The Business of Fur
The trade for fur was the reason HBC was established. From the outset, this trade was based on the need to satisfy two very different sets of customers: the First Nations, who traded prime pelts in exchange for a number of trade goods, and the European merchants who bought the pelts at auction in order to manufacture them into hats. This exhibit focuses on the second half of the business. Although HBC is no longer involved in the fur trade, the business of fur is still a major contributor to the Canadian economy today.