The Fur Trade and Western Canadian Society, 1670-1870 It has been claimed that Canada exists in its present form because of the early fur trade. So dominant was the fur trade that it was to set the tone for the nation and region’s economic and social development. In his 1987 article on the fur trade in early Western Canada, Frits Pannekoek explores the economic, social and transportation patterns which emerged from two rival fur trade traditions, the Hudson’s Bay Company and the North West Company. His article further investigates the Native people and their role with the trade and also the impact of the Métis, a new people that was created by the trade. Pannekoek does an adequate job in including all the elements of the early fur trade in...The end:
.....hich was ubiquitous in region for nearly two hundred years. Conclusion Opposing the trade, the Roman Catholic Church, in its arrival in 1818 lobbied against its abolishment and for the replacement with agriculture (Pannekoek 21). The end of the fur trade was further instigated by the replacement of the beaver hat with silk (Pannekoek 22). Finally, when the Hudson’s Bay Company was acquired by the International Financial Association in 1862, which had heavy interests in settlement and railroad and telegraph development, it marked the end of the economic and social system that was associated with the fur trade. References Pannekoek, Frits. The Fur Trade and Western Canadian Society 1670-1870. Ottawa: The Canadian Historical Association, 1987.