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Company of One Hundred Associates

The Company of New France, or Company of One Hundred Associates (Compagnie des Cent-Associés) as it was more commonly known, was formed in France in 1627. Its purpose was to increase New France’s population while enjoying a monopoly on almost all colonial trade. It took bold steps but suffered many setbacks. The company folded in 1663. It earned little return on its investment, though it helped establish New France as a viable colony.