Fur Trading Companies

Fur Trading Companies

THE NORTH WEST: FUR TRADING COMPANIES HBC & NWC HUDSONS BAY COMPANY -Founded 1670

-British owned, managed from London -Held exclusive trading rights to Ruperts Land -all lands drained by rivers flowing into Hudson Bay -Stay by the bay policy of trading -Calculated vales of trade goods by comparing them to value of a beaver pelt -Strict with trade, RARELY bargained -Used York Boats to transport fur between posts on

Hudson Bay North West Company -Founded in the mid 1700s -French Canadian Trader, managed from Montreal (Lower Canada) -Explored further inland in the North West area

-Established trading posts inland along rivers -Advantage for First Nations, they did not have to travel as far to get to trading posts! -Used canoes to transport goods up and down rivers to trading posts Difference

s between HBC and NWC Pg. 128 in the textbook

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