Hudson's Bay Co.


Hudson's Bay Co.
Corporation prominent in Canadian economic and political history.

It was incorporated in England (May 2, 1670) to seek the Northwest Passage to the Pacific, to occupy lands adjacent to Hudson Bay, and to carry on commerce. The lands granted to the company, known as Rupert's Land, extended from Labrador west to the Rocky Mountains and from the headwaters of the Red River on the southern Canadian border north to Chesterfield Inlet on Hudson Bay. The company first engaged in the fur trade and established trading posts around Hudson Bay. By 1783 competitors had formed the North West Co., and armed clashes continued until the two companies merged in 1821. The company was given exclusive fur-trade rights until 1858, when the monopoly was not renewed and independent companies entered the fur trade. In 1870 the company sold its territories to the government in exchange for £300,000 and mineral rights to lands around the posts and a fertile portion of western Canada. It remained a large fur-collecting and marketing agency until 1991, with extensive real-estate interests and many department stores.

* * *


Universalium. 2010.

Look at other dictionaries:

  • Hudson's Bay Co. — Empresa destacada en la historia política y económica canadiense. Se constituyó en Inglaterra (2 de mayo, 1670) con el fin de buscar el paso del Noroeste al Pacífico, ocupar tierras aledañas a la bahía de Hudson y dedicarse al comercio. La… …   Enciclopedia Universal

  • Hudson's Bay Company — Hudson’s Bay Company Compagnie de la Baie d Hudson Unternehmensform Gründung 2. Mai 1670 Unternehmenssitz …   Deutsch Wikipedia

  • Hudson’s Bay Company — Compagnie de la Baie d’Hudson Rechtsform Aktiengesellschaft Gründung 2. Mai 1670 Sitz …   Deutsch Wikipedia

  • Hudson's Bay Company —   [ hʌdsnz beɪ kʌmpənɪ], Abkürzung HBC, älteste Handelsgesellschaft Nordamerikas, gegründet 1670 als englische Handelskompanie und von Karl II. von England mit Bergbau und Handelsprivilegien (z. B. Monopol des Pelzhandels) sowie dem Rechtstitel… …   Universal-Lexikon

  • Hudson's Bay Company — Hudson s Bay Com|pa|ny a British company, established in 1670, which exchanged goods for furs with the Native Americans and once owned large areas of land in Canada …   Dictionary of contemporary English

  • Hudson's Bay Company — Hbc redirects here. For other uses, see HBC (disambiguation). Hudson s Bay Company Compagnie de la Baie d Hudson Type Subsidiary Founded May 2, 1670 …   Wikipedia

  • Hudson's Bay High School — Infobox Secondary school name = Hudson s Bay High School mission = To create lifelong learners and responsible, compassionate, literate citizens by melding the resources of students, staff, parents, and community. type = Public (magnet) secondary …   Wikipedia

  • Hudson's Bay Company — a company chartered in England in 1670 to carry on fur trading with the Indians in North America. * * * ▪ Canadian company  corporation that occupies a prominent place in both the economic and the political history of Canada. It was incorporated… …   Universalium

  • Hudson's Bay Company Archives — The Hudson s Bay Company Archives (HBCA) are located in Winnipeg, Manitoba, Canada. The HBC archives are a division of the Archives of Manitoba that preserves the thousands of mainly hand written records and maps of the Hudson s Bay Company… …   Wikipedia

  • Hudson’s Bay Company —    A British trading company established by Royal Charter in 1670 to explore and develop northern Canada. Henry Hudson first entered the bay that was later named after him in 1610 in search of the Northwest Passage. This led to a realization of… …   Encyclopedia of the Age of Imperialism, 1800–1914


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.