It's not been the smoothest of projects, and the group recently sought assistance from German rival Karstadt by merging its local operations in Europe into a new joint venture.
As a result of their involvement in the fur trade, many abandoned their traditional lifestyles and economy, and became reliant on European manufactured goods and foodstuffs for survival. Target used the acquisition of this real estate as a means to enable its entry in the Canadian market.
A means of exchange arose based on the " Made Beaver " MB ; a prime pelt, worn for a year and ready for processing: "the prices of all trade goods were set in values of Made Beaver MB with other animal pelts, such as squirrel, otter and moose quoted in their MB made beaver equivalents.
After the merger, the HBC closed many trading posts that had become unprofitable. Inthe fur trade department was renamed the northern stores department, while the land sales department was moved to a subsidiary company in The War of altered hopes for Astor's company, and the following year Pacific Fur Company sold all of its interests in the region to North West Company.
D'Iberville raided Fort Severn in but did not attempt to raid the well-defended local headquarters at York Factory. This drainage basin of Hudson Bay constitutes 1.