A Summary Of Hudson Bay

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Two centuries before Confederation, a pair of resourceful French traders, Pierre-Esprit Radisson and Médard Chouart, Sieur des Groseilliers, discovered a wealth of fur in the interior of the continent, accessible through the great inland sea of Hudson Bay. After gaining the interest of Prince Rupert, cousin of King Charles II of England, the first ships set sail from England in 1668. On May 2, 1670, the Royal Charter granted exclusive trading rights of the Hudson Bay watershed to “the Governor and Company of Adventurers of England trading into Hudson Bay.” Its first century of operation found HBC firmly anchored in a few forts and posts around the shores of James and Hudson bays. Annually, trappers brought furs to barter for manufactured