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Nov 17, 2011. L.O.: To examine the differences between HBC vs. NWC. Collect HW + Community Chat Fur Trade Notes Canadian Explorers Worksheet Practice Paragraph Review for Test (if time) HW: Vocabulary due Monday; Explorers Worksheet; Test Monday. The Northwest of Canada in 1800s.
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Nov 17, 2011 • L.O.: To examine the differences between HBC vs. NWC. • Collect HW + Community Chat • Fur Trade Notes • Canadian Explorers Worksheet • Practice Paragraph • Review for Test (if time) • HW: Vocabulary due Monday; Explorers Worksheet; Test Monday
Hudson Bay Company • Founded in 1670 • Radisson and Groseillier’s explored region 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” • Did not want to risk sending traders inland • Encouraged Aboriginal traders/trappers to come • Standard of Trade was strict/little room for bargaining • Hierarchy • Bosses in London, England • Shipped furs directly to and from England • Carried out swiftly because 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 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 • 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)
Exit Slip • Which company was better? • List at least 3 reasons why.