companies competed fiercely over trade in the area. The Métis and Lord Selkirk's settlers fought at the Battle of Seven Oaks in 1816. In 1821, the Hudson's Bay and North West Companies merged, ending their long-standing rivalry. Fort Gibraltar, at the site of present-day Winnipeg, was renamed Fort Garry in 1822 and became the leading post in the region for the Hudson’s Bay Company. The fort was destroyed by a flood in 1826 and was not rebuilt until 1835. The fort was the residence of the Governor of the company for many years. A rebuilt section of the fort, consisting of the front gate and a section of the wall, can be found near the modern-day corner of Main Street and Broadway Avenue in downtown Winnipeg.
In 1869–70, Winnipeg was the site of the Red River Rebellion, a conflict between the local provisional government of Métis, led by Louis Riel, and newcomers from eastern Canada. General Garnet Wolseley was sent to put down the Métis rebellion. As a consequence of this rebellion, the Manitoba Act of 1870 paved the way for Manitoba's entry into the Canadian Confederation as Canada's fifth province. On 8 November 1873, Winnipeg was incorporated as a city. Manitoba and Northwest Territories legislator James McKay named the settlement.
Winnipeg developed rapidly after the coming of the Canadian Pacific Railway in 1881;Canada was eager to settle the west before American interests and railways interfered. TheManitoba Legislative Building, constructed mainly of Tyndall Stone, opened in 1920; its dome supports a bronze statue finished in gold leaf, titled "Eternal Youth and the Spirit of Enterprise" (commonly known as the "Golden Boy"). Many new lots of land were sold and prices increased quickly due to high demand. Winnipeg faced financial difficulty when the Panama Canal opened in 1914. The canal reduced reliance on Canada's rail system for international trade; the real estate market slowed down, and the increase in shipping traffic helped
