Under this agreement, de Caen was obliged to pay for the equipment of a vessel of two hundred to two hundred and fifty tons, and for the repatriation of the English subjects established in New France.  The forts and places occupied by the English were to be restored as they were before their capture, with all arms and ammunition, according to the detailed list which Champlain had given.  Burlamachi was authorized to pay for everything that was missing, and also to place Emery de Caen in possession of the ship Helene, which had been taken from him, together with all goods abandoned at Quebec during his voyage of 1631.  Burlamachi was also instructed to pay to Guillaume de Caen the sum of eighty-two thousand seven hundred pounds within two months.  The sum of sixty thousand six hundred and two pounds tournois was also to be paid by Burlamachi to whomever it might belong, for the vessels Gabriel of St. Gilles, Sainte-Anne, of Havre de Grace, Trinite, of Sables d’Olonne, St. Laurent, of St. Malo, and Cap du Ciel, of Calais, seized by the English after the signing of the Treaty of Suze.

After this was agreed to, the commissioners embodied in eight articles the conditions of free trade between the two countries.  The whole was signed by Wake, Bullion and Bouthillier, at St. Germain-en-Laye, on March 29th, 1632.

Thus terminated this quarrel between England and France, but it was only the precursor of a far more serious conflict which was to arise.  From time to time, however, these differences were adjusted temporarily by treaties, only to lead to further complications.  The principal difficulty arose regarding the boundaries of New France, the limits of which were not clearly defined in the treaty.  Some adjacent parts were claimed by the English as their territory.  The king of France had granted to the Hundred Associates “in all property, justice and seigniory, the fort and habitation of Quebec, together with the country of New France, or Canada, along the coasts ... coasting along the sea to the Arctic circle for latitude, and from the Island of Newfoundland for longitude, going to the west to the great lake called Mer Douce (Lake Huron), and farther within the lands and along the rivers which passed through them and emptied in the river called St. Lawrence, otherwise the great river of Canada, etc.”

Quebec was considered as the centre of these immense possessions of the king of France, and included the islands of Newfoundland, Cape Breton and St. John (Prince Edward).

The king of England had granted to Sir Thomas Gates and others, in 1606, three years after the date of de Monts’ letters patent, “this part of America commonly called Virginia, and the territories between the thirty-fourth and forty-fifth degrees of latitude, and the islands situated within a space of one hundred miles from the coasts of the said countries.”

In the year 1621, James I granted to Sir William Alexander, Count of Sterling, certain territory, which under the name of Nova Scotia was intended to comprise the present provinces of Nova Scotia, New Brunswick, the islands of St. John and Cape Breton, and the whole of Gaspesia.  Charles I granted to Sir William Alexander in the year 1625 another charter, which revoked the one of 1621.