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XY and NWC Unite
The fur-trading XY and North West companies amalgamated. -
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Pacific Fur Company
The Pacific Fur Company, headed by New York fur dealer John Jacob Astor, was established to trade furs in the Northwest and on the Pacific Coast. -
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Bank of Montreal Founded
The first permanent bank in British North America, the Bank of Montreal, was founded. It became a source of commercial loans and credit for the growing Canadian economy. -
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Bank of New Brunswick
The Bank of New Brunswick was incorporated and was the first in the colony. -
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Fur Empires Merge
The agreement was reached to merge the North West Company and the Hudson's Bay Company as of June 1, effectively ending the fur trade out of Montréal and creating a near-monopoly of the fur trade in British North America. -
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Bank of Upper Canada
The Bank of Upper Canada was incorporated at York (Toronto).