HBC Establishes several posts near rivers flowing into James and Hudson Bay
1670 - 1679
HBC establishes several posts. These include: Fort Charles (Rupert House) at the opening of Rupert River, Moose Factory at the opening of Moose River, Fort Albany at the opening of Albany River, and York Factory in Northern Manitoba
Hudson's Bay Company(HBC) Formed
May 2, 1670
On May 2nd, 1670, King Charles II issues the initial group of investors The 'The Governor and Company of Adventurers of England Trading' Royal Charter. This allows them the monopoly to trade in the Hudson Bay Drainage Basin.
First French Fort Established
First French Fort is built on the banks what is known as Thunder Bay today.
Pierres De Troyes seizes numerous Hudson Bay Forts
Pierres De Troyes, a Captain in the French Army, captures several Hudson Bay Forts including Charles Fort, Moose Factory, and Albany Fort.
The English recover all James Bay Forts
The English Army successfully regains control of James Bay Forts. The French Garrison is taken to prison in England. Pierre Raddison dies.
The Seven Years' War Begins
The Seven Years' War begins and the power struggle involved Prussia, England, France, and Austria.
Treaty of Paris Ends the Seven Years' War
Signing the Treaty of Paris ends the Seven Years' War and results in the French Government withdrawing from Quebec
North West Co. of Montreal (NWC) is Established
After a century of being the sole trader, the HBC gets a competitor: North West Co. of Montreal.
HBC and NWC Merge
The HBC and NWC merge under the Hudson's Bay name due to fierce competition with 173 trading posts in 7.8 million square feet of land.
Hudson's Bay Company sells Rupert's Land to Canada
Being pressurized by the English government, the HBC reluctantly sells Rupert's Land (almost a quarter of continent) to Canada since the English Fur Trade Giant had been in decline for years.