The History of Canadian Trade

Timeline created by skarasmanis
  • Jan 1, 1497

    John Cabot landed in Newfoundland

    John Cabot landed in Newfoundland
    John Cabot landed in Newfoundland while looking for a route to the Orient to get spices. He instead brought back fish. This led to hundreds of European fishing boats bring back cod to trade and sell in Europe.
  • Established First Permanent Settlement

    Established First Permanent Settlement
    Early 1600s - Samuel de Champlain was sent by France to establish the first permanent settlement to gain control of the fur trade in North America. The French gained a monopoly in the fur trade because of this settlement.
  • Radisson and des Groseillier

    Radisson and des Groseillier
    1660 - Radisson and des Groseillier were prevented from setting up their own company by there French government.
  • Formation of the Hudson’s Bay Company

    Formation of the Hudson’s Bay Company
    May 2, 1670 - Royal Charter to form a new company, the Hudson’s Bay (now known as the Hudson’s Bay Company), granted by the King.
  • Formation of the North West Company

    Formation of the North West Company
    1779 - A group of 16 merchants united to form the North West Company. They became a major competitor to the Hudson’s Bay Company.
  • Canadian Fur Trade Banned in the US

    Canadian Fur Trade Banned in the US
    1816 - After the war of 1812, the American government passed a law which made it illegal for Canadians to trade furs in the United States. This forced the Hudson’s Bay and North West Company to join forces.
  • Major Fur Trade Companies Merge

    Major Fur Trade Companies Merge
    1821 - The Hudson’s Bay Company and North West Company merged under the Hudson’s Bay Company name.
  • Silk Beats Beaver Pelts in Europe

    Silk Beats Beaver Pelts in Europe
    1840 - Silk became more popular in Europe reducing the demined for beaver pelts. The fur trade never has been able to regain its significance.
  • The Canadian Pacific Railway

    The Canadian Pacific Railway
    1885 - The Canadian Pacific Railway was completed to the west coast. This provided means to ship goods coast to coast.
  • Japan Enters North American Markets

    Japan Enters North American Markets
    1950s - Japan entered North American markets, bringing its inexpensive electronics, toys and automobiles.
  • NAFTA

    NAFTA
    1993 - Canada signed the North American Free Trade Agreement (NAFTA) which worked to eliminate all tariff barriers among Canada, the United States and Mexico by 2008. This led to a huge rise in trade with the countries but mainly between Canada and Mexico.
  • FTAA

    FTAA
    1994 - Summit of the Americas was held to arrange a free trade agreement called Free Trade Area of the Americas (FTAA).
  • Canada - European

    Canada - European
    July 1, 2009 - Canada established a Free Trade Agreement with the European Free Trade Association.
  • Canada - Nigeria/Ghana

    Canada - Nigeria/Ghana
    January 2013 - Canada is negotiating with Nigeria and Ghana in the area of Extractive Industries, Mining, and Infrastructure.
  • Canada - Japan/China/South Korea

    Canada - Japan/China/South Korea
    7-12 April 2013 - Canada is negotiating trade agreements with China, Japan and South Korea in the area of Information and communication technologies, Enterprise Solutions and Mobile Applications and Medical Imaging.
  • Period:
    Jan 1, 1400
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    The History of Canadian Trade