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Timeline of Canada and the Hudson Bay Company

  • 1534

    Jacques Cartier’s Arrival

    Jacques Cartier’s Arrival
    British and French explorers moved further west. Commercial, resource-based interests often drove exploration; for example, the fur trade.
  • The first European trading post in Canada was established.

      The first European trading post in Canada was established.
    The first European trading post in Canada was established at Tadoussac.
  • Champlain explored the Bay of Fundy

      Champlain explored the Bay of Fundy
    Champlain followed Cartier's old route where he explored the Bay of Fundy, and in 1605 he established Port-Royal.
  • King Charles grants The Governor of England Trading into Hudson’s Bay

    King Charles grants The Governor of England Trading into Hudson’s Bay
    King Charles grants The Governor and Company of Adventurers of England Trading into Hudson’s Bay a monopoly over the vast region whose rivers end at Hudson Bay.
  • Hudson Bay gets a competitor: the North West Co. of Montreal.

     Hudson Bay gets a competitor: the North West Co. of Montreal.
    After a century of building forts and exploring and trading inland and northward, the company gets a competitor: the North West Co. of Montreal.
  • John Rae crisscrossed the huge area bounded by Great Bear Lake

     John Rae crisscrossed the huge area bounded by Great Bear Lake
    John Rae, one of the most self-sufficient explorers of the North, whose techniques for travel and survival owed much to the Inuit, crisscrossed the huge area bounded by Great Bear Lake, the Boothia Peninsula and the northwest coast of Hudson Bay
  • Canadian Independence Day

    Canadian Independence Day
    On July 1, 1867, with passage of the British North America Act, the Dominion of Canada was officially established as a self-governing entity within the British Empire.
  • Hudson’s Bay continues expansion

    Hudson’s Bay continues expansion
    Hudson’s Bay continues expansion by building a chain of stores in western Canada.
  • Hudson’s Bay Co. becomes a public company

     Hudson’s Bay Co. becomes a public company
    Hudson’s Bay Co. becomes a public company once again with the closure of a $365 million public offering. Shares are traded on the TSX under the symbol HBC.
  • The company announces a deal to acquire U.S. luxury retailer Saks.

    The company announces a deal to acquire U.S. luxury retailer Saks.
    The company announces a US$2.9 billion deal to acquire U.S. luxury retailer Saks. About seven full-line Saks stores and roughly two dozen discount location will operate in Canada.