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SS10 Mr B Nov 8th, 2012. The Fur Trade, HBC Vs NWC, & Expansion of the West. The Northwest of Canada in 1800s. HBC vs. NWC. Fur Trade. Fur Trade. Hudson Bay Company. Founded in 1670 Radisson and Groseillier’s explored beyond New France
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SS10 Mr BNov 8th, 2012 The Fur Trade, HBC Vs NWC, & Expansion of the West
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)
The Voyageurs • https://www.youtube.com/watch?v=RlIWOw5NJ24
Exit Slip • Which company was better? • List at least 3 reasons why.