History sold out
The Canadian Citizenship test preperation requires one to be aware that The Hudson Bay Company is the oldest chartered company in the world and automatically Canada’s oldest company. Being an immigrant I have a tendency to automatically think of the company when bringing to mind all things Canadian. One tends to picture the regal buildings along Yonge St., the eye-catching displays (Of which the display for the current Harry Potter book is one of my favourites) and so on. So the whole process of a possible auctioning off of the company was quite an anxiety ridden time. Unfortunately though, it came through yesterday. Hudson Bay is now officially owned by an American. He seems to have some pretty good ideas for revival, but there is still the off chance it could be dissolved completely. Quite depressing.