The Canada Company

Canada Company Coat of Arms
The country does not alter the race

The Canada Company, founded in 1825, was established to promote and assist in the colonization of Upper Canada. As a private firm however, its main goal was the sale of land (primarily in south-western Ontario) to new immigrants. The company had purchased about 2.5 million acres from the government in 1826 for this purpose, and in so doing ushered in a new era of development; private firms in charge of land administration rather than the crown.

Many Scottish immigrants took advantage of the new organization and had nothing but praise for the company (and land) after having been settled: "The land here [North Easthope Township, now the Township of Perth East in Perth County] is good and well-watered, the terms of the Upper Canada Land Company are liberal, requiring the settler only pay a fifth of the purchase money when the land is applied for, and the remainder in five yearly instalments with interest at six per cent. The Company at present [1836] sell their land at 12s. 6d. currency per acre being equal to 10s. 8d. British, and the only stipulation is to clear off each year about three and a half acres for every 100 acres owned by a settler... There are grist mills and saw mills within a few miles of us east and west, also a store where goods of all kinds are sold. This settlement is mostly Scotch, almost wholly so where we are settled, and the utmost goodwill and unanimity prevails. We enjoy, though obtained at present by hard labour and perseverance, all the necessary worldly comforts and with the prospect, if we and our families are spared, of seeing them and us all independent and comfortable farmers, farming our own land." (Campey, 131) 

Canada Company Poster

While a great many immigrants benefited from the company as settlers, the company was not without its controversies. One Reverend Patrick Bell, a Presbyterian minister from Angus referred to the men working for the Canada Company as "cruel seducers" who would lead poor Scots out into the wilderness to starve (Campey, 130). Some settlers in later years would complain that the price per acre had become too high. Still others considered the professional relationship between the Canada Company and the Family Compact to be a little too close for comfort. In fact, many considered them to be one and the same; An exclusive club of elites who only work for and with each other. Political animosity towards the ruling Family Compact resulted in open rebellion in 1837 and 1838. After that period and the sharp decline of those ruling elites, the Canada Company streamlined its operations, became far more inclusive, and continued to operate until all of its lands were finally sold off in 1951.

John Galt (the Scottish novelist and founder of Guelph and of Goderich in 1827, and the namesake of the former Shade's Mills) was the first Secretary and Superintendent of the Canada Company. His tenure was cut short however, by company directors who considered him a little too interested in the actual welfare of settlers over profit margins. Galt spent only three years in the province before heading back to Scotland; dying in 1839. A further discussion of Galt and his achievements will be forthcoming in another post. In the meantime, please check out the further reading links below to some of the original documents related to the creation of the Canada Company.

Sources
Wikipedia, 2014 "Canada Company" (not a bad place to start for some good overview and a list of members/positions)
Canadian Encyclopedia, 2013 "Canada Company"
Canada in the Making, "Post-Loyalist Settlement (1814-1830)"
Canadian Dictionary of Biography, 1988, "John Galt"
Lucille H. Campey's 2005, The Scottish Pioneers of Upper Canada, 1784-1855

Further Reading
'A Bill to enable His Majesty to grant to a Company, to be 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 relating thereto' (London, House of Commons, 1825).
National Archives of Canada, Map of the Lands of the Huron Tract Belonging to the Canada Company by Samuel Oliver Tazewell.