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Cost of Winnipeg Bay store redevelopment jumps to $310-million

  • The federal government is contributing an additional $31 million to the redevelopment of the former Hudson's Bay Company store in Winnipeg, raising the total cost to $310 million.
  • Grand Chief Jerry Daniels stated that supply chain pressures, inflation, and U.S. Tariff threats have contributed to the rising costs.
  • The redevelopment plan includes 373 housing units, restaurants, and office spaces, with completion expected in 2028.
  • Manitoba's NDP government expressed support for the project, emphasizing its importance for urban renewal in Winnipeg.
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Cost of Winnipeg Bay store redevelopment jumps to $310M: First Nations group

WINNIPEG — A First Nations-led project to redevelop the historic Hudson's Bay Co. building in downtown Winnipeg to advance reconciliation has doubled in cost nearly three years after it started.

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Global News broke the news in Toronto, Canada on Wednesday, March 19, 2025.
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