Companies%20of%20the%20Canadian%20Fur%20Trade - PowerPoint PPT Presentation

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Companies%20of%20the%20Canadian%20Fur%20Trade

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Companies of the Canadian Fur Trade Canadian History The Companies A Brief Overview Hudson Bay Company North West Company HBC Formed in 1670 Operated in Rupert s ... – PowerPoint PPT presentation

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Title: Companies%20of%20the%20Canadian%20Fur%20Trade


1
Companies of the Canadian Fur Trade
  • Canadian History

2
The CompaniesA Brief Overview
  • Hudson Bay Company
  • North West Company

3
HBC
  • Formed in 1670
  • Operated in Ruperts Landall the land that was
    drained by rivers flowing into Hudsons Bay
  • London-based
  • Coastal trading posts located at the mouths of
    major rivers
  • Natives would trap furs bring them to the
    coastal posts

4
HBCAdvantages
  • Close to fur supplies in northern Canada
  • Ships could enter the center of the continent via
    Hudsons Bay
  • Costs were lowno inland traders

5
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6
North West Company
  • Formed in 1779
  • Montreal merchants / Independent traders
  • Montreal-based
  • NorWesters supervised trade in the west
  • Other were responsible for exporting furs from
    Montreal
  • French-Canadien Voyageurs paddled canoes

7
NWC
  • NorWesters moved into western Canada in search
    for furs
  • Alexander MacKenzie, Simon Fraser, David Thompson
    explored much of western Canada
  • NWC trade extended into the Rocky Mts

8
NWC.PROBLEMS
  • Distance (Montreal to Western Canada)
  • Two-way transportation system emerged
  • Montreal to Fort William (Thunder Bay)
  • Fort William to the West

9
HBCChanges
  • When rival traders began intercepting native
    canoes on their way to HBC coastal posts, HBC
    began sending trading parties to the interior
  • Cumberland House on the Saskatchewan River was
    the 1st HBC inland post
  • Led to direct competition with the NWC

10
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11
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