Hudson’s Bay Given Until June 30 to Distribute Disability Benefits, Emergency Relief
What’s Happening at Hudson’s Bay?
Hudson’s Bay has been given an extension to carry out court‑approved relief programs for workers, including providing disability benefits, until June 30, 2026.
The decision by the Ontario Superior Court of Justice (ONSC) comes as the retailer’s creditor protection was set to expire on March 31.
Here are the 3 streams of support that were approved by the ONSC on Feb. 11:
- A trust program that channels remaining Zellers trust assets and certain reimbursements back to extended long‑term disability recipients
- A replacement insurance policy to cover 1 legacy disability claimant
- A program to help former employees and retirees who can show “extraordinary hardship”
Approximately $9.9 million from an old Zellers trust and around $1.6 million in reserves held by Manulife are being marshalled to support impacted Hudson’s Bay staff.
Our Short-Term Disability Guide and Long-Term Disability Guide break down everything that Canadians need to know in the event that their access to disability benefits is denied or cut off.
Disclaimer: The materials provided in this article are for general informational purposes only and DO NOT constitute legal advice. For advice specific to your situation, please consult a legal representative at Samfiru Tumarkin LLP.
About the Author
Sivan Tumarkin
Sivan Tumarkin is a Founding Partner of Samfiru Tumarkin LLP and Practice Leader for the firm's Long-term Disability & Personal Injury Law Group. His previous experience working for insurance companies has given him unique insight into the long-term disability claim denial and appeals process, allowing him to secure strong results for his clients.
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