::Canada Company


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The Canada Company was a large private chartered British land development company, incorporated by royal charter on August 19, 1826,<ref name=6thgeoIVc75>{{#invoke:citation/CS1|citation |CitationClass=book }}</ref> under an act of British parliament.<ref name="TCCA">An Act to enable his Majesty to grant to a company, to incorporated by charter, to be called "The Canada Company", certain lands in the province of Upper Canada, and to invest the said company with certain powers and privileges, and other privileges relating thereto, 6 Geo. IV, c. 75 </ref> given royal assent on June 27, 1825,<ref>The London Gazette: no. 18154. p. 1217. 12 July 1825.</ref> to aid in the colonization of Upper Canada. Originally formed to acquire and develop Upper Canada's undeveloped clergy reserves and crown reserves<ref name="TCCA"/> which, in 1827, the Company acquired for £341,000 ($693,000) from the Province of Upper Canada:{{#invoke:Footnotes|sfn}}

Acquisition of Canada Company lands
Amount Area Lands
£195,850 ($398,000) convert}} Crown reserves
£145,150 ($295,000) convert}} Recently acquired Indian land in what would become the Huron Tract,located on the eastern shore of Lake Huron, in substitution for the originally contemplated {{safesubst:#invoke:convert|convert}} of clergy reserve lands.{{#invoke:Footnotes|sfn}} One-third of the purchase price went to fund public works and improvements, while the remaining two-thirds was paid to the Crown.<ref>{{#invoke:citation/CS1|citation CitationClass=web


Canada Company sections
Intro  Mission  Company Structure  Dissolution of the Canada Company  Bibliography  See also  References  Further reading  

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