Northwest Company
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Northwest Company
The North West Company was a fur trading business headquartered in Montreal from 1779 to 1821. It competed with increasing success against the Hudson's Bay Company in what is present-day Western Canada and Northwestern Ontario. With great wealth at stake, tensions between the companies increased to the point where several minor armed skirmishes broke out, and the two companies were forced by the Government of the United Kingdom, British government to merge. Before the Company After the French landed in Quebec in 1608, spread out and built a fur trade empire in the St. Lawrence basin. The French competed with the Dutch (from 1614) and English (1664) in New York and the English in Hudson Bay (1670). Unlike the French who travelled into the northern interior and traded with First Nations in their camps and villages, the English made bases at trading posts on Hudson Bay, inviting the indigenous people to trade. After 1731, pushed trade west beyond Lake Winnipeg. After the British ...
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Hudson's Bay Company
The Hudson's Bay Company (HBC; french: Compagnie de la Baie d'Hudson) is a Canadian retail business group. A fur trading business for much of its existence, HBC now owns and operates retail stores in Canada. The company's namesake business division is Hudson's Bay, commonly referred to as The Bay ( in French). After incorporation by English royal charter in 1670, the company functioned as the ''de facto'' government in parts of North America for nearly 200 years until the HBC sold the land it owned (the entire Hudson Bay drainage basin, known as Rupert's Land) to Canada in 1869 as part of the Deed of Surrender, authorized by the Rupert's Land Act 1868. At its peak, the company controlled the fur trade throughout much of the English- and later British-controlled North America. By the mid-19th century, the company evolved into a mercantile business selling a wide variety of products from furs to fine homeware in a small number of sales shops (as opposed to trading posts) acros ...
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Western Canada
Western Canada, also referred to as the Western provinces, Canadian West or the Western provinces of Canada, and commonly known within Canada as the West, is a Canadian region that includes the four western provinces just north of the Canada–United States border namely (from west to east) British Columbia, Alberta, Saskatchewan and Manitoba. The people of the region are often referred to as "Western Canadians" or "Westerners", and though diverse from province to province are largely seen as being collectively distinct from other Canadians along cultural, linguistic, socioeconomic, geographic, and political lines. They account for approximately 32% of Canada's total population. The region is further subdivided geographically and culturally between British Columbia, which is mostly on the western side of the Canadian Rockies and often referred to as the " west coast", and the "Prairie Provinces" (commonly known as "the Prairies"), which include those provinces on the easter ...
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North American Fur Trade
The North American fur trade is the commercial trade in furs in North America. Various Indigenous peoples of the Americas traded furs with other tribes during the pre-Columbian era. Europeans started their participation in the North American fur trade from the initial period of their colonization of the Americas onward, extending the trade's reach to Europe. European merchants from France, England and the Dutch Republic established trading posts and forts in various regions of North America to conduct the trade with local Indigenous communities. The trade reached the peak of its economic importance in the 19th century, by which time it relied upon elaborately developed trade networks. The trade soon became one of the main economic drivers in North America, attracting competition amongst European nations which maintained trade interests in the Americas. The United States sought to remove the substantial British control over the North American fur trade during the first decades of ...
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Monopoly
A monopoly (from Greek language, Greek el, μόνος, mónos, single, alone, label=none and el, πωλεῖν, pōleîn, to sell, label=none), as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a specific person or company, enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a Market (economics), market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market. Monopolies are thus characterized by a lack of economic Competition (economics), competition to produce the good (economics), good or Service (economics), service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise ...
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James McGill
James McGill (October 6, 1744 – December 19, 1813) was a Scottish Canadian businessman and philanthropist best known for being the founder of McGill University, Montreal. He was elected to the Legislative Assembly of Lower Canada for Montreal West in 1792 and was appointed to the Executive Council of Lower Canada in 1793. He was the honorary Lieutenant-Colonel of the 1st Battalion, Montreal Militia, a predecessor unit of The Canadian Grenadier Guards. He was also a prominent member of the Château Clique and one of the original founding members of the Beaver Club. His summer home stood within the Golden Square Mile. Biography The McGill family originated in Ayrshire and had been living in Glasgow for two generations by the time James was born at the family home on Stockwell Street. The McGills were metalworkers and, from 1715 onward, burgesses of the city and members of the Hammermen's Guild, James' father having served as deacon. James McGill was educated at the University ...
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Alexander Henry The Elder
Alexander is a male given name. The most prominent bearer of the name is Alexander the Great, the king of the Ancient Greek kingdom of Macedonia who created one of the largest empires in ancient history. Variants listed here are Aleksandar, Aleksander and Aleksandr. Related names and diminutives include Iskandar, Alec, Alek, Alex, Alexandre, Aleks, Aleksa and Sander; feminine forms include Alexandra, Alexandria, and Sasha. Etymology The name ''Alexander'' originates from the (; 'defending men' or 'protector of men'). It is a compound of the verb (; 'to ward off, avert, defend') and the noun (, genitive: , ; meaning 'man'). It is an example of the widespread motif of Greek names expressing "battle-prowess", in this case the ability to withstand or push back an enemy battle line. The earliest attested form of the name, is the Mycenaean Greek feminine anthroponym , , (/Alexandra/), written in the Linear B syllabic script. Alaksandu, alternatively called ''Alakasandu'' or ' ...
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Isaac Todd
Isaac Todd ( c. 1742 – 1819) was one of Montreal's most prominent merchants following the British Conquest of New France and a founding member of the Beaver Club at Montreal and the Canada Club at London. He was one of the earliest partners in the North West Company before it was formalized, but was better known for his partnership with James McGill. In 1812, he purchased Buncrana Castle in Inishowen, County Donegal, which he left to his nephew, William Thornton-Todd, the younger brother of Andrew Todd. Early life Isaac Todd was born around 1742 into a wealthy merchant family at Coleraine, County Londonderry, in Ulster, the son of John Todd and his wife Elizabeth Patterson. Elizabeth was a native of Fox Hall, near Ramelton, in County Donegal, also in Ulster. The Todds, established members of the local Protestant gentry, had been prospering at Coleraine since at least 1630 and held several valuable land leases from the Earls of Antrim. Isaac Todd spent his early manhood as a me ...
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Pedlar (fur Trade)
Pedlar is a term used in Canadian history to refer to English-speaking independent fur traders from Montreal who competed with the Hudson's Bay Company in western Canada from about 1770 to 1803. After 1779 they were mostly absorbed by the North West Company. The name was first used by the Hudson's Bay Company to refer to French coureurs des bois, who travelled inland to trade with the Indians in their villages and camps. This was in contrast to the HBC policy of building posts on Hudson Bay, to where the Indians would bring furs to trade with them. The pedlars were important for three reasons: they helped transfer woodland skills from French-Canadians to the English-speakers who dominated the trade in the nineteenth century. Although English and Scots men had the capital to become traders for the HBC, most of the voyageurs, guides, and interpreters were French-Canadian or Métis people. They helped transfer knowledge of the country from the Indigenous peoples. Second, the pedlar ...
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New France
New France (french: Nouvelle-France) was the area colonized by France in North America, beginning with the exploration of the Gulf of Saint Lawrence by Jacques Cartier in 1534 and ending with the cession of New France to Great Britain and Spain in 1763 under the Treaty of Paris. The vast territory of ''New France'' consisted of five colonies at its peak in 1712, each with its own administration: Canada, the most developed colony, was divided into the districts of Québec, Trois-Rivières, and Montréal; Hudson Bay; Acadie in the northeast; Plaisance on the island of Newfoundland; and Louisiane. It extended from Newfoundland to the Canadian Prairies and from Hudson Bay to the Gulf of Mexico, including all the Great Lakes of North America. In the 16th century, the lands were used primarily to draw from the wealth of natural resources such as furs through trade with the various indigenous peoples. In the seventeenth century, successful settlements began in Acadia and in Quebe ...
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Lake Winnipeg
Lake Winnipeg (french: Lac Winnipeg, oj, ᐑᓂᐸᑲᒥᐠᓴᑯ˙ᑯᐣ, italics=no, Weenipagamiksaguygun) is a very large, relatively shallow lake in North America, in the Provinces and territories of Canada, province of Manitoba, Canada. Its southern end is about north of the city of Winnipeg. Lake Winnipeg is Canada's sixth-largest freshwater lake and the third-largest freshwater lake contained entirely within Canada, but it is relatively shallow (mean depth of ) excluding a narrow deep channel between the northern and southern basins. It is the eleventh-largest freshwater lake on Earth. The lake's east side has pristine boreal forests and rivers that were in 2018 inscribed as Pimachiowin Aki, a UNESCO World Heritage Site. The lake is from north to south, with remote sandy beaches, large limestone cliffs, and many bat caves in some areas. Manitoba Hydro uses the lake as one of the largest reservoirs in the world. There are many islands, most of them undeveloped. The Sag ...
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Pierre Gaultier De Varennes, Sieur De La Vérendrye
Pierre Gaultier de Varennes, sieur de La Vérendrye (17 November 1685 – 5 December 1749) was a French Canadian military officer, fur trader, and explorer. In the 1730s, he and his four sons explored the area west of Lake Superior and established trading posts there. They were part of a process that added Western Canada to the original New France territory that was centred along the Saint Lawrence basin. He was the first known European to reach present-day North Dakota and the upper Missouri River in the United States. In the 1740s, two of his sons crossed the prairie as far as present-day Wyoming, United States and were the first Europeans to see the Rocky Mountains north of New Mexico. Early life Born in Trois-Rivières, New France, Pierre was the eldest son of René Gaultier de Varennes, who came to Canada as a soldier in 1665, and Marie, the daughter of Pierre Boucher, the first Governor of Trois-Rivières. The Gaultier family were minor nobility or landowners ...
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Hudson Bay
Hudson Bay ( crj, text=ᐐᓂᐯᒄ, translit=Wînipekw; crl, text=ᐐᓂᐹᒄ, translit=Wînipâkw; iu, text=ᑲᖏᖅᓱᐊᓗᒃ ᐃᓗᐊ, translit=Kangiqsualuk ilua or iu, text=ᑕᓯᐅᔭᕐᔪᐊᖅ, translit=Tasiujarjuaq; french: baie d'Hudson), sometimes called Hudson's Bay (usually historically), is a large body of saltwater in northeastern Canada with a surface area of . It is located north of Ontario, west of Quebec, northeast of Manitoba and southeast of Nunavut, but politically entirely part of Nunavut. Although not geographically apparent, it is for climatic reasons considered to be a marginal sea of the Arctic Ocean. It Hudson Bay drainage basin, drains a very large area, about , that includes parts of southeastern Nunavut, Alberta, Saskatchewan, Ontario, Quebec, all of Manitoba, and parts of the U.S. states of North Dakota, South Dakota, Minnesota, and Montana. Hudson Bay's southern arm is called James Bay. The Cree language, Eastern Cree name for Hudson an ...
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