What qualities of the Hudsons Bay Company allowed it to survive while the Northwest Company was unable?
The Hudson’s Bay Company (French: Compagnie de la Baie d’Hudson), abbreviated HBC, is the oldest commercial corporation in North America and is one of the oldest in the world. The company was incorporated by British royal charter in 1670 as The Governor and Company of Adventurers of England trading into Hudson’s Bay; it is now domiciled in Canada and has adopted the more common shorter name as its legal moniker. It was once the de facto government in parts of North America before European-based colonies and nation states existed. It was at one time the largest landowner in the world, with Rupert’s Land being a large part of North America. From its longtime headquarters at York Factory on Hudson Bay, it controlled the fur trade throughout much of British-controlled North America for several centuries, undertaking early exploration. Its traders and trappers forged early relationships with many groups of First Nations/Native Americans and its network of trading posts formed the nucleus fo
