Canada
The Hudson's Bay Company was incorporated in 1670 with the grant of Rupert's Land by King Charles II of England; this vast territory was greater than one third the area of Canada today. Following the Rupert's Land Act in the British Parliament, Rupert's Land was sold in 1869 to the newly-formed Canadian Government for the nominal sum of £300,000.
Land grants were an incentive for the construction of the Canadian Pacific Railway
Read more about this topic: Land Grant
Famous quotes containing the word canada:
“I see Canada as a country torn between a very northern, rather extraordinary, mystical spirit which it fears and its desire to present itself to the world as a Scotch banker.”
—Robertson Davies (b. 1913)
“Though the words Canada East on the map stretch over many rivers and lakes and unexplored wildernesses, the actual Canada, which might be the colored portion of the map, is but a little clearing on the banks of the river, which one of those syllables would more than cover.”
—Henry David Thoreau (18171862)
“This universal exhibition in Canada of the tools and sinews of war reminded me of the keeper of a menagerie showing his animals claws. It was the English leopard showing his claws.”
—Henry David Thoreau (18171862)