In the picture above, Henry Hudson is seen trading treasures for fur so he and his crew could keep warm when they travelled the Arctic.
Henry Hudson contributed significantly to the fur trade. While he was on his first voyage, he sailed through a small bay of water and found some First Nations living there. He traded some treasure for coats made out of fur and made sure that when his first voyage was over he would tell the Muscovy Company about the small bay of water. That is exactly what he did. When his voyage ended, he went to the headquarters to tell them. After a few short months, many explorers went to that small bay to trade treasure for fur from the First Nations to keep them warm or to bring back to their country. Henry Hudson also founded another bay that would help the fur trade. This bay is today called the Hudson Bay in honour of him. Due to the route he travelled, explorers that came after him realized that the land surrounding the Hudson Bay was rich in fur. This resulted in boats going back to England with fur and the eventual establishment of the Hudson's Bay Company which built trading forts along the land surrounding Hudson's Bay .