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Following Hudson’s expedition, British explorers continued to venture into the region in search of a passage to East Asia, though all met with failure. Nevertheless, these explorers noted the abundance of fur-bearing animals along the shores and rivers of Hudson Bay, setting the stage for commercial endeavors that would follow.
Business in the Hudson Bay
Inspired by the wealth of fur-bearing animals reported by the indigenous tribes, two French merchants sought investors for a trapping expedition. They found backing from Prince Rupert, which allowed them to return to Hudson Bay and capitalize on the lucrative fur trade.