Wikipedia:Reference desk/Archives/Miscellaneous/2024 August 10

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August 10

Hudson's Bay Company Lands

Hi, the article says that when Rupert's land was transferred to Canada, the company kept some of the land (like 1/12th of all cropland or even additional land). Question, is this land still retained by the company currently or did it sell it? Thanks in advance. Vyacheslav84 (talk) 22:08, 10 August 2024 (UTC)

The land was negotiated in the Deed of Surrender. wikisource:Rupert's Land and North-Western Territory Order/Schedule C has a table of the lands that the HBC chose to keep. This page mentions that Large holdings of land negotiated as part of the Deed of Surrender took the Company into real estate. The sale of homesteads to newly-arrived settlers would later evolve into a full-scale interest in commercial property holdings and development. For an example of what that process looked like, History of Winnipeg#Development and incorporation has information on how the HBC subdivided and sold the lands they held around Fort Garry to form part of Winnipeg. Pinguinn 🐧 23:50, 10 August 2024 (UTC)

Thank you very much, does the company now own the lands? --Vyacheslav84 (talk) 14:39, 11 August 2024 (UTC)

It seems like they've all been sold off by now. HBC Properties and Investments is their current real estate division but its properties are all retail related. Pinguinn 🐧 22:02, 11 August 2024 (UTC)

In addition to the above - they underwent other corporate changes which would have moved land / real estate with it. Mainly Northern Stores being split off into what is now a shareholder company. Komonzia (talk) 01:08, 12 August 2024 (UTC)

Thanks so much, is it possible to track when they sold the last parcels of land? --Vyacheslav84 (talk) 11:57, 12 August 2024 (UTC)