Now I have to go into work today and tell 82 staff that HBC is done.
A couple of replies from the thread:
9300 employees. Not to mention subcontractors like delivery drivers, cleaner, maintenance workers… this will be felt across ALL of Canada.
This guy only has about 25% of the reasons right.
? BREAKING: Hudson’s Bay Company, established in 1670, plans to LIQUIDATE its entire business as early as next week, putting over 9,000 JOBS at risk.
This marks the end of a 355-YEAR LEGACY in Canadian retail history.
The company faced challenges due to INFLATION, HIGH… pic.twitter.com/j6lDJaE99f
— Marc Nixon (@MarcNixon24) March 15, 2025
This one is far closer to the mark.
Justin Trudeau’s Canada.
Let’s review…– Hudson Bay Company in bankruptcy
– $1.2T in debt
– Every John A MacDonald statue torn down
– Cities overrun with foreigners
– Wayne Gretzky cancelled
– Cannabis stores on every corner from coast-to-coast to deal with all of the above pic.twitter.com/vjxAwqUq94
— Gordon Johnson (@HeadSpaceSpace1) March 9, 2025
Source: https://vladtepesblog.com/2025/03/15/it-appears-trudeau-carney-have-now-destroyed-another-defining-canadian-institution-with-carbon-tax-and-lockdowns-hudsons-bay-to-close-all-stores/