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Its services are used by both large fur farms and small-time trappers. Its auctions are held three to four times a year in Toronto. It is the largest fur auction house in North America, and the second largest in the world. [1] In its May 2008 auction, NAFA handled nearly 3.5 million pelts.
Modern fur trapping and trading in North America is part of a wider $15 billion global fur industry where wild animal pelts make up only 15 percent of total fur output. In 2008, the global recession hit the fur industry and trappers especially hard with greatly depressed fur prices thanks to a drop in the sale of expensive fur coats and hats ...
By the early 19th century, several companies established strings of fur trading posts and forts across North America. As well, the North-West Mounted Police established local headquarters at various points such as Calgary where the HBC soon set up a store.
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Eventually, traders began using various foreign coins as stores of value. In order to trade with Indigenous peoples, the HBC standardized the unit of account as the made beaver, or one high quality beaver skin. In 1795, a made beaver could buy eight knives, one kettle, or a gun could be purchased with 10 made beaver pelts. [2]
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When the fur trade failed to establish, the beavers became problematic and the two governments agreed to intervene to eradicate them. [4] [5] A June 2011 NPR report stated that the beavers have caused millions of dollars of damage. [6] According to Nature, it is the largest eradication project ever attempted. [7]
Beaver Area 34, Avonworth 14. Aliquippa 29, Ambridge 0. North Hills 10, Central Valley 7. New Castle 50, Blackhawk 14. Mohawk 23, Riverside 12. South Side 14, Rochester 12. Western Beaver 42 ...