Page "Hudson's Bay Company" Paragraph 36

Another factor was the findings of the Palliser Expedition of 1857 to 1860, led by Captain John Palliser.

Although he initially recommended against settlement of the region the report sparked a debate.

That ended the myth publicized by the Hudson's Bay Company that the Canadian West was unfit for agricultural settlement.

In 1863, the International Financial Society became the majority shareholders of the HBC.