Canadian Tire will begin selling the iconic Hudson's Bay point blankets and has pledged to continue a program started by HBC to donate the net proceeds to support Indigenous-led initiatives.

Under an expanded partnership between Canadian Tire and the Gord Downie & Chanie Wenjack Fund, the retailer has guaranteed at least $1 million a year to support Oshki Wupoowane, The Blanket Fund.

The money will be used for grants that support grassroots Indigenous organizations and one-time cultural, artistic and educational projects.

Canadian Tire acquired HBC's intellectual property , including the iconic Hudson's Bay stripes, earlier this year for $30 million as part of the wind down of the retailer. The deal didn't include the company's art, artifacts and archives — some of which will be a

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