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The charter granted to the Company by King Charles II gave it a monopoly over the watershed consisting of all rivers and streams flowing into Hudson Bay, an area of 3.9 million km² (1.5 million mi²), over one-third the area of modern-day Canada.
In 1821, the North West Company of Montreal and the Hudson's Bay Company merged, with a combined territory that was further extended by a license to the watershed of the Arctic Ocean on the north and the Pacific Ocean on the west.
In 1870 the trade monopoly was abolished and trade in the region was opened to any entrepreneur. The company ceded Rupert's Land to the DominionThis is a page about Dominions of the British Empire/Commonwealth. For other meanings, please see Dominion (disambiguation). A Dominion is a wholly self-governing or virtually self-governing state of the British Empire or British Commonwealth, particularl of Canada as the Northwest TerritoriesA former territory in the United States is called Northwest Territory . Northwest Territories Territoires du Nord-Ouest ( In Detail) ( In Detail) Motto: None Capital Yellowknife Official Languages Chipewyan, Cree, Dogrib or Tli Cho, English, French, Gwich.
Rupert's Land is also an ecclesiastical provinceAn ecclesiastical province is a unit of religious government existing in certain Christian churches. It consists of a metropolitan archdiocese and a number of other dioceses known as suffragan sees''. The archbishop of the metropolitan see is the metropol of the Anglican Church of CanadaThe Anglican Church of Canada is the Canadian branch of the Anglican Communion. It is made up of 800,000 members worshipping in 30 dioceses; over 2 million Canadians, or 6. 9% of the population, declared themselves as Anglican in the 2001 Census. The Prim covering the Canadian Prairies and much of the Canadian ArcticThe Arctic is the area around the Earth's North Pole. The Arctic includes parts of Russia, Alaska, Canada, Greenland, Lapland, and Norway (including Svalbard), as well as the Arctic Ocean. The 10°C (50°F) July isotherm is commonly used to define the borde It is also the name of an Anglican dioceseIn the Roman Empire, a diocese was a city district or part of a province. In the Roman Catholic and some Protestant churches, a diocese is an administrative territorial unit governed by a bishop, sometimes also referred to as a bishopric or episcopal see in Manitoba.
See also: 49th parallel
Canadian history Fur trade