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October 22, 2014

Homework Help: HBC AND NWC

Posted by Emma on Sunday, May 22, 2011 at 12:42pm.

how did the old Hudson bay company keep control over the new hudson bay company after the merger with the northwest company?

I read over the paragraph several times, and I still cant find the answer to this question.
It says something...the Legislation extended both the landholdings and the monopoly to west of the Rocky mountains. This gave the new HBC control of more than half of the territory of modern Canada.
While the share distribution seemed to favour NWC partners, the HBC had no intention of giving up control of the new company. It was still cheaper and more efficient to ship furs out of the Northwest by the Hudson Bay route. The old NWC company route--via Fort William to Montreal--was rarely used after the merger.

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