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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
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The Northwest of Canada in 1800s
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HBC vs. NWC
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Fur Trade
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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
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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
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The Fight is On!!! Challenge to the HBC domination of the fur trade in Canada. Enter the North West Company
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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
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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)
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Map of NWC Trading Area
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Exit Slip Which company was better? List at least 3 reasons why.
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