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Industrialization In Canada

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“Industrialization is the process of economic and social change . It is one that shifts the centres of economic activity onto the focus of work, wages and incomes.”
Beginning in the nineteenth century, industrialization took part in two ways in the land of the true North strong and free known as Canada. But before we get into what this beautiful country is like today, let's go back to the beginning
Canada was originally a country populated with the first nations society which consisted of hunters, farmers, fur traders, loggers, and fishermen they called these people the hunter gatherers for they hunted for food and gathered their sources. It was the 16th century when europeans came, settled and started to create an economic shift. Today, Canada …show more content…

Hudson's Bay is described today as “Canada’s most iconic department store” manufacturing products from Canada's Olympic attire to furniture. Though it doesn't seem like it, this quintessential Canadian company has a long history all leading back to the fur trade. It all started in 1659 with the discovery of a great amount of fur by two men of the names Radisson and des Groseilliers...The mass of fur could only be accessed via the ‘Hudson's Bay’. May 2nd, 1670 the two men started a trading business called the HBC ‘The Hudson's Bay Company’ which today is the “oldest continuously operating trading company,” Where they would make fur trades and transport it through The Hudson's Bay as well as having trading posts built along it. It was 1684 when the first factory was developed in York, however, in 1782 a fire destroyed it. Later, native peoples would bring fur to the company in exchange for goods such as “knives, kettles, beads, needles, and blankets.”. In the later 18th century, Hudson's bay became such a success that it had to expand towards central Canada. In 1821, HBC merged with a company based out of Montreal Quebec, making it one of the largest Canadian companies being spread all across Canada. In the 19th century Hudson's bay didn’t only have to do with the mass production industry but as well the fashion industry as a new era had come upon them ‘the fashion era’ HBC made an important decision to move away from their traditional fur and focus on what the people now wanted, trading posts became sales shops filled with a variety of supplies, materials, and textiles that had never before been seen in Canada. In the 1980’s HBC became Canada’s most iconic department

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Throughout Canada's history, many iconic companies have developed and prospered in Canada but arguably the Hudson's Bay Company has put Canada on the map as a valuable country to trade with due to our rich source of natural resources. This being said, I do not consider HBC as a Canadian icon today. HBC used to be the pride and patriot of Canada because they made the fur trade possible and gave the indigenous people access to weapons, blankets and medicine. Due to the sale of HBC to an American businessman, HBC has lost most of its credibility of being a standard for Canadian pride and patriotism. HBC also sells more American products then Canadian.

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The over-harvesting of the beavers and otters who’s furs the company traded had resulted in a massive recession in the industry. Both the North West Company and Hudson’s Bay Company were heavily affected and lost capitol and employees over the course of the next decade. Along with other external forces such as territory wars with the native populations, and pressure coming from the government bodies of both U.S.A. and Canada, North West Company was figuratively brought to its knees. In July of 1821, under increased pressure from the British government and new regulations governing the fur trade, the Hudson’s Bay Company under the leadership of Henry Bathurst purposed a merger to the North West Company. By ignoring their rivalry and combining trade routes and trading post capabilities throughout the Pacific Northwest, the new entity regained a healthy control of the fur trade in North America under the Hudson’s Bay Company’s name.

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