Voyageurs
Europeans mainly traded alongside the coast of North America with Native Americans. The early fur trade with Native Americans, which developed alongside the coasts of North America, was not limited to the beaver. Beavers were not particularly valued and people preferred "fancy fur" or "fur that is used with or on the pelt. The fur trade was viewed as secondary to fishing during this era.
The earliest North American fur trading did not include long distance transportation of the furs after they were obtained by trade with the First Nations; it started with trading near settlements or along the coast or waterways accessible by ship. Soon, coureurs des bois achieved business advantages by travelling deeper into the wilderness and trading there. By 1681, the King of France decided to control the traders by publishing an edict that banned fur and pelt trading in New France.
Technological and industrial history of Canada
It is ironic that a phenomenon as fickle as fashion would be responsible for the economic development and exploration of half a continent, but such was the case with the fur trade in North America between 1650 and 1850. The subject of bitter rivalry between the British and French Empires and inter-corporate rivalry among a number of business organizations, notably the Hudson's Bay Company and the North West Company, the technology of the trade was the picture of simplicity. Traders, be they French or British, would set out in birch bark canoes loaded with trade goods (knives, axe heads, cloth blankets, alcohol, firearms and other items) and travel west along Canada's numerous rivers, streams and lakes in search of Indians and exchange these items for beaver skins. The skins came from animals trapped by the native peoples and worn as clothing during the long cold Canadian winter. The skins were worn with the fur side next to the skin, and by the spring the long hairs would be worn away, leaving the short hairs which were used to make felt. The skins were then carried by the traders in their canoes back to trading posts in Montreal or on Hudson Bay and transported by sailing ship to England or France. There they were processed by a technique involving mercury, and the felt that resulted from the treatment was used to make beaver hats. This coincidentally gave rise to the associated phenomenon of the mad hatter. A combination of diminishing beaver stocks and a change in fashion that saw a decline in the popularity of the beaver hat put an end to the trade.