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Hudson’s Bay Company (Plain-Language Summary)

The Hudson’s Bay Company (HBC) was founded in 1670. It is Canada’s oldest company. It started as a fur trading company. Much later, it got involved in retail. It owns 239 department stores in Canada and the United States. These stores include Saks Fifth Avenue and Saks OFF 5th.

This article is a plain-language summary of the Hudson’s Bay Company. If you are interested in reading about this topic in more depth, please see the full-length entry, Hudson’s Bay Company.

Article

Media Convergence in Canada

Media convergence refers to the merging of previously distinct media technologies and platforms through digitization and computer networking. This is also known as technological convergence. Media convergence is also a business strategy whereby communications companies integrate their ownership of different media properties. This is also called media consolidation, media concentration or economic convergence. (See also Media Ownership.)

Article

Hudson's Bay Company

The Hudson’s Bay Company (HBC), chartered 2 May 1670, is the oldest incorporated joint-stock merchandising company in the English-speaking world. HBC was a fur trading business for most of its history, a past that is entwined with the colonization of British North America and the development of Canada. The company now owns and operates nearly 239 department stores in Canada and the United States, including Hudson’s Bay, Saks Fifth Avenue and Saks OFF 5TH. Originally headquartered in London, England, its corporate headquarters are located in Toronto and New York. HBC is a private business owned by a holding company.

This is the full-length entry about the Hudson’s Bay Company. For a plain-language summary, please see Hudson’s Bay Company (Plain-Language Summary).

Article

General Agreement on Tariffs and Trade (GATT) (Plain-Language Summary)

The General Agreement on Tariffs and Trade (GATT) was an international trade agreement. It was signed by 23 nations, including Canada, in 1947. It came into effect on 1 January 1948. It also led to the creation of the World Trade Organization (WTO) in 1995. The GATT was focused on trade in goods. It aimed to reduce tariffs and remove quotas among member countries. The GATT helped reduce average tariffs from 40 per cent in 1947 to less than five per cent in 1993. The GATT was an early step toward globalization. The WTO replaced the GATT on 1 January 1995.

This article is a plain-language summary of the General Agreement on Tariffs and Trade (GATT). If you are interested in reading about this topic in more depth, please see our full-length entry: General Agreement on Tariffs and Trade (GATT).

Article

Media Bias in Canada (Plain-Language Summary)

Bias is when you support or oppose someone or something based on your own opinion, regardless of the evidence. Media bias is when content spread by media reflects the interests of that company or its ownership. Corporations may have a clear bias for one political party or issue. A company may have its media outlets reflect that bias. Journalists or news outlets may favour one side of an issue and reflect that bias in the way they cover stories. Bias can be overcome by being aware of it and talking about it. And by listening to people from less privileged backgrounds.