The Rupert's Land Act 1868 (31 & 32 Vict. c.105) was an Act of the Parliament of the United Kingdom of Great Britain and Ireland (as it then was), authorizing the transfer of Rupert's Land from the control of the Hudson's Bay Company to the Dominion of Canada. This is the largest land purchase in Canada's history. The transfer occurred in 1869 and was consummated in 1870 by the payment of a consideration of £300,000 (27 million in 2010) to the Hudson's Bay Company, as mandated by the Rupert's Land and North-Western Territory Order of 1870. Under this agreement, the Bay Company also retained rights to 20% of the arable land in the territory. In short, this was an act giving Rupert's Land to Canada.
Famous quotes containing the words land and/or act:
“The windy springs and the blazing summers, one after another, had enriched and mellowed that flat tableland; all the human effort that had gone into it was coming back in long, sweeping lines of fertility. The changes seemed beautiful and harmonious to me; it was like watching the growth of a great man or of a great idea. I recognized every tree and sandbank and rugged draw. I found that I remembered the conformation of the land as one remembers the modelling of human faces.”
—Willa Cather (1873–1947)
“We call the intention good which is right in itself, but the action is good, not because it contains within it some good, but because it issues from a good intention. The same act may be done by the same man at different times. According to the diversity of his intention, however, this act may be at one time good, at another bad.”
—Peter Abelard (1079–1142)