Rupert's Land Act of 1868
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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.
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