John Galt founds the town of Guelph

Background. The Canada Company, a private British land development company, was established to aid in the colonization of Upper Canada. John Galt, a Scottish novelist, served as its first superintendent, with his superintendency running from 1826 to 1829. His role involved helping to colonize the region, specifically the Huron Tract. Galt traveled to Canada after the company's incorporation by royal charter in August 1826, setting up his headquarters in the newly founded town of Guelph.

Founding of Guelph. Guelph was established in the 1820s by John Galt, who based his headquarters and home in the community. The founding was symbolized by the felling of a tree by Galt and William 'Tiger' Dunlop on April 23, 1827. The Canada Company directors initially wanted the city to be named Goderich, but reluctantly accepted the name Guelph. Galt constructed 'The Priory' in 1827–1828 to house early settlers and the Canada Company office.

Early Development. By the fall of 1827, 70 houses had been built in Guelph, though some were primitive. The first Guelph Farmers' Market was built in 1827, located in the downtown area. James Hodgert's brewery was also founded in 1827. The first Board of Commerce started in 1827 to stimulate economic growth. The Canada Company also built the first grist mill, eliminating the need for farmers to take their grain to Galt or Dundas for grinding; the source does not state its construction year, recording only its sale to William Allen in 1832.