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The Five Phases of The Fur Trade
The Five Phases of The Fur Trade
The Five Phases of The Fur Trade
Competition shaped the people, the relationships, the roles and peoples
movement. This happened in phases as the trade developed across Canada.
The North West Company traders took over the French trade network running the
St. Lawrence River and Great Lake. This but pressure on the Fur Trade from the
east and the north (HBC) and pushed the fur trade further to the West.
New France became a British Colony in 1763. The Fur Trade faced an economic
shift when the British began to establish more settlement and less trapping.
A trade in pemmican developed and helped secure the lines of trade
Territorial expansion occurred in the west and so did the movement of people.
Communities of business and trade occurred.
The Métis people develop a distinct culture at Red River. They were key to the fur
trade as interpreters, guides, traders, provisionary and carters.
Missionaries established contact with First Nations in the West.
The HBC and NWC merged in 1821 under the name of HBC.
The HBC began to lose control of the monopoly when independent Métis Traders
challenged the HBC for economic control using the fear of the America to force
its hand. This lead to a decline of the Fur Trade in the west. The buffalo began to
disappear, beaver became scares and European demands for fur began to decline.
The new challenge for this young nation was now, what type of challenges would
the First Nations, Europeans and Métis face trying to co-existence.