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Reading: Court Approves Hudson’s Bay Plan to Auction Its Royal Charter; $18M Bid Expected
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court-approves-hudson’s-bay-plan-to-auction-its-royal-charter;-$18m-bid-expected
Court Approves Hudson’s Bay Plan to Auction Its Royal Charter; $18M Bid Expected

Court Approves Hudson’s Bay Plan to Auction Its Royal Charter; $18M Bid Expected

Last updated: November 21, 2025 10:48 pm
By The Canadian Press
1 Min Read
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Court Approves Hudson’s Bay Plan to Auction Its Royal Charter; $18M Bid Expected

The 1670 royal charter signed by King Charles II establishing Hudson’s Bay, is shown on display at the Manitoba Museum where it was loaned to be displayed alongside its permanent collection of Hudson’s Bay artifacts, in this 2020 handout photo. The Canadian Press/HO – Manitoba Museum

The royal charter that created Hudson’s Bay in 1670 is on its way to the auction block.

Ontario Superior Court judge Peter Osborne on Friday approved a process that will see the document owned by the defunct retailer sold early next month. The auction will kick off with an $18-million bid from holding companies belonging to two of Canada’s richest families, the Westons and Thomsons.

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