Canada Company
From Freepedia
The Canada Company was a large chartered British company set up in 1824 to aid the colonization of Upper Canada. Scottish novelist, John Galt, was the Canadian superintendant. The government of Upper Canada sold the company 10,000 km² of land for 341 000 pounds. Most of this land was located in the Huron Tract, around what is now London, Ontario. The company surveyed and subdivided this massive area, built roads, mills, and schools and advertised it to buyers in Europe. The company then assisted in the migration of new settlers, bringing them to the area by means of a boat, which the company also owned, on Lake Ontario.
The company's mismanagement and corruption, and its close alliance with the Tory elites, was an important contributing factor to the revolt of 1837.
The company disassembled in the 1950's.
Bibliography
H. B. Timothy, 1984.The Galts, a Canadian odyssey,Toronto: McClelland and Stewart. ISBN 0771084579
See also
- British-American Land Company, the Lower Canada equivalent of the Canada Company
