HBC

Slide: 1
HBC was founded on May 2, 1670 when King Charles granted a charter to his cousin, Prince Rupert. Prince Rupert used the charter to create HBC.
Here, take this charter.
Thank you!
Slide: 2
I think I'm going to name this land after myself and use it to create a fur trading company.
Slide: 3
Not long after HBC was founded, NWC was also created and became a large fur-trading company which created lots of rivalry between the two. NWC grew faster than HBC.
I need to find a way to become better than NWC
Slide: 4
HBC opened up trading posts and sent out canadian voyageurs to transport fur from the inland posts to the coast.
Slide: 5
There were different forms of competition between the two companies such as, building posts and stemming the loss of pelts.
Slide: 6
Both companies were looking for the same thing, new sources of fur and the Northwest Passage. These are what kept the companies moving forward.
How much longer until i find this passage!
Slide: 7
One advantage that HBC had over NWC was that they had much shorter distance to travel.
Slide: 8
In the end NWC failed in the 1780s, leaving HBC known as the best fur-trading company. It's the oldest company in Canada and is still thriving to this day.

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