The Treaty of Paris in 1763 established peace after the Seven Years' War, which was fought between major European powers, including Britain, France, and Spain. This treaty marked the conclusion of a global conflict in which the British emerged as a dominant colonial power. The treaty's terms resulted in France ceding Canada and significant territorial claims in North America to Britain while Spain ceded Florida to Britain in exchange for the return of Havana. The Treaty of Paris reshaped colonial possessions in North America and laid the groundwork for future British expansion and tensions leading to the American Revolution.