1 / 5

The Competition between the Hudson’s Bay Company and the North West Company

The Competition between the Hudson’s Bay Company and the North West Company. Early Competition. From 1720 to 1763 many Cree carried their furs from the West to the HBC forts on Hudson Bay.

kali
Télécharger la présentation

The Competition between the Hudson’s Bay Company and the North West Company

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Competition between the Hudson’s Bay Company and the North West Company

  2. Early Competition From 1720 to 1763 many Cree carried their furs from the West to the HBC forts on Hudson Bay. From 1731 to 1743 the La Verendryes (independent traders from Quebec) built forts on the rivers farther West to encourage the Native people to trade with them instead of going to the HBC.

  3. In 1763 the British gained control of New France. • They hoped that gaining control of the land meant they had control of the fur trade also. • However French traders continued to travel to the interior for the best furs. • 1774 – Samuel Hearne built the first HBC fort in the interior. • It did not increase HBC trade. • 1778 – Peter Pond (an independent trader) built a fort farther northwest than Hearne’s.

  4. Creation of the North West Company • 1783 – the independent traders from Quebec decide they would be more effective if they joined together. • The Northwest Company and the XY Company were formed. • The NWC took over the XYC in 1804. • The NWC traders spent the winters in the Northwest trading with the Native people  they brought their furs to Fort William  the Montreal partners took them and shipped them to Europe.

  5. NWC and HBC • By 1804 the rivalry between the NWC and the HBC was intense. • There were rival fur trading forts along the length of the Saskatchewan River. • After 1812, the rivalry led to violence. • HBC allowed a group of settlers to begin a settlement at Red River. • NWC concerned that the settlers would be used to interfere with their fur trade and supply routes.

More Related