History Of The HBC

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There Are Many Modifications Of The Beaver Hat Which Was Very Popular In France 

The HBC or also known as the Hudson's Bay Company is one of the oldest commercial corporation in the world. It was founded May 2nd 1670 and was orginally a fur trading company. Now it has many retail stores throughout Canada. In the 17th centuary 2 regular french fur traders learned that the best place to get furs was north west of lake Superior from some Cree. They went back to France and suggested that it would be less money to transport furs if there was a fur trading post on the Hudson bay. Radisson and des Groseillier's, a group of businessmen finaced these explorations. In 1668, 2 english ships were sent out to explore the possible trading with France. This trading worked.
On May 2nd 1670 The Hudson's Bay Company was officially incorporated. It's 1st headquarter's were founded at Fort Nelson at the mouth of Nelson River (now known as Eastern Manitoba). The english quickly built more posts around the southern bay of Hudson Bay. The HBC's second inland trading post was established by Samuel Hearne in the Cumberland House in 1774. First Nations and Metis did most of the trapping an sold these furs to the HBC. They sold them for metal things and hunting gear. There are now many stores around Canada.