The Canada Company was incorporated by royal charter and Act of
Parliament in 1826. The following are extracts from the prospectus of
the Company:--
"The Canada Company have lands for sale in almost every part of the
province of Upper Canada, on terms which cannot fail to be highly
advantageous to the emigrant, as from the Company requiring only one-
fifth of the purchase-money to be paid in cash, and allowing the
remainder to be divided into five annual payments, bearing interest, the
settler, if industrious, is enabled to pay the balance from the produce
of the land.
"The lands of the Canada Company are of three descriptions, viz.--
Scattered reserves:
Blocks or tracts of land, of from 1,000 to 40,000 acres each;
The Huron tract, containing upwards of 1,000,000 acres.
"_Scattered reserves_. The scattered crown reserves are lots of land of
from 100 to 200 acres each, distributed through nearly every township in
the province, and partaking of the soil, climate, &c., of each
particular township. These lands are especially desirable for persons
who may have friends settled in their neighbourhood, and can be obtained
at prices varying from 8 shillings 9 pence to 25 shillings currency an
acre.
"_Blocks of Land._ The blocks or tracts lie entirely in that part of the
province situated to the westward of the head of Lake Ontario, and
contain lands which, for soil, climate, and powers of production, are
equal, and perhaps superior, to any on the continent of America. These
are worthy the attention of communities of emigrants, who from country,
relationship, religion, or any other bond, wish to settle together.
"The largest block of this kind in the Company's possession is the
township of Guelph, containing upwards of 40,000 acres, of which the
greater part has been already sold, and, in the space of a few years
only, a town has been established, containing churches, schools, stores,
taverns, and mills, and where there are mechanics of every kind, and a
society of a highly respectable description.
"_The Huron Territory_. This is a tract of the finest land in America,
through which the Canada Company have cut two roads of upwards of 100
miles in extent, of the best description of which a new country admits.
The population there is rapidly on the increase.
"The town of Goderich, at the mouth of the river Maitland, on Lake
Huron, is very flourishing, and contains several excellent stores, or
merchants' shops, in which any article usually required by a settler is
to be obtained on reasonable terms. There is a good school established,
which is well attended; a Church of England and a Presbyterian clergyman
are appointed there; and as the churches in Upper Canada are now
principally supported by the voluntary subscriptions of their respective
congregations, an inference may be drawn of the respectable character of
the inhabitants of this settlement and the neighbourhood. The town and
township of Goderich contain about 1,000 inhabitants; and since the
steam-boat, built by the Company for the accommodation of their
settlers, has commenced running between Goderich and Sandwich, a great
increase has taken place in the trade and prosperity of the settlement.
In this tract there are four good saw-mills, three grist-mills, and in
the neighbourhood of each will be found stores well supplied. And as the
tract contains a million acres, the greater portion of which is open for
sale, an emigrant or body of emigrants, however large, can have no
difficulty in selecting eligible situations, according to their
circumstances, however various they may be. The price of these lands is
from 11 shillings 3 pence to 15 shillings provincial currency, or about
from 11 shillings to 13 shillings 6 pence sterling per acre."
Emigrants wishing to communicate with the Company should address the
secretary, John Perry Esq., St. Helen's-place, Bishopsgate-street,
London, or the Company's agents at outports.
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