Canada Company
An Act of Parliament in 1825 incorporated the Canada Company with the Huron Tract settlement objective as its primary goal. The Canada Company received its Charter in 1826, ceased business in 1951 and was dissolved in December 1953. The administration of the Huron Tract demonstrates the uniquely North American tendency to allocate to private enterprise, functions which would normally have been the Crown prerogative in Britain. Nevertheless, private enterprise and the ruling elite never quite separated in the case of the Huron Tract, the Canada Company and the Family Compact being almost synonymous until after the Rebellions of 1837.