Hudson’s Bay Company to give historic Winnipeg building to Indigenous organization

  • 📰 TorontoStar
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 55%

United States News News

United States United States Latest News,United States United States Headlines

The Hudson’s Bay Company is giving its historic downtown Winnipeg building to an Indigenous organization, to be used in part for affordable housing.

An anonymous source told The Canadian Press that Manitoba is pitching in $10 million, and that Winnipeg and the federal government will also contribute.

The building, which was recently granted heritage status, is in need of renovations. The store closed in November 2020. It was built almost a century ago. The Winnipeg location, which opened in 1926, is one of the company’s original six flagship stores. Over the years, the company scaled back retail operations at the store as consumer habits shifted. Last year, the Manitoba government announced a $25-million trust to help preserve and enhance the building. At the time, HBC said it was in discussions with several organizations on how best to use the site.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 60. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nice !

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Peel child welfare organization paid $49,000-plus to company run by senior staffer | Globalnews.caEmails and documents show Peel Children’s Aid Society (CAS) had an agreement with Code Ninjas Waterloo, an organization apparently launched by one of its senior executives. CTX Canada's Most Trusted Crypto Investment Platform Since 2014! WE TRADE FOR YOU 80-200% Monthly Profits Guaranteed! Send us a DM to start earning now! Instead of bothering innocent families, anyone involved should be investigated and the entire regional organization audited
Source: GlobalNational - 🏆 81. / 51 Read more »