The 'Rupert's Land Act' of
1868 was legislation authorizing the transfer of
Rupert's Land from the control of the
Hudson's Bay Company to the
Dominion of Canada. The transfer occurred in
1869 and was consummated in
1870 by the payment of a consideration of
£300,000.00 to the Hudson's Bay Company, as mandated by the
Rupert's Land and North-Western Territory Order of
1870. Under this agreement, the HBC also retained rights to twenty percent of the arable land in the territory.
External link
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Online text of the Act