Hudson’s Bay Company and The Rupert’s Land Act, 1868
The Rupert’s Land Act, 1868, set out the terms for the purchase of nearly 8 million acres from the Hudson Bay Company, but not all were pleased. The fur trade was slowing by the 1860s, the profit line dwindling for the Hudson’s Bay Company. The time was drawing nigh to rethink the firm’s businesses. Selling […]