On This Day

Hudson's Bay Company cedes its territory to Canada

The Hudson's Bay Company (abbreviated HBC and colloquially Hudson's Bay) is a Canadian holding company of department stores and commercial property.

The Hudson's Bay Company (abbreviated HBC and colloquially Hudson's Bay) is a Canadian holding company of department stores and commercial property. It is the oldest corporation in North America, founded in 1670 and liquidated in 2025. It was headquartered at the Simpson Tower in Toronto.

The founding royal charter, issued by King Charles II, granted the company the right of "sole trade and commerce" over the Rupert's Land territory, the borders of which were based on the Hudson Bay drainage basin. It controlled the fur trade throughout English and later British North America, and was its de facto government until it relinquished control of the land to Canada in 1869. The company then diversifed with the ownership and operation of several retail businesses throughout the latter country.

Historical Significance

The Hudson's Bay Company (abbreviated HBC and colloquially Hudson's Bay) is a Canadian holding company of department stores and commercial property.

Events Before

  1. US House of Representatives votes 126 to 47 to impeach President Andrew Johnson

    The impeachment of Andrew Johnson for "high crimes and misdemeanors" was initiated by the United States House of Representatives on February 24, 1868.

  2. American religious leader Brigham Young weds his 53rd wife, American actress and future polygamy critic Anna Webb (24),

    American religious leader Brigham Young weds his 53rd wife, American actress and future polygamy critic Anna Webb (24), in Salt Lake City, Utah

  3. The Shogunate is abolished in Japan

    The first human inhabitants of the Japanese archipelago have been traced to the Paleolithic, around 38–39,000 years ago.

  4. Abyssinian War ends as British and Indian troops capture Magdala and Ethiopian Emperor Tewodros II commits suicide

    Abyssinian War ends as British and Indian troops capture Magdala and Ethiopian Emperor Tewodros II commits suicide

  5. US Senate fails to impeach President Andrew Johnson by one vote

    The impeachment of Andrew Johnson for "high crimes and misdemeanors" was initiated by the United States House of Representatives on February 24, 1868.

Events After

  1. American lawman Wyatt Earp (21) weds Urilla Sutherland (20) in Lamar, Missouri, until her death in August of the same ye

    American lawman Wyatt Earp (21) weds Urilla Sutherland (20) in Lamar, Missouri, until her death in August of the same year

  2. American writer (Huckleberry Finn) Samuel Langhorne Clemens, pen name Mark Twain, (34) marries Olivia Langdon (24) in El

    American writer (Huckleberry Finn) Samuel Langhorne Clemens, pen name Mark Twain, (34) marries Olivia Langdon (24) in Elmira, NY

  3. Iowa ratifies the 15th Amendment to the United States Constitution, allowing suffrage for all races and colors

    Iowa ratifies the 15th Amendment to the United States Constitution, allowing suffrage for all races and colors

  4. Impressionist Painter Claude Monet (29) weds model Camille Doncieux in Paris

    Impressionist Painter Claude Monet (29) weds model Camille Doncieux in Paris

  5. The 15th Amendment to the US Constitution is adopted, guaranteeing the right to vote regardless of race

    The Fifteenth Amendment (Amendment XV) to the United States Constitution prohibits the federal government or any state from denying or abridging a citizen's right to vote "on account of race, color,…

More from the 1860s

Frequently Asked Questions

What happened on April 9, 1869?
The Hudson's Bay Company (abbreviated HBC and colloquially Hudson's Bay) is a Canadian holding company of department stores and commercial property. It is the oldest corporation in North America, founded in 1670 and liquidated in 2025. It was headquartered at the Simpson Tower in Toronto.
Why is Hudson's Bay Company cedes its territory to Canada significant?
The Hudson's Bay Company (abbreviated HBC and colloquially Hudson's Bay) is a Canadian holding company of department stores and commercial property.

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