Hudson Bay Company Founded in 1670 Radisson and Groseillier’s explored beyond New France Returned with furs – pitched to King Charles II to back up their business Claimed the area around Hudson Bay – named Rupert’s Land
Hudson Bay Company “Stay by the Bay” No inland traders -Encouraged Aboriginal to come to HB Standard of Trade was strict/little room for bargaining Hierarchy – Bosses in London, England – Shipped furs directly to and from England Hudson Bay is ice-free only from July to mid-September Main trading fort : York Factory
The Fight is On!!! Challenge to the HBC domination of the fur trade in Canada. Enter the North West Company
Northwest Company Founded in 1783 – rivals of HBC “Montrealers” – Group of French, Scotish & English merchants from Montreal – Seized French fur trade – Expanded trading networks and merged to create NWC Geographic reasons – Built posts inland -Montreal too far for Natives to travel – Established major trade depot at Fort William Similar to HBC – had to trade swiftly short ice-free season
Northwest Company Less rigid and bossy than the HBC Hivernants (wintering partners) – Did the actual fur trading & hunting Voyageurs – Muscle power to paddle canoes and carry cargo – Mapped new areas and established new trading posts More relaxed in trading standards – willing to bargain and even sold alcohol (HBC refused)
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