Paper Summary:

This paper discusses the impact of the fur trade on native people. The paper presents the argument that the fur trade, especially in the early years was driven by the Natives and the impact this had on the economy of Canada. It suggests that they were smart business people with a strong ability to discern quality and trading abilities.

From the Paper:

"The Nature and Impact of the Fur Trade The development of Canada is very different from the development of many other industrial countries. This is because Canada has what is traditionally known as a `staples economy'. In Globalization and Canadian Economic and Industrial Strategy James M. Gillies says, They pointed out that Canada's economic development could all be explained by the overwhelming abundance in Canada of `staple products' which they defined as bulky, semi-processed, natural commodities with a high-weight-to-volume ratio, which were produced for export (Gillies 187). This meant that much of Canada's development was based on the extraction or harvesting of natural resources such as fish, fur and timber."

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