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Hudson's Bay Company
The Hudson's Bay Company (HBC), originally the Governor and Company of Adventurers of England Trading Into Hudson’s Bay, is a Canadian holding company of department stores, and the oldest corporation in North America. It was the owner of the namesake Hudson's Bay (department store), Hudson's Bay department stores (colloquially The Bay), and also owns or manages approximately of gross leasable real estate through its HBC Properties and Investments business unit. HBC previously owned the full-line Saks Fifth Avenue and off-price Saks Off 5th in the United States, which were spun-off into the Saks Global holding company in 2024. After incorporation by royal charter issued in 1670 by Charles II of England, King Charles II, the company was granted a right of "sole trade and commerce" over an expansive area of land known as Rupert's Land, comprising much of the Hudson Bay drainage basin. This right gave the company a monopoly, commercial monopoly over that area. The HBC functioned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daily Hive
''Daily Hive'', formerly known as ''Vancity Buzz'', is a Canadian online newspaper based in Vancouver, British Columbia. It began digital publishing in 2008 and became Western Canada's largest online-only publication by 2016. In September 2022, ZoomerMedia announced a deal to acquire ''Daily Hive'' for $16.4 million. History The site began its publishing in 2008 under the name ''Vancity Buzz'' and was founded by Manny Bahia and Karm Sumal. The name was changed to ''Daily Hive'' in 2016 when the company expanded nationally. Concurrently with its rebranding as ''Daily Hive'', the publication expanded to Toronto and Montreal. In November 2017, ''Daily Hive'' deleted many of their posts on their official Instagram account as a form of viral marketing, inspired by Taylor Swift's similar publicity stunt earlier in the year. They then posted images of the word "Nude". This stunt caused growth in their social media presence and gained them more followers than before. ID Agency In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British North America
British North America comprised the colonial territories of the British Empire in North America from 1783 onwards. English colonisation of North America began in the 16th century in Newfoundland, then further south at Roanoke and Jamestown, Virginia, and more substantially with the founding of the Thirteen Colonies along the Atlantic coast of North America. The British Empire's colonial territories in North America were greatly expanded by the Treaty of Paris (1763), which formally concluded the Seven Years' War, referred to by the English colonies in North America as the French and Indian War, and by the French colonies as . With the ultimate acquisition of most of New France (), British territory in North America was more than doubled in size, and the exclusion of France also dramatically altered the political landscape of the continent. The term ''British America'' was used to refer to the British Empire's colonial territories in North America prior to the United States ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fur Trade
The fur trade is a worldwide industry dealing in the acquisition and sale of animal fur. Since the establishment of a world fur market in the early modern period, furs of boreal ecosystem, boreal, polar and cold temperate mammalian animals have been the most valued. Historically the trade stimulated the exploration and colonization of Siberia, northern North America, and the South Shetland Islands, South Shetland and South Sandwich Islands. Today the importance of the fur trade has diminished; it is based on pelts produced at fur farms and regulated fur-bearer trapping, but has become controversial. Animal rights organizations oppose the fur trade, citing that animals are brutally killed and sometimes skinned alive. Fur has been replaced in some clothing by synthetic fiber, synthetic imitations, for example, as in ruffs on hoods of parkas. Continental fur trade Russian fur trade Before the European colonization of the Americas, Russia was a major supplier of fur pelts to W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rupert's Land Act 1868
The Rupert's Land Act 1868This short title was authorised bsection 1of the act. ( 31 & 32 Vict. c. 105) was an Act of the Parliament of the United Kingdom of Great Britain and Ireland (as it then was), authorizing the transfer of Rupert's Land from the control of the Hudson's Bay Company to the Dominion of Canada. Often confused with the Deed of Surrender, the act is different as it only expressed that the United Kingdom and Canada permitted the transfer but did not settle on the details of exchange with HBC which were then outlined in the deed. See also The act resulted in other legislation that created or helped create three Canadian provinces that had been part of Rupert's Land: * ''Manitoba Act'' 1870 * '' Alberta Act'' 1905 * ''Saskatchewan Act The ''Saskatchewan Act'' () is an Act of Parliament, act of the Parliament of Canada which established the new Provinces and territories of Canada, province of Saskatchewan, effective September 1, 1905. Its long title is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deed Of Surrender
The Deed of Surrender or Rupert's Land and North-Western Territory Order is an 1870 British order in council that transferred ownership of Rupert's Land and the North-Western Territory from the United Kingdom to the newly created Dominion of Canada. The Deed ended just over 200 years of Hudson's Bay Company (HBC) control over Rupert's Land and began western Canadian expansion. Often confused with the Rupert's Land Act 1868, the deed is different as the act only expressed that the United Kingdom and Canada permitted the transfer, but did not settle on the details of exchange with HBC, which were outlined in the Deed of Surrender. History On May 2, 1670, King Charles II of England granted the HBC a royal charter for "the sole Trade and Commerce of all those Seas, Streights, Bays, Rivers, Lakes, Creeks, and Sounds, in whatsoever Latitude they shall be, that lie within the entrance of the Streights commonly called Hudson's Streights... which are not now actually possessed by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monopoly
A monopoly (from Greek language, Greek and ) is a market in which one person or company is the only supplier of a particular good or service. A monopoly is characterized by a lack of economic Competition (economics), competition to produce a particular thing, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge Monopoly price, overly high prices, which is associated with unfair price raises. Although monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry (or market). A monopoly may als ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hudson Bay Drainage Basin
The Hudson Bay drainage basin is the drainage basin in northern North America where surface water empties into the Hudson Bay and adjoining waters. Spanning an area of about and with a mean discharge of about , the basin is almost entirely within Canada. It encompasses parts of the Canadian Prairies, Central Canada, and Northern Canada. A small area of the basin is in the northern part of the Midwestern United States. The Hudson Bay drainage basin coincides almost completely with the former territory of Rupert's Land, claimed by the Hudson's Bay Company in the 17th century. It was an ideal area for the early North American fur trade. Boundaries and limits The Hudson Bay's connection to the Labrador Sea (the Atlantic Ocean) is at the Hudson Strait's mouth, between Resolution Island in the Qikiqtaaluk Region and Cape Chidley on the Labrador Peninsula. The watershed's headwaters to the south-west are on the Continental Divide of the Americas, bounded at Triple Divide Pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rupert's Land
Rupert's Land (), or Prince Rupert's Land (), was a territory in British North America which comprised the Hudson Bay drainage basin. The right to "sole trade and commerce" over Rupert's Land was granted to Hudson's Bay Company (HBC), based at York Factory, effectively giving that company a Monopoly, commercial monopoly over the area. The territory operated for 200 years from 1670 to 1870. Its namesake was Prince Prince Rupert of the Rhine, Rupert of the Rhine, who was a nephew of King Charles I of England, Charles I and the first governor of HBC. In December 1821, the HBC monopoly was extended from Rupert's Land to the Pacific coast. The areas formerly belonging to Rupert's Land lie mostly within what is today Canada, and included the whole of Manitoba, most of Saskatchewan, southern Alberta, southern Nunavut, and northern parts of Ontario and Quebec. Additionally, it also extended into areas that would eventually become parts of Minnesota, North Dakota, and Montana. The sout ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charles II Of England
Charles II (29 May 1630 – 6 February 1685) was King of Scotland from 1649 until 1651 and King of England, Scotland, and King of Ireland, Ireland from the 1660 Restoration of the monarchy until his death in 1685. Charles II was the eldest surviving child of Charles I of England, Scotland and Ireland and Henrietta Maria of France. After Charles I's execution at Palace of Whitehall, Whitehall on 30 January 1649, at the climax of the English Civil War, the Parliament of Scotland proclaimed Charles II king on 5 February 1649. However, England entered the period known as the English Interregnum or the English Commonwealth with a republican government eventually led by Oliver Cromwell. Cromwell defeated Charles II at the Battle of Worcester on 3 September 1651, and Charles Escape of Charles II, fled to mainland Europe. Cromwell became Lord Protector of England, Scotland and Ireland. Charles spent the next nine years in exile in France, the Dutch Republic and the Spanish Netherlands. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Charter
A royal charter is a formal grant issued by a monarch under royal prerogative as letters patent. Historically, they have been used to promulgate public laws, the most famous example being the English Magna Carta (great charter) of 1215, but since the 14th century have only been used in place of private acts to grant a right or power to an individual or a body corporate. They were, and are still, used to establish significant organisations such as boroughs (with municipal charters), university, universities, and learned society, learned societies. Charters should be distinguished from royal warrant of appointment, royal warrants of appointment, grant of arms, grants of arms, and other forms of letters patent, such as those granting an organisation the right to use the word "royal" in their name or granting city status in the United Kingdom, city status, which do not have legislative effect. The British monarchy list of organisations in the United Kingdom with a royal charter, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Post
The ''Financial Post'' is a financial news website, and business section of the ''National Post'', both publications of the Postmedia Network. It started as an English Canadian business newspaper, which published from 1907 to 1998. In 1998, the publication was folded into the new ''National Post''."Black says Post to merge with new paper". ''The Globe and Mail'', July 23, 1998. The name ''Financial Post'' also lives on in the ''Post''s monthly business magazine, ''Financial Post Business''. History and overview The ''Financial Post'' started publication in 1907 by John Bayne Maclean."Publishing Inc. on the move". ''The Globe and Mail'', April 9, 1983. It was a weekly publication, and one of the core assets of Maclean's media business, which eventually became Maclean-Hunter. The paper was purchased by Sun Media in 1987, and expanded into a daily tabloid on February 1, 1988, and added newspaper home delivery in 1990, with a reformatted ''Financial Post Magazine'' following shor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
