The Treaty of Paris, signed in 1763, marked the end of the Seven Years War and fundamentally reshaped colonial territories. The treaty had significant implications for European powers' colonial holdings, with France ceding Canada and territories east of the Mississippi River to Great Britain, while Spain relinquished Florida but received Louisiana from France. This realignment increased British dominance in North America, setting the stage for future colonial tensions. The treaty also escalated the financial burdens on the British Empire, leading to increased taxation of American colonies, ultimately sowing the seeds of discontent that would culminate in the American Revolution.