Communauté des habitants (Compagnie des habitants), colonial merchants who held the fur trade monopoly in New France 1645-63. In principle the Compagnie des Cent-Associés ceded its monopoly to all inhabitants of the colony, but in practice only a few of the wealthiest benefited. The cost of the monopoly was the equivalent of the colony's administrative expenses plus an annual rent of 1000 livres' weight of beaver skins and the promise to import 20 colonists a year. The communauté was not a success: high interest rates, combined with a lack of experience in commerce, led to serious financial difficulties by 1652. The Conseil de Québec then declared the trade open to all habitants, not just the original communauté members. This arrangement continued until the communauté's collapse in 1663.
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- MLA 8TH EDITION
- . "Communauté des habitants". The Canadian Encyclopedia, 07 March 2014, Historica Canada. www.thecanadianencyclopedia.ca/en/article/communaute-des-habitants. Accessed 13 October 2024.
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- APA 6TH EDITION
- (2014). Communauté des habitants. In The Canadian Encyclopedia. Retrieved from https://www.thecanadianencyclopedia.ca/en/article/communaute-des-habitants
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- CHICAGO 17TH EDITION
- . "Communauté des habitants." The Canadian Encyclopedia. Historica Canada. Article published February 06, 2006; Last Edited March 07, 2014.
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- TURABIAN 8TH EDITION
- The Canadian Encyclopedia, s.v. "Communauté des habitants," by , Accessed October 13, 2024, https://www.thecanadianencyclopedia.ca/en/article/communaute-des-habitants
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Communauté des habitants
Published Online February 6, 2006
Last Edited March 7, 2014
Communauté des habitants (Compagnie des habitants), colonial merchants who held the fur trade monopoly in New France 1645-63.