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globalization

Monday March 17, 2025

March 17, 2025 by Graeme MacKay

The closure of Hudson's Bay marks the end of a storied Canadian institution, reflecting globalization's impact and stirring nationalistic sentiments amid modern political tensions.

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Monday March 17, 2025

Also published in the Toronto Star.

The End of an Era: Farewell to Hudson’s Bay, a Canadian Icon

As we bid farewell to Hudson’s Bay Company, we are not just witnessing the closure of a retail chain but the end of an era that has woven itself into the very fabric of Canadian history and identity. For over three centuries, Hudson’s Bay has been more than a shopping destination; it has been a symbol of exploration, innovation, and resilience.

Founded in 1670, Hudson’s Bay was at the forefront of the fur trade, playing a pivotal role in the exploration and mapping of vast stretches of North America. Its iconic trading posts served as the foundation for many Canadian communities, marking the beginning of settlements that would grow into thriving cities. The company’s history is a testament to the spirit of adventure and enterprise that has shaped our nation.

News: Hudson’s Bay returns to court to seek approval to begin liquidating its business

However, the trajectory of Hudson’s Bay took a significant turn in 2008, when it was acquired by NRDC Equity Partners, a U.S. equity group. This acquisition marked a new chapter for the company, reflecting the broader realities of globalization. We’ve become accustomed to seeing long-established Canadian institutions pass into foreign hands—from donuts to beer, and from steel companies to department stores. Many things Canadians have embraced as their own are now under the control of foreign corporations.

To Canadian nationalists, this trend can feel like an affront. The idea that the fate of a Tim Horton’s maple glazed donut rests with a board in Ohio or that a Molson Canadian beer is influenced by decisions made in Denver can be unsettling. Similarly, the sale of Hudson’s Bay to an American investment corporation might be dismissed with a yawn by some, but it’s emblematic of a larger shift.

What many, including myself, find intriguing and lamentable is how the story of the once mighty Hudson’s Bay Company ends like this. A company that ruled over vast, undeveloped lands in North America for centuries is now just another token of commerce, passed between owners with little regard for its historical significance. Chartered in 1670 by King Charles II, Hudson’s Bay built relationships with Indigenous peoples, mapped rivers and coastlines, and laid the groundwork for Canada as we know it today. It’s difficult to dismiss this as just another corporate transaction.

News: The fall of Hudson’s Bay Co., a Canadian retail icon

In the present day, the rub against Canadians is compounded by the rhetoric from the current President, who openly discusses the idea of annexation and making Canada the 51st state. This adds another layer of complexity and tension, as Canadians grapple with the loss of iconic brands and the broader implications of such political discourse.

Yet, amidst this change, there is a silver lining. The original documents, photos, drawings, and records of the Hudson’s Bay Company will remain in Canada, preserved in the HBC Archives in Winnipeg, Manitoba. This ensures that the legacy of Hudson’s Bay, its contributions to Canadian history, and its influence on the development of the nation will not be forgotten.

July 18, 2008

As we move forward, let us honour the legacy of Hudson’s Bay by supporting local businesses, fostering community connections, and celebrating the rich tapestry of Canadian history that it helped to create. The end of Hudson’s Bay is a loss, but it is also an opportunity to reflect on what it means to be Canadian and how we can carry forward the values that have defined this iconic institution for centuries.

This editorial cartoon was adapted from one which was originally published July 18, 2008


As I think about the closure of Hudson’s Bay, I find myself reflecting on its significance in shaping Canada’s history. While I can’t recall the last time I visited one of their stores, my connection to Hudson’s Bay is symbolized by the iconic striped blanket that keeps me warm every night—a fun fact being that these blankets are actually made in the UK.

Today, I’m in Toronto for an event tonight, and plan to make a nostalgic stop this afternoon at the flagship store at Yonge and Bay. If its doors are still open, I’ll take a moment to appreciate the memories and legacy of this storied institution.

The transition of Hudson’s Bay into American ownership in 2008 was a moment I captured in a cartoon, and now, with the rise of e-commerce, it faces new challenges. Although the retail landscape has changed, the history and impact of Hudson’s Bay continue to resonate, reminding us of its enduring role in our national narrative.

This editorial cartoon was adapted from one which was originally published July 18, 2008 https://mackaycartoons.net/2008/07/18/july-18-2008/

– The Graeme Gallery

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Posted in: Business, Canada Tagged: 2025-06, annexation, archives, Canada, closure, equity, globalization, Grim reaper, HBC, heritage, history, Hudson's Bay, identity, legacy, nationalism, nostalgia, retail, Substack, Trade

Friday September 2, 2016

September 1, 2016 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator Ð Friday September 2, 2016 Trudeau and Chinese premier explore possibleÊfree trade deal Prime Minister Justin Trudeau has brought Canada closer to China after agreeing with the Chinese premier to deepen theÊcountriesÕ relationships Ñ and explore a possible free trade deal. After meeting with Trudeau, Chinese Premier Li Keqiang told reporters through a translator that Canada and China will launch aÊfeasibility study on an eventual free-trade deal. A senior Canadian official later said the two countries have ongoing technical discussions on free trade, but stressed that thereÊare no negotiations under way at this point. ÒThis year marks 45 years of diplomatic relations between Canada and China,Ó Trudeau said as he stood beside Li in BeijingÕsÊGreat Hall of the People, which overlooks Tiananmen Square. ÒMy father, Pierre Elliott Trudeau, played an important role in establishing a partnership between our two countries when heÊwas prime minister. So, IÕm very happy to be extending that effort now.Ó The countries also agreed to hold annual meetings between the Chinese premier and the Canadian prime minister on a range ofÊissues, including national security and the rule of law. (Source: Toronto Star) https://www.thestar.com/news/canada/2016/08/31/trudeau-and-chinese-premier-explore-possible-free-trade-deal.html Canada, China, globalization, free, trade, employment, economics, diplomacy, propaganda

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Friday September 2, 2016

Trudeau and Chinese premier explore possible free trade deal

Prime Minister Justin Trudeau has brought Canada closer to China after agreeing with the Chinese premier to deepen the countries’ relationships — and explore a possible free trade deal.

After meeting with Trudeau, Chinese Premier Li Keqiang told reporters through a translator that Canada and China will launch a feasibility study on an eventual free-trade deal.

A senior Canadian official later said the two countries have ongoing technical discussions on free trade, but stressed that there are no negotiations under way at this point.

 

 

“This year marks 45 years of diplomatic relations between Canada and China,” Trudeau said as he stood beside Li in Beijing’s Great Hall of the People, which overlooks Tiananmen Square.

“My father, Pierre Elliott Trudeau, played an important role in establishing a partnership between our two countries when he was prime minister. So, I’m very happy to be extending that effort now.”

The countries also agreed to hold annual meetings between the Chinese premier and the Canadian prime minister on a range of issues, including national security and the rule of law. (Source: Toronto Star)


2016-09-02tearsheet

 

Posted in: Business, Canada, International Tagged: Canada, China, diplomacy, economics, Employment, free, globalization, propaganda, tearsheet, Trade

Wednesday August 24, 2016

August 23, 2016 by Graeme MacKay

By Graeme MacKay, The Hamilton Spectator - Wednesday August 24, 2016 Locals outraged at OttawaÕs Òdeafening silenceÓ on steel industry Union leaders, Opposition MPs and even the Chamber of Commerce are pressing the federal government to help Canada's struggling steel industry. Two Hamilton Members of Parliament, three chambers of commerce and union leaders at the local and provincial levels separately have called for help for the industry and especially for retirees and workers in Hamilton. NDP MPs Scott Duvall (Hamilton Mountain)Êand Dave Christopherson (Hamilton Centre) have written to Economic Development Minister Navdeep Bains, saying the federal government has stayed on the sidelines too long. "To date, your government has not been tangibly involved in any way to help protect the jobs, benefits and pensions of current and former employees of USSC/Stelco despite commitments previously made by colleagues and the Prime Minister" they wrote. "Workers, pensioners, the business community and the City of Hamilton have all appealed for your help. So far, you and your government have been missing in action.Ó As a start, they want the government to release the "secret deal" that ended a lawsuit against U.S. Steel for breaking the production and employment promises it made to get government approval for the acquisition. They also back a call by the United Steelworkers union for a public inquiryÊinto Canadian bankruptcy law they say favours creditors at the expense of workers and retirees, and the 2007 takeover of Stelco by U.S. Steel. Duvall has raised the issue in ParliamentÊseveral times. U.S. Steel Canada, the former Stelco, has been under creditor protection since Sept. 16, 2014. It is seeking a buyer for the mills in Hamilton and Nanticoke. On the business front, chambers of commerce in Hamilton, Windsor and Sault Ste. Marie are taking a joint resolution to the Canadian chamber's national convention calling for a policy to protect the industry from unfair fo

By Graeme MacKay, The Hamilton Spectator – Wednesday August 24, 2016

Locals outraged at Ottawa’s “deafening silence” on steel industry

Union leaders, Opposition MPs and even the Chamber of Commerce are pressing the federal government to help Canada’s struggling steel industry.

Two Hamilton Members of Parliament, three chambers of commerce and union leaders at the local and provincial levels separately have called for help for the industry and especially for retirees and workers in Hamilton.

By Graeme MacKay, Editorial Cartoonist, The Hamilton Spectator - Thursday September 26, 2015 Dispute over U.S. Steel Canada restructuring sent to mediation The dispute between United States Steel Corp. and its stakeholders over the future of U.S. Steel Canada Inc., has been sent to mediation by the Ontario Superior Court judge overseeing the Canadian unitÕs restructuring. The issues in dispute between the United Steelworkers union, the Ontario government, salaried active and retired employees, and a former president of its predecessor company Stelco Inc. on one side and U.S. Steel on the other, will be examined by former Ontario Superior Court associate chief justice Douglas Cunningham in a three-day session scheduled to begin next week. ÒThe mediation shall address the feasibility of a comprehensive agreement among the parties,Ó Justice Herman Wilton-Siegel said in an order. The mediation will also address a business plan for the Canadian unit, its potential sale, the shift of production of high value-added steel to the United States and U.S. SteelÕs claim of more than $2-billion against the Canadian unit. U.S. Steel Canada has been operating under the CompaniesÕ Creditors Arrangement Act since last September, but the announcement by its parent company that it plans to shift production of about 180,000 tons of high-quality steel annually out of its Canadian operations has sparked an imminent crisis in the restructuring. Shifting production would diminish the value of the Canadian assets in the eyes of potential buyers, steel industry sources said. U.S. Steel has started a sales process that has led to a bid by one competitor Ð Essar Steel Algoma Inc., which is based in Sault Ste. Marie, Ont., but has the backing of a deep-pocketed parent company in India. Potential buyers also need to wonder whether other steel-making contracts will be shifted out of Canada, leaving the Canadian operations to depend entirely on the spot steel market. Stakeholders have quest

Thursday September 26, 2015

NDP MPs Scott Duvall (Hamilton Mountain) and Dave Christopherson (Hamilton Centre) have written to Economic Development Minister Navdeep Bains, saying the federal government has stayed on the sidelines too long.

“To date, your government has not been tangibly involved in any way to help protect the jobs, benefits and pensions of current and former employees of USSC/Stelco despite commitments previously made by colleagues and the Prime Minister” they wrote. “Workers, pensioners, the business community and the City of Hamilton have all appealed for your help. So far, you and your government have been missing in action.”

As a start, they want the government to release the “secret deal” that ended a lawsuit against U.S. Steel for breaking the production and employment promises it made to get government approval for the acquisition.

They also back a call by the United Steelworkers union for a public inquiry into Canadian bankruptcy law they say favours creditors at the expense of workers and retirees, and the 2007 takeover of Stelco by U.S. Steel. Duvall has raised the issue in Parliament several times.

Thursday September 18, 2014

September 18, 2014

U.S. Steel Canada, the former Stelco, has been under creditor protection since Sept. 16, 2014. It is seeking a buyer for the mills in Hamilton and Nanticoke.

On the business front, chambers of commerce in Hamilton, Windsor and Sault Ste. Marie are taking a joint resolution to the Canadian chamber’s national convention calling for a policy to protect the industry from unfair foreign competition.

By Graeme MacKay, Editorial Cartoonist, The Hamilton Spectator - Friday October 9, 2015 Decision on U.S. Steel Canada benefit, tax cuts Friday The judge presiding over U.S. Steel Canada restructuring hearings says he will render a decision Friday on a controversial plan to sever the subsidiary from its parent company and relieve it of tens of millions of dollars in pension benefit and municipal tax obligations. Justice Herman J. Wilton-Siegel said it is one of the toughest decisions he has had to make from the bench. He said he will give a short written summary of his decision tomorrow and then follow it up with a detailed explanation next week. Dozens of USSC retirees bused into Toronto again today and packed the courtroom where lawyers representing stakeholders gave their final submissions. A lawyer for the steelmaker reiterated the company's position that USSC was a victim of circumstances and changing market conditions that turned the business into a crisis requiring the difficult measures of the transition agreement. Pension benefit obligations were estimated to be $40 million before the end of this year and the company does not have the funds, he said. He refuted arguments from United Steelworkers lawyers that savings could be found elsewhere Ñ making the pension benefit hit unnecessary Ñ and that the company's grim fortunes were the result of steel orders being moved from the Canadian subsidiary to other U.S. Steel operations. United Steelworkers 1005 President Gary Howe said after the hearing that he expects the judge to go along with the company plan because it has the backing of the monitor overseeing the proceedings. In its most recent statement, the monitor said "a near-term cessation of operations will be necessary" if the company plan isn't accepted. (Source: Hamilton Spectator) http://www.thespec.com/news-story/5951456-decision-on-u-s-steel-canada-benefit-tax-cuts-friday/ Hamilton, U.S. Steel, Trade, Foreign Investment, subsidies, bailout, St

Friday October 9, 2015

“The biggest issue for us is dumping from China,” said Hamilton Chamber of Commerce president Keanin Loomis. “Obviously there’s a real issue of fairness there.”

Products are dumped in foreign markets when they are sold for less than their costs of production or with subsidies from a government.

“What we want is a level playing field in the global production and procurement process,” added Rory Ring, executive director of the Sault chamber. “We’re competing against companies that are either government owned or that operate with less than reasonable environmental and labour laws.” (Source: Hamilton Spectator)

 

 

Posted in: Business, Canada, Hamilton, Ontario Tagged: benefits, Canada, China, foreign, globalization, Hamilton, industry, investment, Justin Trudeau, labour, Ontario, ostrich, steel, Stelco, Trade, U.S. Steel

Friday March 18, 2016

March 17, 2016 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator Ð Friday March 18, 2016 Loblaws' French's ketchup snub sparks patriotic backlash Loblaws' fleeting decision to stop selling French's ketchup Ñ made from Ontario tomatoes Ñ brought out the patriotic side of Canadian consumers and forced the grocery giant to give the underdog brand a second chance. "In many ways, Loblaws dropping the French's ketchup line has been a huge boost to the brand awareness that French's even makes ketchup," said Tandy Thomas, a Queen's University business professor who specializes in how consumers connect socially with marketing. "Suddenly French's has become the Canadian brand of ketchup in everyone's minds and that's elevated them to a level of awareness that they never had before." Within 24 hours of announcing it would pull the condiment from shelves, public outcry prompted Loblaws to reverse course. Canadians took to social media in droves to pledge loyalty to the ketchup made from tomatoes farmed in Leamington, Ont., a town once known for its Heinz factory before that company pulled up stakes two years ago. In justifying its initial decision to pull the product, Loblaws cited weak sales for French's, which has struggled to penetrate a ketchup market long dominated by Heinz. "When people really think of ketchup, they think of Heinz. Because there is this iconic image behind it, it makes it very difficult for somebody else to come in and be viewed as something that is an equal competitor," Thomas said. "Someone might come in as a lower-priced competitor and people might choose it based on the price, but they still view it as being inferior to Heinz, which is the gold standard for ketchup." But that could change as Canadians claim sides in the ketchup wars. French's has been held up as a saviour in Leamington since announcing in January that it would make all its ketchup from tomatoes farmed in the community, which was plunged into economic turmoil after Heinz shu

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Friday March 18, 2016

Loblaws’ French’s ketchup snub sparks patriotic backlash

Loblaws’ fleeting decision to stop selling French’s ketchup — made from Ontario tomatoes — brought out the patriotic side of Canadian consumers and forced the grocery giant to give the underdog brand a second chance.

“In many ways, Loblaws dropping the French’s ketchup line has been a huge boost to the brand awareness that French’s even makes ketchup,” said Tandy Thomas, a Queen’s University business professor who specializes in how consumers connect socially with marketing.

“Suddenly French’s has become the Canadian brand of ketchup in everyone’s minds and that’s elevated them to a level of awareness that they never had before.”

Within 24 hours of announcing it would pull the condiment from shelves, public outcry prompted Loblaws to reverse course.

Canadians took to social media in droves to pledge loyalty to the ketchup made from tomatoes farmed in Leamington, Ont., a town once known for its Heinz factory before that company pulled up stakes two years ago.

In justifying its initial decision to pull the product, Loblaws cited weak sales for French’s, which has struggled to penetrate a ketchup market long dominated by Heinz.

March 2003

“When people really think of ketchup, they think of Heinz. Because there is this iconic image behind it, it makes it very difficult for somebody else to come in and be viewed as something that is an equal competitor,” Thomas said.

“Someone might come in as a lower-priced competitor and people might choose it based on the price, but they still view it as being inferior to Heinz, which is the gold standard for ketchup.”

But that could change as Canadians claim sides in the ketchup wars.

French’s has been held up as a saviour in Leamington since announcing in January that it would make all its ketchup from tomatoes farmed in the community, which was plunged into economic turmoil after Heinz shuttered its 106-year-old factory in 2014.

“It’s a national pride kind of thing,” Brian Fernandez, of Orillia, Ont., told CBC News.

His Facebook post singing the praises of the then-little-known product went viral earlier this year, helping to put the brand on the map.

“Canadians are known as passive,” he said. “But I think that’s changing.” (Source: CBC News)

 

Posted in: Canada Tagged: Canada, food, globalization, Heinz, ketchup, Leamington, patriotism, Trade

Thursday October 10, 2015

September 30, 2015 by Graeme MacKay

By Graeme MacKay, Editorial Cartoonist, The Hamilton Spectator - Thursday October 10, 2015 Dairy farmers protest upcoming trade deal Dairy farmers parked tractors at the foot of Parliament Hill, walked cows through downtown Ottawa and dumped milk on the pavement Tuesday to protest what they say is a looming trade deal that threatens their way of life. Farmers in Ontario and Quebec fear that the Trans-Pacific Partnership, a massive 12-country trade deal thatÕs said to be near an agreement in principle, could spell the end of the supply management system that keeps their operations profitable. Dozens of tractors clogged Wellington Street in front of the Parliament Buildings, snarling traffic, while some farmers led cows down the street and others splashed milk on the pavement. Negotiations are currently underway on the ambitious trade deal involving Canada and 11 other countries. Sources say an agreement in principle could be announced as early as Friday. Farmers fear the federal government will make concessions on supply management, a system of production limits and import tariffs that shields the dairy market from competition at the hands of foreign producers. The U.S. has been pushing for Canada to loosen its system, but the federal government says the government will protect Canadian interests at the negotiating table. ÒThis government remains absolutely committed to making sure we preserve our system of supply management through trade negotiations,Ó Conservative Leader Stephen Harper said Tuesday. Opposition parties remain concerned about how the system could be affected in TPP talks. The NDPÕs Mathieu Ravignat, who is running for re-election in the Quebec riding of Pontiac, said supply management allows for many small farms to exist in Quebec and across Canada. (Source: National Post) Canada, United States, USA, trade, dairy, farmers, agriculture, Trans Pacific Partnership, TPP, globalization, cow

By Graeme MacKay, Editorial Cartoonist, The Hamilton Spectator – Thursday October 10, 2015

Dairy farmers protest upcoming trade deal

Dairy farmers parked tractors at the foot of Parliament Hill, walked cows through downtown Ottawa and dumped milk on the pavement Tuesday to protest what they say is a looming trade deal that threatens their way of life.

Tuesday, July 29, 2014Farmers in Ontario and Quebec fear that the Trans-Pacific Partnership, a massive 12-country trade deal that’s said to be near an agreement in principle, could spell the end of the supply management system that keeps their operations profitable.

Dozens of tractors clogged Wellington Street in front of the Parliament Buildings, snarling traffic, while some farmers led cows down the street and others splashed milk on the pavement.

Negotiations are currently underway on the ambitious trade deal involving Canada and 11 other countries. Sources say an agreement in principle could be announced as early as Friday.

Farmers fear the federal government will make concessions on supply management, a system of production limits and import tariffs that shields the dairy market from competition at the hands of foreign producers.

The U.S. has been pushing for Canada to loosen its system, but the federal government says the government will protect Canadian interests at the negotiating table.

“This government remains absolutely committed to making sure we preserve our system of supply management through trade negotiations,” Conservative Leader Stephen Harper said Tuesday.

Opposition parties remain concerned about how the system could be affected in TPP talks.

The NDP’s Mathieu Ravignat, who is running for re-election in the Quebec riding of Pontiac, said supply management allows for many small farms to exist in Quebec and across Canada. (Source: National Post)

 

Posted in: Business, Canada Tagged: Agriculture, Canada, cow, dairy, farmers, globalization, TPP, Trade, Trans Pacific Partnership, United States, USA
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This website contains satirical commentaries of current events going back several decades. Some readers may not share this sense of humour nor the opinions expressed by the artist. To understand editorial cartoons it is important to understand their effectiveness as a counterweight to power. It is presumed readers approach satire with a broad minded foundation and healthy knowledge of objective facts of the subjects depicted.

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