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by: Maegan and kendra
Phase one
1760-1821
New France became a british colony in 1763. The french focused manly on furs but the british focused more on farming which pushed the fur traders off the land. British merchants took control of the fur trade out of Montreal and they competed as independents against the Hudson's Bay Company. In1779 the merchants united to improve there chances as the North West Company. The competition between the North West Company and the Hudson Bay Company drove the fur trade west, both company's sought new resources and new First Nations. As the fur trade moved west the forts in the west become farther from the shipping points in the east, so the Voyageurs, traders and freighters needed food that travailed well. The Metis and First Nations supplied it, pemmican.The Francophone Metis working for the NWC took up a central position in the trade's expanding business and territory at Red River.The Metis became key to the fur trade as interpreters, guides, traders, provisioners and carters. Missionaries began to convert First Nations off the west to Christianity
economic compition
-The competition between the North West Company and the Hudson Bay Company led to shooting, fights and hostage taking.
In economics, competition is the rivalry among sellers trying to achieve such goals as increasing profits, market share, and sales volume by varying the elements of the marketing mix: price, product, distribution, and promotion
-The North West Company and the Hudson bay company merged to end the conflict in 1821.
-The Hudson Bay Company lost a court case against the Metis traders supplying pemmican and fur to Americans.
-Britain starts to worry that Americans will use there economic connections to take control of Rupert's Land
-The fur trade began to decline in the west because the buffalo began to disappear, beaver became scarce, and the demand for furs began to fall.
-in 1869, Britian helped the HBC sell rupert's land to Canada