Company of One Hundred Associates
The Company of One Hundred Associates (French: formally the Compagnie de la Nouvelle-France, or colloquially the Compagnie des Cent-Associés or Compagnie du Canada), or Company of New France, was a French trading and colonization company chartered in 1627 to capitalize on the North American fur trade and to expand French colonies there. The company was granted a monopoly to manage the fur trade in the colonies of New France, which were at that time centered on the Saint Lawrence River valley and the Gulf of Saint Lawrence. In return, the company was supposed to settle French Catholics in New France. The Company of One Hundred Associates was dissolved by King Louis XIV, who incorporated New France into a province in 1663.