XY Company (1797-1804) - A Canadian fur trading company established in 1797 after the founders split with Simon McTavish of the North West Company (NWC). In 1802, Alexander Mackenzie gained control of the XY Company. Simon McTavish died in 1804 and the XY Company rejoined the North West Company.
The XY Company (New North West Company), grew out of conflicts between Simon McTavish and NWC winterers, following the company's reorganization in 1795.
In 1802, Alexander Mackenzie gained control of the XY Company. Simon McTavish died in July 1804 removing the personal hostilities and disaffection between the NWC and the XY Company. On 5 Nov 1804 the two companies reached an agreement creating a combined company. The new company retained the North West Company name and issued 100 shares, 75 for the old North West Company partners and 25 shares by the former XYC partners. Alexander Mackenzie was excluded from the deal.