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Hudson’s Bay Liquidation Marks End of an Era, Thousands of Jobs at Stake

  Hudson’s Bay, Canada’s oldest retail company, is set to liquidate the majority of its stores, leaving thousands of employees facing layoffs. The company, which has been a cornerstone of Canadian retail for over 350 years, recently filed for creditor protection due to financial challenges, including reduced consumer spending and post-pandemic downtown traffic. Starting today, liquidation sales will begin at all but six Hudson’s Bay locations across the country. The six stores spared include flagship locations in Toronto and Montreal, among others. However, the company has warned that these stores could also face closure if a restructuring solution is not found quickly. The liquidation process is expected to impact over 9,000 employees directly, with additional effects on contractors and brand shop-in-shop staff. Many employees, some with decades of service, are grappling with the emotional and financial toll of the closures. The liquidation sales are set to run until June 15, with...
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Ontario is gearing up for a significant change on its highways as the Ford government announces an increase in speed limits. Starting July 12, drivers will experience a new pace of travel with speed limits rising to 110 km/h on select sections. This move is set to affect over 250 km of Highway 401, including stretches around Kingston and Belleville, as well as parts of Highway 403 near Brantford.

The decision follows a successful pilot program and consultations that began in 2019. It also aligns Ontario’s speed limits with those in other Canadian provinces, making for a more uniform driving experience across the country. The government assures that the highways were originally designed to safely accommodate the new speed limits, and data from the 2022 changes support this claim.

While the speed limit increase is welcomed by many for its promise of a more convenient commute, it does not alter the threshold for stunt driving charges. In Ontario, speeds exceeding 50 km/h above the posted limit can lead to such charges, and with the new changes, 150 km/h remains the cutoff.

As Ontario prepares for this shift, drivers are reminded to adjust their habits accordingly and enjoy the benefits of a faster, yet safe, journey on the province’s highways.

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