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What is HBC?

Updated: 8/19/2023
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14y ago

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HBC is a company called Hudson Bay Company which owns 4 shopping stores called zellers, the bay, home outiftters and fields

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14y ago
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14y ago

Hudson Bay company Bye Cody

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Why did the NWC and the HBC merge?

the hbc had alot of hot women and the nwc thought if they merged witht he hbc thy could maybe have some sexy time


What was the HBC's 'Stay at the Bay' policy?

It was where the HBC built trading posts at the mouths of rivers, on the shore of Hudson Bay; and had the First Nations trappers and traders travel long distances to bring their furs to the trading posts to exchange them for trade goods. - any help? ^_^


Why did Henry kelsey come to Canada?

Henry Kelsey came to Canada to work for the HBC in fur trade.


Who were the Nor'westers?

They were British fur traders that rivaled the Hudson bay Company. Often they would intercept furs from the HBC's convoys


Did the first nations get anything from hudsons bay company?

Lots. To start with they got technology they were likely to never develop on their own, (if you accept the idea that such advancements depended on environmental factors). Iron items made everything easier, from hunting to warfare, metal was very valuable in a land that produced nothing but soft copper. They also got a bit of a reprieve from the European onslaught. The HBC had a simple business model for the massive lands they were given. They would set up forts and trading posts on the coasts and have Aboriginals and other traders come to them to trade. This model allowed Aboriginals a significant level of self government as the HBC was only interested in getting furs and other goods from them. The HBC even had policies that required trading forts to carry enough food to see everybody in the area through starvation events all too common with hunter gathers. It was a simple and profitable model. But it was not long before traders, many of them French, started to attack the HBC monopoly by trading inland using any method that resulted in lots of furs and all too often as a bonus no exchange of anything in trade other than some alcohol or a bullet. The HBC had many rules about trading alcohol, but those operating outside the HBC faced no such limitations or enforcement. Anything went and we know it did. Eventually the Northwest Company was set up and trading practices improved and provided real competition for HBC. This resulted in HBC having to move inland and between them and other traders they brought the world giving Aboriginals everything the world had to offer both the good and all the bad.

Related questions

How did the old hbc retain control over the new hbc after the merger with the nwc?

HBC kept control by controlling the trade routes, which brought a lot of money into the HBC.


When the hbc and the nwc merged why did they keep the hbc's name?

Because HBC was the more powerful one, either way it's now called "The Bay."


Why did the NWC and the HBC merge?

the hbc had alot of hot women and the nwc thought if they merged witht he hbc thy could maybe have some sexy time


Who owns the the HBC?

The initials HBC usually means, in Canada, the Hudson's Bay Company.


When was HBC opened?

HBC (The Hudson's Bay Company) was founded in 1670 by King Charles II.


Who are the owners of hbc?

The initials HBC usually means, in Canada, the Hudson's Bay Company.


Why is HBC important?

T


What does hbc sell today?

Hbc, sell anything from clothes, dishes, bedding, curtain and much much more


What did the HBC and the NWC do in the 1821?

Merge


Who established the HBC?

The HBC was founded on 2 May 1670 when King Charles granted a charter to his cousin Prince Rupert and his associates.


Why is the Hudson Bay company important for WA settlers?

The HBC purchased furs from settlers and sold goods brought in via York Factory from the Atlantic. HBC also brought in goods from the Pacific. The HBC was the big block store of it's day.


What is the limit on a HBC credit card?

The limit for an HBC credit card is communicated to the purchaser of a new Hudson Bay Company credit card directly. This is the only way that one can determine the cash limit and credit limit on an HBC credit card.