Local oral history tells of an early (possibly late 1700s) North West Company fur trading post south of Holmes Crossing (an early ferry crossing) on the Athabasca River. In 1821, the North West Company was merged with Hudson's Bay Company (HBC), who then undertook to reorganize its transportation routes, seeking out advantages and efficiencies in its operations. By then, trade on Lesser Slave Lake was in decline and the council adopted a resolution in 1823 calling for a fort further up the Athabasca River to reduce transport times. Under the new plan, Fort Assiniboine on the Athabasca River (the fort was originally named 'Athabaska River House' ) became the northwest end of an overland horse track to Edmonton House/Fort Edmonton, cut by Jacques Cardinal, a Métis free trader, in 1824-25. The trail became known as 'The Hudson Bay Packtrail'.This provided a straighter route from Jasper House and the Athabasca Pass within the Rocky Mountains to York Factory on Hudson Bay. A party on horseback could make the trip from Edmonton to Fort Assiniboine in two to six days, depending on conditions. The new post opened in 1824.