Economic Organization

A. Fur Trade

Just as First Nations had always adapted their lifestyles to accommodate nature’s changes – the seasons, migrating animals, climatic variations – so they adapted their ways to take advantage of the European visits. 

beaver hatsA profitable sideline soon arose during the occasional encounters between fishers and the First Nations and MΓ©tis.  While on their annual summer fishing trips, visiting Europeans traded with the First Nations, taking home furs that met a growing demand in Europe.  Beaver pelt hats were a status symbol in Europe during the sixteenth and seventeenth centuries.

This early trade was relatively simple and beneficial to both parties.  First Nations and MΓ©tis brought furs and the Europeans brought other trade goods.