This is The Confederation Report, a weekly analysis of Canadian news and culture from a Biblical worldview.

Part I: Financial Troubles for Company that Pre-dates Canada (0:05-2:35)
Hudson’s Bay Company faces insolvency with nearly $1 billion in debt, blaming retail struggles and past real estate shifts.
Part II: Liquidation and Disappearance (2:37-5:07)
With Canada’s oldest business facing imminent closure, we are witnessing the end of a retail era, while nearly 10,000 employees are left in limbo.
Part III: A Christian View of Economics (5:10-11:23)
The collapse of Hudson’s Bay Company serves as a warning that economic stability depends on stewardship, justice, and alignment with God’s moral order, rather than speculation, financial manipulation, or centralized control.

Did You Know? (11:26-12:33)
French competition forced the Hudson’s Bay Company to shift from coastal trading to inland expansion, with explorers like Anthony Henday documenting First Nations cultures and shaping future trade strategies.

Recommended Reading (12:36-13:48)
This week’s recommended reading, Hudson Bay: Life on the Canadian Frontier by R.M. Ballantyne, vividly captures the adventure, survival, and commerce of the fur trade era, offering an immersive look at the challenges and interdependence between European traders and Indigenous peoples.
Follow the Cántaro Institute
X | Instagram | Facebook | Youtube
For more information, go to cantaroinstitute.org
For books on worldview, philosophy and theology, go to cantaroinstitute.store