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The North West
Company |
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Following Peter Pond’s discovery of the Portage-La-Loche in
1778, which gave access to the rich furs of the Athabasca basin,
the newly established North West Company (NWC) from Montreal
sent 300 Canadians into the region to man the brigades and carry
furs midway through the portage.
In the wake of Pond’s discovery, rival fur trade companies
were created, notably the XY Company, (which was eventually
absorbed by the NWC) as well as several American companies
including the Pacific Northwest Company and the American Fur
Company, both owned by John Jacob Astor. Series of fur trade
forts were established in leapfrog fashion along the rivers of
the Canadian Northwest, and although at times the employees of
the various companies were friendly enough, strong rivalries
prevailed. The rivalries often translated into violent
confrontations, such as the Seven Oaks Incident (La Grenouillère)
in 1816, between the NWC and the Hudson’s Bay Company men, in
the Red River Colony. Peace was finally re-established with the
amalgamation of the NWC into the HBC in 1821. |