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Ottawa adding $30M to redevelopment of former Bay building
2 minute read Updated: 2:12 PM CDTThe federal government is providing an additional $30 million to support the redevelopment of the former downtown Hudson’s Bay Co. into a housing and cultural hub for Indigenous people, the Free Press has learned.
Multiple sources confirmed the funding will be announced this morning by officials from the Southern Chiefs’ Organization, which is leading the project, and the federal government, including regional minister and St. Boniface MP Dan Vandal.
The $30 million is on top of the $65 million already committed by the federal government.
Ottawa, the province and the city have all committed to supporting the redevelopment first announced in April 2022. At the time, the federal government said it would contribute $65 million, the province $35 million ($25 million for historic preservation and $10 million for housing) and the city said it would provide tax incentives.
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