Tara Deschamps
taradeschamps.bsky.social
Tara Deschamps
@taradeschamps.bsky.social
The Canadian Press business reporter, covering tech (including AI) and retail. Cinephile. [email protected]
Pinned
Since March, I’ve written 75 stories on the fall of Hudson’s Bay and yet the closure of its stores today still feels surreal.

If you’ve missed any of my coverage, find it all here:

www.thecanadianpressnews.ca/search/?tncm...
New court documents show Hudson's Bay has returned a $9.4 million deposit to a B.C. billionaire paid as part of her attempt to buy 25 of the retailer's leases.

www.thecanadianpressnews.ca/business/hud...
Hudson's Bay returns $9.4 million deposit to billionaire Ruby Liu: court docs
TORONTO - New court documents show Hudson's Bay has returned a $9.4 million deposit to a B.C. billionaire paid as part of her attempt to buy 25 of the retailer's
www.thecanadianpressnews.ca
December 8, 2025 at 9:37 PM
Reposted by Tara Deschamps
Renegade architect Frank Gehry has died at 96.

My look at his life and career, which
brought unique personality to Toronto's Art Gallery of Ontario, the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.

www.thecanadianpressnews.ca/national/can...
Canadian-born renegade architect Frank Gehry dies at 96
TORONTO - Frank Gehry, the Canadian-born renegade architect behind some of the world's most recognizable buildings, has died at 96.
www.thecanadianpressnews.ca
December 6, 2025 at 12:34 AM
The first in a series of online auctions to sell off Hudson's Bay's treasures closed Thursday with one Kuba Bryzgalski painting of snowshoers in striped coats going for $170,000 and a single bidder dropping $27,100 total on seven vintage point blankets.

www.thecanadianpressnews.ca/business/bry...
December 5, 2025 at 3:04 AM
Sleep Country has bought the rights to Bed Bath & Beyond Canada and has plans to relaunch the brand next year.

My scoop: www.thecanadianpressnews.ca/business/sle...
Sleep Country Canada charting revival of Bed Bath & Beyond next year
TORONTO - Sleep Country Canada Inc. is on the cusp of bringing back Bed Bath & Beyond.
www.thecanadianpressnews.ca
December 4, 2025 at 10:52 PM
Hudson’s Bay has chosen the Thomsons and Westons to purchase the retailer’s 355-year-old royal charter.

www.thecanadianpressnews.ca/business/tho...
Thomson, Weston families win Hudson's Bay charter auction: retailer
TORONTO - The Thomson and Weston families have emerged victorious from a process meant to decide who will be able to purchase the royal charter that formed Hudson's Bay.
www.thecanadianpressnews.ca
December 3, 2025 at 5:33 PM
No competing bids for Hudson's Bay's royal charter have emerged, paving the way for the Thomson and Weston families to purchase the artifact, a source tells me.

www.thecanadianpressnews.ca/business/tho...
Thomson, Weston families' bid for Hudson's Bay charter uncontested: source
TORONTO - No competing bids for Hudson's Bay's royal charter have emerged, paving the way for the Thomson and Weston families to purchase the artifact, a source says.
www.thecanadianpressnews.ca
December 2, 2025 at 3:32 AM
Shoppers say they’ll buy Canadian this holiday season but will they?

I look at the tug of war between pricing and patriotism right now
www.thecanadianpressnews.ca/business/pri...
Price vs. patriotism: Holiday season a test for buy Canadian sentiment
TORONTO - When customers visited Lisa Pozin's two Vancouver gift shops earlier this year, they had buy Canadian on the brain.
www.thecanadianpressnews.ca
December 1, 2025 at 4:15 PM
GLP-1s like Ozempic have people eating less and healthier. That spells trouble for the fast-food industry.

I delved into the challenge they’re facing:
www.thecanadianpressnews.ca/health/ozemp...
Ozempic and other GLP-1s about to take a bite out of the fast-food business: experts
If you visit a fast-food chain in the next few years, expect the menu to look a little less gluttonous.
www.thecanadianpressnews.ca
November 30, 2025 at 1:09 PM
Shopify says it has laid off a "fraction of a per cent" of its team to keep the company “fast, sharp and focused on long-term merchant success.”

www.thecanadianpressnews.ca/business/sho...
Shopify lays off staff to keep team 'fast, sharp and focused'
Shopify Inc. says it has laid off some of its staff to help streamline the e-commerce software giant.
www.thecanadianpressnews.ca
November 29, 2025 at 4:41 AM
Mall owner Cadillac Fairview is suing the U.S. arm of Hudson's Bay for more than $75 million in losses and damages related to former Saks Fifth Avenue stores in Canada. 

www.thecanadianpressnews.ca/business/cad...
Cadillac Fairview suing U.S. arm of Hudson's Bay over former Saks Fifth Avenue stores
TORONTO - A major mall owner is suing the U.S. arm of Hudson's Bay for more than $75 million in losses and damages related to former Saks Fifth Avenue stores
www.thecanadianpressnews.ca
November 27, 2025 at 10:15 PM
This year, Santa’s little helper isn’t an elf. It’s AI.

I looked at how shoppers are using the technology to find gifts, often at the lowest prices

www.thecanadianpressnews.ca/business/why...
Why AI is poised to become Santa's little helper this holiday
Dan Box tells ChatGPT about his kids all year long.
www.thecanadianpressnews.ca
November 24, 2025 at 2:17 PM
The royal charter that created Hudson’s Bay in 1670 is on its way to the auction block with two of Canada's richest families —the Westons and Thomsons — starting the bidding at $18 million.

www.thecanadianpressnews.ca/business/cou...
Court approves Hudson's Bay plan to auction its royal charter; $18M bid expected
TORONTO - The royal charter that created Hudson’s Bay in 1670 is on its way to the auction block.
www.thecanadianpressnews.ca
November 21, 2025 at 8:46 PM
The Hudson’s Bay auction has wrapped with $5.9 million in sales.

Several pieces went for record amounts and all surpassed the conservative estimates Heffel set for them.

My story describing how the action unfolded: www.thecanadianpressnews.ca/business/auc...
November 20, 2025 at 1:42 AM
It’s Hudson’s Bay auction day.

Homes will be found for 27 paintings — including a Churchill and a Bell-Smith— the retailer owns.

Here’s a piece setting up the sale. www.thecanadianpressnews.ca/business/cre...
November 19, 2025 at 1:28 PM
Reposted by Tara Deschamps
Canada’s research and scientific spending is declining relative to other nations, Council of Canadian Academies report says, by @ivansemeniuk.bsky.social www.theglobeandmail.com/canada/scien... via @theglobeandmail.com
Canada’s research and scientific spending is declining relative to other nations, report says
Low rate of R&D investment plays key role in productivity crisis, according to Council of Canadian Academies
www.theglobeandmail.com
November 18, 2025 at 3:47 PM
Oxford is fighting RioCan over whether Fairweather Ltd. should be allowed to buy Hudson’s Bay’s Yorkdale lease. Court docs say Fairweather wants to open Les Ailes de la Mode in the property.

www.thecanadianpressnews.ca/business/fai...
Fairweather too 'downmarket,' unsuitable to take over HBC space in Yorkdale: Oxford
TORONTO - Mall landlord Oxford is fighting another real estate firm to keep Fairweather Ltd. from reviving the defunct Les Ailes de la Mode department store at Yorkdale Shopping Centre
www.thecanadianpressnews.ca
November 17, 2025 at 11:32 PM
A U.S. court has refused to grant Cohere’s request to dismiss a copyright infringement lawsuit several media companies launched against Toronto tech firm.

www.thecanadianpressnews.ca/business/pub...
Publishers' lawsuit against Cohere over copyright infringement allowed to proceed
TORONTO - A copyright infringement lawsuit several media companies launched against Toronto tech firm Cohere is being allowed to proceed, a U.S. court has ruled.
www.thecanadianpressnews.ca
November 17, 2025 at 11:30 PM
Two of Canada's wealthiest families want to team up to make an $18 million bid for the royal charter that formed Hudson's Bay and then donate it to a group of museums to keep the historic document in the country and ensure its preservation.

www.thecanadianpressnews.ca/business/cp-...
Westons, Thomsons to team up for $18M bid on Hudson's Bay charter: court docs
TORONTO - Two of Canada's wealthiest families have agreed to team up to open the bidding at $18 million for the royal charter that formed Hudson's Bay.
www.thecanadianpressnews.ca
November 15, 2025 at 3:19 AM
Hudson's Bay has gifted several war memorials from its former stores to the Royal Canadian Legion and TD Bank Group.

www.thecanadianpressnews.ca/business/hud...
Hudson's Bay gifts war memorials to TD Bank, Royal Canadian Legion branches
TORONTO - Hudson's Bay has gifted several war memorials from its former stores to the Royal Canadian Legion and TD Bank Group.
www.thecanadianpressnews.ca
November 12, 2025 at 6:40 PM
"The events of the Second World War are very rapidly moving from the realm of lived history of people you can talk to … into history where you can't talk to the people who remember them.”

Lest we forget

www.thecanadianpressnews.ca/politics/eve...
'Everybody's gone': Canadians mark sombre Remembrance Day as number of vets dwindles
OTTAWA - Eight decades after the end of the deadliest military conflict in history, Canadians paused for Remembrance Day ceremonies Tuesday to honour those who put their lives on the
www.thecanadianpressnews.ca
November 12, 2025 at 12:05 AM
Reposted by Tara Deschamps
How realistic are Canada's prospects of joining the Eurovision Song Contest?

I checked in with @williamleeadams.bsky.social of @wiwibloggs.bsky.social, as well as the Canadian producer who's behind the "Eurovision Canada" pitch, to see where we stand.
www.thecanadianpressnews.ca/business/how...
How realistic are Canada's prospects of joining the Eurovision Song Contest?
TORONTO - Canadian fans of the Eurovision Song Contest have reason to hope that a homegrown act might one day take part in the outlandish music spectacle.
www.thecanadianpressnews.ca
November 9, 2025 at 5:24 PM
I’ve got your first look at the vintage blankets and art that are in Hudson’s Bay’s first online auction

www.thecanadianpressnews.ca/business/vin...
November 7, 2025 at 2:11 PM
"The Wicked pre-sales are nearly three times what the last one was.”

Cineplex is gearing up for a big movie release to close out the year, CEO Ellis Jacob says.

www.thecanadianpressnews.ca/business/cin...
a woman in a pink dress stands next to a woman in a black hat
ALT: a woman in a pink dress stands next to a woman in a black hat
media.tenor.com
November 7, 2025 at 12:12 AM
Canadian Tire says flyer delivery is being hampered by Canada Post job actions.

More on the retailer’s “disappointment” about the current state of mail delivery: www.thecanadianpressnews.ca/business/can...
Canadian Tire feeling 'disappointment' after mail strikes hamper flyer delivery: CEO
TORONTO - Recent postal service strikes have dealt a blow to Canadian Tire Corp. Ltd.'s marketing efforts.
www.thecanadianpressnews.ca
November 7, 2025 at 12:00 AM
Reposted by Tara Deschamps
One of the surprising casualties of the trade war between Canada and the United States is the trading card hobby. PSA, the world's largest grading company, has officially opened a grading centre in Mississauga, Ont., to help Canadian collectors bypass hefty duties www.tsn.ca/nhl/article/...
PSA officially opens Canadian grading centre to help ease tariffs for card collectors
Professional Sports Authenticator, the leading collectibles grader and authenticator in the United States, has officially opened a Canadian submission centre.
www.tsn.ca
November 6, 2025 at 4:48 PM