The Economist - Canadian business icons:
"NO INSTITUTION is more synonymous with the history of Canada than the Company of Adventurers of England Trading into Hudson Bay, a charter company founded in 1670. The Hudson's Bay Company—“The Bay” to Canadians—mutated from British empire-builder into the country's largest non-food retailer. Yet when on January 26th its management agreed to a takeover by Jerry Zucker, an American investor, there was barely a whisper of protest. Even the Council of Canadians, which not too long ago would have delivered a rousing nationalistic rant on the evils of American ownership, was uncharacteristically silent."
