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:
“Canadians look down on the United States and consider it Hell. They are right to do so. Canada is to the United States what, in Dante’s scheme, Limbo is to Hell.”
—Irving Layton (b. 1912)
“I fear that I have not got much to say about Canada, not having seen much; what I got by going to Canada was a cold.”
—Henry David Thoreau (1817–1862)