George Bryce,
The Remarkable History of the Hudson's Bay Company
“ Upper Canada was not constituted a province until the date of the formation of the North-West Company. Montreal and Quebec, the only places of any importance, were small towns. The absence of manufactures, agriculture, and means of inter-communication or transport, led to the North-West Company being the chief source of money-making in Canada. As the fur merchants became rich from their profits, they bought seigniories, built mansions, and even in some cases purchased estates in the old land. ”
