[PDF] algonquin fur trade

The Algonquin tribes once established in the region were displaced by rival tribes seeking fur trade privileges, so that some of their descendants only  Questions liées à votre recherche
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  • Who made the first fur trade in Canada?

    The most important players in the early fur trade were Indigenous peoples and the French. The French gave European goods to Indigenous people in exchange for beaver pelts. The fur trade was the most important industry in New France. With the money they made from furs, the French sent settlers to Canada.

  • Who traded fur first?

    The first firms to participate in the fur trade were French, and under French rule the trade spread along the St. Lawrence and Ottawa Rivers, and down the Mississippi. In the seventeenth century, following the Dutch, the English developed a trade through Albany.

  • Who won the fur trade in Canada?

    The fierce competition ended in 1821 with the amalgamation of the companies into a Hudson's Bay Company monopoly. The Company finally surrendered its northwestern empire when it sold its land to Canada in 1869 following the decrease in profits and demand for furs.
  • They traded with Indigenous people for animal fur, mostly from beavers but from other animals, too. The Hudson's Bay Company, often called HBC, is one of the oldest companies in the world. It got its start trading furs in 1670. Others such as the North West Company followed, and so did bitter fights over furs.
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