mar 1, 1670 - Creation of HBC (1670) 1670 - King Charles II of England granted a monopoly to the Hudson’s Bay Company. The monopoly covered all the lands drained by the rivers that flowed into Hudson Bay. It was a vast territory consisting of most of what is now Western and Northern Canada. The British called the area Rupert’s Land, after Prince Rupert, the first head of the company. The Hudson’s Bay Company was not interested in building a colony. They were merchants, interested only in trade. They built trading posts
Added to timeline:
Date:
mar 1, 1670
Now
~ 355 years ago