An Ontario court has extended Hudson’s Bay Company’s reprieve from creditors to June 30, 2026. The stay had been set to expire March 31.
The extension allows HBC to continue auctioning its 4,400-piece art and artifact collection, distribute hardship funds to former employees, and prepare for a court hearing on a pension surplus.
HBC filed for creditor protection in March 2025 with $1.1 billion in debt. The stay blocks new lawsuits and debt recovery efforts while the company winds down operations.