Overview
- Wittington Investments Ltd., the Weston family’s holding company, has reached a deal to buy the 1670 Royal Charter and give it to the Canadian Museum of History.
- The parchment document, signed by King Charles II in 1670, established HBC’s extensive land and trade privileges across modern Canada.
- The transfer awaits approval from the court overseeing Hudson’s Bay Company’s creditor protection proceedings.
- As part of the agreement, the Westons will fund Indigenous-led consultations on the charter’s presentation and interpretation.
- The move addresses concerns raised after HBC filed for creditor protection in March and sought to auction thousands of artifacts through Heffel Gallery.