Rupert's Land - Fur Trade

Fur Trade

In 1670, the Hudson's Bay Company (HBC) was granted a charter by King Charles II, giving it a trading monopoly over the watershed of all rivers and streams flowing into Hudson Bay, thereby making the HBC owners of the whole of Rupert's Land (named in honour of Prince Rupert of the Rhine, the king's cousin and the company's first governor). This covered an area of 3.9 million square kilometres (1.5 million sq mi), over one-third the area of Canada today.

The Hudson's Bay Company dominated trade in Rupert's Land during the 18th–19th centuries and drew on the local population for many of its employees. This necessarily meant the hiring of many indigenous and Métis workers. Fuchs (2002) discusses the activities of these workers and the changing attitudes that the company had toward them. George Simpson, one of the most noted company administrators, held a particularly dim view of mixed-blood workers and kept them from attaining positions in the company higher than postmaster. Later administrators, such as James Anderson and Donald Ross, sought avenues for the advancement of indigenous employees.

Morton (1962) reviews the pressures at work on that part of Rupert's Land where Winnipeg now stands, a decade before its incorporation into Canada. It was a region completely given over to the fur trade, divided between the Hudson's Bay Company and private traders, with some incursions by the rival North West Company based in Montreal. There was strong business and political agitation in Upper Canada for annexing the territory; in London the Company's trading license was due for review; in St. Paul there was a growing interest in the area as a field for U.S. expansion. The great commercial depression of 1857 dampened most of the outside interests in the territory, which itself remained comparatively prosperous.