Hudson’s Bay Creditor Protection Extended Until July 31

Hudson’s Bay Creditor Protection Extended Until July 31
Shoppers browse a Hudson's Bay store in Toronto on March 17, 2025. The Canadian Press/Christopher Katsarov
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An Ontario court has extended Hudson’s Bay’s reprieve from the hundreds of businesses it owes money until the end of July.

Judge Peter Osborne granted Canada’s oldest company permission Tuesday to extend the court’s protection from creditors under the Companies’ Creditors Arrangement Act to July 31 rather than ending May 15.