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Their expansion northwestward cut into the profits of the Hudson's Bay Company. In 1800, HBC profited £38,000 in trade compared to the North West Company's £144,000 in 1800. [10] This bold move caught the Hudson's Bay Company off guard. In succeeding years it retaliated rather than reaching a compromise, which McTavish had hoped might be ...
The Pemmican War was a series of violent confrontations between the Hudson's Bay Company (HBC) and the North West Company (NWC) in the Canadas from 1812 to 1821. It started after the establishment of the Red River Colony by Thomas Douglas, 5th Earl of Selkirk in 1812, and ended in 1821 when the NWC was merged into the HBC.
The Hudson's Bay Company (HBC; French: Compagnie de la Baie d'Hudson) is a Canadian holding company of department stores, and the largest and oldest corporation in Canada.. As of December 2024, HBC has a Canadian division responsible for the namesake Hudson's Bay department stores (colloquially The Bay; La Baie in French), and an American division (Saks Global) that includes the full-line ...
The Battle of Seven Oaks—also known as the Seven Oaks Massacre and the Seven Oaks Incident—was a violent confrontation of the Pemmican War between the Hudson's Bay Company (HBC) and the North West Company (NWC) which occurred on 19 June 1816 near modern-day Winnipeg, Manitoba. [2]
All these poor people know is that Canada has bought the Country from the Hudson's Bay Company, and that they are handed over like a flock of sheep to us...". [8] In 1927, the Supreme Court of Canada held that the terms of the Charter had granted ownership of all the land in the Hudson Bay drainage to the company, including all precious minerals.
Year Date Event Reference 1670 May 2 King Charles II of England grants HBC a royal charter for "the sole Trade and Commerce of all those Seas, Streights, Bays, Rivers, Lakes, Creeks, and Sounds, in whatsoever Latitude they shall be, that lie within the entrance of the Streights commonly called Hudson's Streights... which are not now actually possessed by any of our Subjects, or by the Subjects ...
Hudson's Bay (when it was still branded as The Bay) in Centerpoint Mall, in North York, Toronto, Ontario. The diversification of the Hudson's Bay Company (HBC) became necessary with the decline of fur trade in the latter half of the 19th century, and the Deed of Surrender in which ownership of the North-Western Territory and Rupert's Land was transferred from HBC to the newly established ...
This practice was continued and greatly expanded by the Hudson's Bay Company. The North West Company was unchallenged in the fur trade of the region from 1813 to 1821, when it was merged with the Hudson's Bay Company. During this period the company put into practice the system attempted by the Astorians' Pacific Fur Company.