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XY Company

The XY Company was named after the marks used to distinguish its bales of goods from those of the North West Company. As the short-lived splinter of the North West Company, the XY Company finally negotiated an agreement with it's parent company when its founder and chief instigator died in July 1804.

As competition grew in the fur trade, new posts were built throughout Alberta. The Hudson’s Bay and North West Companies matched each other post for post along major waterways such as the Peace, Athabasca and Saskatchewan Rivers. Other firms such as the XY Company and independent traders also tried to rival the major firms. This competition encouraged fur trade explorers and map-makers, including Alexander Mackenzie, David Thompson, Simon Fraser and Peter Fidler, to push the trade north and westwards to the Arctic Ocean and beyond the Rocky Mountains to the Pacific coast.