Hudson's Bay Company
/ˌhʌdsnz ˈbeɪ kʌmpəni/
/ˌhʌdsnz ˈbeɪ kʌmpəni/
- a Canadian trading company set up in 1670 by the British to buy and sell the products of northern Canada, such as furs. The company helped to make it easier for people to settle in Canada by establishing trading posts and transport routes all across the country. It owned very large areas of Canada, which it sold to the Canadian government in 1870. The company now has a chain of department stores selling a wide range of goods.