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What is HBC?
HBC is a company called Hudson Bay Company which owns 4 shopping stores called zellers, the bay, home outiftters and fields
What was the HBC's 'Stay at the Bay' policy?
It was where the HBC built trading posts at the mouths of rivers, on the shore of Hudson Bay; and had the First Nations trappers and traders travel long distances to bring their furs to the trading posts to exchange them for trade goods. - any help? ^_^
Why did Henry kelsey come to Canada?
Henry Kelsey came to Canada to work for the HBC in fur trade.
Who were the Nor'westers?
They were British fur traders that rivaled the Hudson bay Company. Often they would intercept furs from the HBC's convoys
When did the North West Company and Hudsons Bay Company merge?
the Hudson's bay & the north west company merge in 1787
What did the HBC and the NWC do in the 1821?
Merge
How did the old hbc retain control over the new hbc after the merger with the nwc?
HBC kept control by controlling the trade routes, which brought a lot of money into the HBC.
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 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.
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 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 :)
Who was more successful and why HBC or NWC?
HBC mainly in economics , the sea route to the Hudson , was a huge advantage it enabled HBC to benefit from a short business cycle ships could leave England and travel to the Hudson bay pick up furs and return to England in the space of 5 months a complete business cycle - from shipment of goods to return of furs in payment of those goods , normally took 14 months , as for he NWC's cycle was much longer and more expensive and it would take almost a full year later
Why did HBC have an advantage over the NWC geographical wise?
They were given a large portion of land surrounding the Hudson bay. The land was called "Ruperts Land". Since the HBC owned the land they had an monopoly of its buisness. Monopoly-complete control(only people aloud to buy and sell furs there)
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.
Who owns the the HBC?
The initials HBC usually means, in Canada, the Hudson's Bay Company.
