1670 - The Hudson's Bay Company is established.

In 1670, the Hudson's Bay Company was founded in England by royal charter, with the mandate to exploit the natural resources of northern Canada.

The company was granted a monopoly over the fur trade in the Hudson Bay drainage basin, which spanned an area from the Labrador coast to the eastern edge of the Rocky Mountains.

The company was also granted exclusive rights to trade with the Inuit and other Indigenous peoples of the region.

The Hudson's Bay Company became a major economic presence in the region and was instrumental in the development of the Canadian fur trade.

The company established trading posts throughout the region, including Fort Nelson, Fort Edmonton, and Fort Vancouver.

The company was also involved in the development of the Canadian Pacific Railway, which helped link the east and west coasts of Canada.

In 1870, the company was incorporated in Canada.

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