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They made much money from the fur trade.

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Peyton Beahan

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2y ago
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15y ago

I'm not sure what you mean by Canada becoming a province, but the Hudson's Bay Company is still around. It is the world's oldest business corporation (incorporated May 2, 1670). They've been calling it "The Bay" for several years. It is a major department store chain in Canada.

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11y ago

Most of Quebec, Ontario, all of Manitoba, Saskatchewan, and most of Alberta.

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11y ago

London, England in 1670. Their first trading fort was Charles Fort at the mouth of the Rupert River in today Quebec.

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11y ago

Canada never owned the HBC, though at one point Britain did.

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Q: Why did Canada sell the Hudson Bay Company?
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Related questions

How did the owner of Hudson's Bay Company start the hudson's bay company?

in Canada


Why is the Hudson's Bay Company important to Canada?

Hudson Bay Company is important to Canada because they sold much of what is today Canada, to Canada.


Who did the HBC sell Rupert's land to?

The Hudson's Bay Company sold Rupert's Land to Canada.


What is the motto of Hudson's Bay Company?

The motto of Hudson's Bay Company is 'Great things for Canada!'.


What were the two fur trading companies in Canada?

The Northwest Trading Company, and the Hudson Bay Company. :) The Northwest Trading Company, and the Hudson Bay Company. :)


What is Canada's oldest business?

Hudson's Bay Company


Which country's government started the Hudson's Bay Company?

The Hudson's Bay Company was started in Canada during the Fur Trade. It belonged to the English.


Where is the Hudson's Bay Company located?

in northern quebec, the Hudson bay, and southern nunavut ========================================== The Hudson's Bay Company is located at: 10th Floor 401 Bay Street Toronto Ontario Canada M5H 2Y4


What type of company was the Hudson's Bay Company?

The Hudson's Bay Company was founded in Eastern Canada (1670). For a little over a century it was a fur market in the area. ================================================================================= 1. The Hudson's Bay Company still exists. It is still doing business. In fact, I have a Hudson's Bay Company Mastercard. Until recently, I had a Hudson's Bay Company credit card as well. 2. The Hudson's Bay Company was not "founded" in "Eastern Canada." It was Chartered in England. 3. King Charles II incorporated, by Royal Charter, on May 2, 1670, "The Governor and Company of Adventurers of England trading into Hudson's Bay." The name was eventually shortened to "Hudson's Bay Company." 4. The Hudson's Bay Company was a trading company that established trading posts on the shores of Hudson Bay, and later in Canada's interior. At those trading posts, it traded European manufactured goods to the people of the First Nations. From them in return, the Hudson's Bay Company received animal furs, which were then shipped back to England.


Canada purchased from the Hudson Bay Company?

Northwest Territories


How many Hudson bay company stores are there in Canada?

101.5


What trading company was established to make wealth in Canada?

Hudson Bay Trading Company