Search for "Hudson Bay Railway"

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Pro Pelle Cutem

Pro pelle cutem (a Latin phrase meaning “a pelt for a skin”) is the traditional motto of the Hudson’s Bay Company (HBC). It was adopted soon after the company received its charter in 1670 and has remained on the HBC coat of arms, apart from a brief period of rebranding between 2002 and 2013.

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Canadian Pacific Railway

The Canadian Pacific Railway company was incorporated in 1881. Its original purpose was the construction of a transcontinental railway, a promise to British Columbia upon its entry into Confederation. The railway — completed in 1885 — connected Eastern Canada to BC and played an important role in the development of the nation. Built in dangerous conditions by thousands of labourers (including 15,000 Chinese temporary workers), the railway facilitated communications and transportation across the country. Over its long history, CPR diversified, establishing hotels, shipping lines and airlines, and developed mining and telecommunications industries. In 2001, Canadian Pacific separated into five separate and independent companies, with Canadian Pacific Railway returning to its origins as a railway company. CP, as it is branded today, has over 22,500 km of track across Canada and the United States. It is a public company and trades on the Toronto Stock Exchange and New York Stock Exchange under the symbol CP. In 2016, CP had $6.2 billion in revenue and $1.6 billion in profit and held assets valued at $19.2 billion.

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Hudson's Bay Company

The Hudson’s Bay Company (HBC), chartered 2 May 1670, is the oldest incorporated joint-stock merchandising company in the English-speaking world. HBC was a fur trading business for most of its history, a past that is entwined with the colonization of British North America and the development of Canada. The company now owns and operates nearly 250 department stores in Canada and the United States, including Hudson’s Bay, Saks Fifth Avenue and Saks OFF 5TH. Originally headquartered in London, England, its head offices are located in Brampton, Ontario. HBC is a private business owned by a holding company.

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Crown Corporation

Crown corporations are wholly owned federal or provincial organizations that are structured like private or independent companies. They include enterprises such as the Canadian Broadcasting Corporation (CBC), VIA Rail, Canada Post and the Bank of Canada; as well as various provincial electric utilities. Crown corporations have greater freedom from direct political control than government departments. As long as crown corporations have existed, there has been debate about their structure, accountability and role in the economy.