Its first century of operation found Hbc steadfastly ensconced in a few forts and posts around the shores of James and Hudson Bays. Natives brought furs p.a. to these locations to barter for manufactured goods such as knives, kettles, beads, needles, and blankets. By the juvenile 18th c. competition forced Hbc to expand into the interior. A take in of posts grew up along the great river networks of the west foreshadowing the late cities that would succeed them: Winnipeg, Calgary, Edmonton.
The company has extended its fur trading exterior Canada, especially in Russia, and deemphasized the retailing of furs. Under pressure from fleshly rights activists and because of economic factors, the company closed the last of its retail fur salons in 1991.
After World War I, the company spread out into other areas of business.

It began to develop oil, gas and minerals on its areas, which were profitable until the assembly line market crash of 1929. Once again, the HBC had to rebuild.
The company controlled most of the land in modern day Canada from the Atlantic to the Pacific Ocean. not only was HBC in charge of the land, they also made and obligate many of the laws. (MAP)
The claims of fur traders played a part in establishing the border between the United States and Canada. For example, the areas of trade controlled by U.S. and British traders helped determine the border in the region of the Great Lakes.If you inadequacy to get a full essay, order it on our website: Orderessay
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