Date: May 2, 1670 Hudson's Bay Company Founded
King Charles II of England granted a charter to Prince Rupert and his "Company of Adventurers of England trading into Hudson's Bay." The charter granted the company a monopoly of trade in the Bay and ownership of all lands drained by rivers flowing into the Bay. The HBC established an English presence in the Northwest and a competitive route to the fur trade centred on Montréal.
Prince Rupert