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Michael R. King

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Associate Professor, Gustavson School of Business and Lansdowne Chair in Finance, University of Victoria

Pedestrians pass the Hudson’s Bay building in downtown Calgary on March 20, 2025. THE CANADIAN PRESS/Jeff McIntosh

March 24, 2025

Hudson’s Bay liquidation: What happens when a company goes bankrupt?

Michael R. King, University of Victoria and Douglas A. Stuart, University of Victoria

Like many retailers, Hudson’s Bay struggled during the COVID-19 pandemic, but its troubles ran deeper. Now, the company is liquidating almost all its stores.

The U.S. Federal Deposit Insurance Corporation seized the assets of Silicon Valley Bank on March 10, 2023, marking the largest bank failure since Washington Mutual during the height of the 2008 financial crisis. (AP Photo/Jeff Chiu)

March 16, 2023

Silicon Valley Bank’s failure: Could something similar happen in Canada?

Michael R. King, University of Victoria

Large Canadian banks are likely not at risk of bank failures, but history suggests smaller, more niche financial service firms could be.

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Joined March 15, 2023