Hudson's Bay Company

In Glogpedia

by WLUsaxman
Last updated 6 years ago

Discipline:
Social Studies
Subject:
History
Grade:
7

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Hudson's Bay Company

History of HBC

1670

Present

Significance

"After he proceeded to this violence, I did not hesitate to take up my packs, but he snatched them from me. Again I seized them, and in the struggle that ensued, the thongs that bound them were broken, and the skins strewed about the floor.As I went to gather them up, he drew a pistol, cocked it, and presented it to my breast. For a moment I stood motionless, thinking he would certainly kill me, as I saw he was much enraged; then I seized his hand, and turned it aside, at the same moment drawing from my belt a large knife, which I grasped firmly in my right hand, still holding him by my left. Seeing himself thus suddenly and entirely in my power, he called first for his wife, then for his interpreter, and told them to put me out of the house." (John Tanner, 1830)

This Rivalry is one of te main causes for the HBC-NWC merger in 1821.

To this day, the HBC blanket is perceived as an ethical issue for some Aboriginal groups.

Aboriginal Perspectives

The HBC Blanket

1668 - Fort Charles Established1670 - Hudson's Bay Company Chartered1713 - Treaty of Utrecht gives HBC a fur trade monopoly1779 - North West Company founded to compete with HBC1811 - HBC gives Red River Valley (now Southern Manitoba) to Lord Selkirk for settlement1821 - HBC and North-West Company merge1869 - HBC returns Rupert's Land to Britain

Timeline

Rivalry with the NWC

Fort Garry is now Winnipeg

HBC territory in 1821

Chartered in 1670, the Hudson's Bay Company would control much of the North American fur trade over the next two hundred years. Fur traders working for the company explored much of the unchartered territory of North America from the shores of Hudson Bay, to the Canadian Arctic and the Pacific North West. Many towns familiar with us today, such as Edmonton and Winnipeg, were first established as HBC trading posts.When it merged with the North West Company in 1821, HBC owned roughly 15% of North America. It returned all of its territory to Britian who in turn sold the land to Canada in 1869.


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