How Did The Fur Trade Affect Canada

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In this essay I will going in depth with the fur trade and how it affected canada. The fur trade began as an adjunct to the fishing industry. Early in the 16th century fishermen from northwest Europe were taking rich catches of cod on the Grand Banks off Newfoundland and in the Gulf of St Lawrence (see History of Commercial Fisheries). Drying their fish onshore took several weeks, during which time good relations had to be maintained with Indigenous people, who were eager to obtain metal and cloth goods from the Europeans. What they had to offer in exchange were furs and fresh meat. The fishermen found an eager market in Europe for the furs and made high profits. West of the Rocky Mountains, American settlers succeeded where their predecessors, the mountain men and the ships' captains, had failed. As a result of the Oregon Treaty of 1846 the HBC retreated north of the 49th parallel of latitude. To the east, at Red River, the HBC met the challenge of free traders by charging Guillaume Sayer and three other Métis in 1849 with violation of the HBC monopoly. Although the company won a legal victory in the courtroom, the …show more content…

The King's Posts, a progression of posts north of the St Lawrence initially having a place with the French lord, had been conceded in 1822 to a Mr. Goudie of Québec City; and along the Ottawa River, ambling gave bases to rivalry to emerge. However the organization vivaciously sought after its rivals in all the wilderness zones, supporting its restraining infrastructure of the exchange Rupert's Land and in the authorized domains toward the north and west. Notwithstanding when, in the 1830s, silk supplanted felt as the favored crude material in the make of caps and beaver lost its incentive as a staple hide, the organization kept up a gainful exchange underlining extravagant hide. Rather, it was settlement, not business matches, that exhibited the greatest test to the

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