Canadian Citizenship Test · Question
Who founded the Hudson's Bay Company in 1670?
English investors with a Royal Charter is correct because King Charles II of England officially incorporated the Hudson’s Bay Company in 1670, granting exclusiv
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Question: Who founded the Hudson's Bay Company in 1670?
Answer options:
- French traders ✅ English investors with a Royal Charter
- Spanish merchants
- Indigenous councils
Correct answer: English investors with a Royal Charter
Explanation: English investors with a Royal Charter is correct because King Charles II of England officially incorporated the Hudson’s Bay Company in 1670, granting exclusive trading rights over the Rupert's Land watershed to a group of English merchants. While French traders initially proposed the idea, they did not secure the English charter, and neither Spanish merchants nor Indigenous councils founded this British corporate entity. Discover Canada highlights this event to illustrate how British commercial monopolies shaped early Canadian geography and expansion. Understanding the origins of the fur trade and key colonial charter companies is highly relevant for citizenship test history questions.
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