The fur trade was not just an industry in early
Canada, it was also important for exploration and mapping. If you have an ancestor that worked in the fur trade, there is lots of information about it on the internet. Some farmers took fur trapping jobs in the winter to make extra money to buy more land.
The Voyageurs were the canoe traveling workers for fur trading companies. The Coureurs de
Bois were unlicensed, independents. The fur trade was global – while Canada and
the US were trading to Europe, Russia was trading furs to China and Islamic
regions of Asia. Besides the well-known Hudson’s Bay Company, North West
Company, and American Fur Company, there were also the Russian-American Company
and the New Netherlands Company.
The trading companies soon realized they
needed a Standard of value for furs, and it worked most of the time, not
always. When people think of the fur
trade they think of beaver, but there were many other species including otter,
sable, deer, bear, skunk, wolves, foxes and hares.
A prime beaver pelt was called a
"made beaver" - a pelt which had already been worn for at least one
season and from which most of the long outer hair had worn off. The greasy
beaver wool was easily shaved from the skin by felters, and turned into the
finest felt for making hats.
The prices of all trade goods were set
in values of Made Beaver (MB) with other animal pelts, such as squirrel, otter
and moose quoted in their MB (made beaver) equivalents. For example, 2 otter pelts
might equal 1 MB.
There are many digitized books on the Fur Trade in North
America – you can search google fur trade (also try + ancestors name) and
choose Books from the google menu. Also
try searching at archive.org. I am providing a few links that have names of
people involved in the fur trade.
Relevant Links: