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The National Wheat Council (NWC) was formed in 1965 to coordinate the activities and interests of the wheat complex as a whole.

It was also a fur-trading company by the name of the NorthWest Company. It was competing against the Hudson Bay Company, another fur-trading company that still exists today.

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Q: What is the NWC?
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What is the similarities between HBC and NWC?

They're both North American trade companies. The HBC (Hudson Bay Company) was established well before the NWC (Northwest Company) but back then, they both chiefly were big on trading furs, etc.


When the hbc and the nwc merged why did they keep the hbc's name?

Because HBC was the more powerful one, either way it's now called "The Bay."


What is the relationship the French missionaries and fur traders had with American Indians in New France?

There were 2 different fur trading companies, Hudson Bay Company, and North West Company. The people from HBC strictly forbade their workers to marry the American Indians, which caused lots of tension(if you know what it mean;) ) But the NWC allowed their workers to marry into the native tribes because of many reasons. They could gain more knowledge about the land from the experts, and they could start the civilizing/assimilating process.


How did the francophone help develop Canada?

First of all, they settled in the Maritimes and called that region "Acadia," and themselves "Acadians." Early settlers were all French, however, the British came over and took over their land, and this caused many conflicts between the English and the French. Later, however, in the late 1800's, Canada was going through its own independancy and the French were still living there, even though the British was ruling what was Canada back then (Canada back then was only Ontario). In the HBC/NWC trade, the French Montrealers took over the NWC trading, and this impacted alot of Canadian history. Also, the French married into the Natives while working with the NWC, and subsequently made a culture called the "Metis." There is alot more of what they contributed, but that was the early stages of Canada. You'll need to actually go to school and learn for this. ;) they also had a war on the plains of Abraham and came out with the first chemical warfare


How did the Hudson's bay company and the northwest company trade differently?

At the management level it was very different. HBC was a large company with a headquarters overseas and a large bureaucratic organisation that put limits and rules on the trading. For example HBC trading centres were often required to stock food for the local population to cover periods of starvation. They had restrictions on the use of alcohol in trades, and fixed prices for many items at various times. The HBC early business model was a simple one. Build trading forts along the coast of Hudson Bay and have Aboriginals (Indians) bring furs to the coast to be loaded unto supply ships going back to England. This left the Aboriginals to lead a traditional lifestyle with the advanced technology they could choose to trade for and helped establish their claim to the land. For the HBC it was a low cost model that ensured high profits. The Northwest Company was created by Canadians to take advantage of the fact that HBC wanted to trade from the coast and keep profits high. This was done by using overland trade routes to intercept Aboriginals before they would take furs to the coast. The NWC was, at first, run by few people, and trading occurred via individuals who were free to use any trading method they choose. That of course included the use of alcohol, fraud and sometimes violence to get the furs at the lowest possible price. There are records showing that such early tactics were counterproductive. In some areas aboriginals would hide when Voyageurs would be spotted which was not good for business. Eventually the NWC improved it's methods and became very effective at overland trading and cutting into HBC profits. HBC responded by building inland forts and setting up trade routes leading back to York Factory in Hudson Bay and eventually the Western and Northern coasts of North America. Many deep inland forts later became towns and are today major Canadian cities. The overland trading of the Voyageurs brought Europeans deep into Ruperts Land and the Northwest Territories and increasingly into conflict with locals. Treaties and agreements did little to staunch the tide of Voyageurs, traders, explorers, and eventually settlers and colonisation by Canada. The different trading methods were key in creating the country of Canada we know today.

Related questions

Who owns the NWC?

No one because nwc is gay.


Who were the NWC?

NWC, known as North West Company was a fur trading business that was headquartered in Montreal from the years 1779 to 1821. It is also stated that NWC had increased success against the Hudson's Bay Company.


What did the HBC and the NWC do in the 1821?

Merge


Why did the NWC and the HBC merge?

the hbc had alot of hot women and the nwc thought if they merged witht he hbc thy could maybe have some sexy time


What companies or large organizations use preliminary selection interviews via web?

nwc


What companies or large organizations use preliminary selection interviews via the Web?

nwc


What is the similarities between HBC and NWC?

They're both North American trade companies. The HBC (Hudson Bay Company) was established well before the NWC (Northwest Company) but back then, they both chiefly were big on trading furs, etc.


Do you need a Wii for a dsi to connect to nwc?

I don't think so. i can get the ds store, the internet -but cannot get on to nwc or for ingame ww connection are the two separate -like ps3 apparently some games cant acess secure internet wi-fi even if the dsi can


What is the difference between NWC and HBC?

They were both fur-trading companies, but they were competing against each other. The HBC had a very strict standard of trade. There was little room for bargaining, and they didn't trade for alchohol. The NWC on the other hand, has more of a relaxed standard, and they traded Whisky with the Indians.


What is negative cash flow from assets?

Cash flow from assets measures the cash flows generated by the firm's assets.If a firm is new, or if it's investing heavily to promote growth, its cash flow may be negative.Cash flow from assets may calculated in the following way:Operating Cash Flow - Net Capital Spending - Change in Net Working Capital (NWC)Here's a breakdown of those components:Operating Cash Flow = EBIT + Depreciation - TaxesNet Capital Spending = Ending net fixed assets - beginning net fixed assets + depreciationChange in NWC = Ending NWC - Beginning NWC*where NWC is Current Assets - Current Liabilities


What happened in the battle of seven oaks?

NWC and HBC had a fight or something. I think the Metis were involved aswell? im not sure folks


What geographical advantage did the HBC have over the NWC?

The HBC had a large portion of land by the Hudson Bay. This made it way easier to transport goods back and forth. The NWC, on the other hand, had all of the land which is now Quebec. They took difficult routes that were more time consuming. It would also take more time for the ships to arrive from Europe. Hope this helps :)