a Montreal-based fur company formed in 1798 by disaffected Northwesters and absorbed by the North West Company in 1804, so called because its packs were labelled XY to keep them distinct from those of its competitor, which were marked N.W.
See also: X.Y. Company
- 1798  (1957)  In the course of the day we passed the mouth of the River Rouche [Rouge], where the Americans are building some ships of burden, in order to engage in the North West trade, in conjunction with some English merchants, under the name of the New N.W. Company.
- 1947  . . . the break in 1799 between Sir Alexander Mackenzie on the one hand and Simon McTavish and William McGillivray on the other--a break that resulted in Mackenzie leaving the North West Company and later reorganizing the New North West Company.