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How Did New France Build The Hudson's Bay Company

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New France Relied heavily on its fur trade and fishing industry for its economy. They traded the Natives for various European goods and sold them to France for a large amount of money. There were two major rivaled trading companies, the Hudson's Bay Company and the North West Company. These major fur companies repeatedly sabotaged each other for their own profit. When the North West Company was destroyed in 1810, they were forced to join the Hudson's Bay Company, which ended the name of the North West Company. There were also two groups of traders, the Coureurs de Bois, a group of international entrepreneurial traders, and the Voyagers, a group of licensed trader. The currency of New France was called the Livre. Its value was 1/8 of the French

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