With the recent closure of Hudson’s Bay, Canada’s oldest company, several contenders have emerged for the title of the nation’s oldest business. These businesses feature a mix of well-known and lesser-known names, each with a unique story. Here is an overview of the top contenders vying for this prestigious distinction.
Top Contenders for Canada’s Oldest Company
1. Halifax Gazette (Founded 1752)
The Halifax Gazette, credited to John Bushell, began publication in March 1752. Initially, it operated under different names and later became the Nova Scotia Royal Gazette in 1867. This publication serves as the official government newspaper, announcing legislation and other important news.
2. Quebec Chronicle-Telegraph (Founded 1764)
Started by William Brown and Thomas Gilmore in June 1764, the Quebec Chronicle-Telegraph began printing side-by-side English and French versions of news. The paper faced suspensions due to the 1765 Stamp Act and American sieges but persists today, claiming to be North America’s oldest newspaper.
3. Montreal Gazette (Founded 1778)
Founded by Fleury Mesplet, the Montreal Gazette is another early newspaper, launching as a French-language paper before becoming bilingual. Mesplet faced challenges, including imprisonment for his outspoken journalism. Today, the paper remains operational in Montreal.
4. North West Company (Founded 1779)
The North West Company emerged as a competitor to Hudson’s Bay, primarily engaging in the fur trade. It merged with Hudson’s Bay Company in 1821 but was revitalized in 1987 by a group of investors, continuing to operate under several banners in northern communities.
5. Baine Johnston Corp. (Origins in 1780)
Baine Johnston Corp., a commercial real estate firm based in St. John’s, claims roots dating back to 1780, although supporting evidence is limited. The firm transitioned into real estate in the 1960s and is involved in various business ventures today.
6. Molson Coors (Founded 1786)
John Molson founded a brewery in 1786 along the St. Lawrence River. While initially focusing on beer production, it expanded into other industries. Molson merged with Coors in 2005 and today operates as a major beverage company with numerous brands.
7. Stelco (Origins from 1790)
Stelco’s origins trace back to the Montreal Rolling Mills Co. established in 1868, which itself amalgamated from earlier ventures, including a nail plant from the 1790s. Stelco was rebranded under various owners and is currently held by Cleveland-Cliffs Inc.
Conclusion
As businesses like Hudson’s Bay conclude their historic chapters, the quest for the title of Canada’s oldest company remains competitive. Each of these contenders carries a unique legacy, contributing to Canada’s rich business history.
