Quote:
Originally Posted by casper
The original NWC (from the 1700s) was merged into the Hudson Bay Company. I don't remember when it go spun off, but at some point HBC wanted out and since then it was spun back out has been acquiring similar business around the world.
Given the prices they charge in those remote communities I would not call it a social services business. They are a major corporation.
I knew one of the VP (who is not there any more) at the time they purchased the airline. They viewed themselves as a logistics company that happened to sell groceries and offering financial services in remote communities.
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NWC started up in the late 80s, they took over The Bay's longstanding northern stores. They carry on the North West Company's name, but it's a different entity from the original.
As strange as it may sound to urban Canadians, if you lived in a tiny little indigenous community in Northern Manitoba, you did all of your shopping at The Bay since it was the only store in town. Of course, The Bay in Shamattawa bore no resemblance to the typical suburban Bay store.
Since NWC took over, they rebranded the stores as Northern, but they are fundamentally unchanged.
Here's what one of their stores looks like:
Their stores are often the subject of controversy because of the extremely high prices that they charge local residents.