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The natural resource that most attracted European traders to Canada was fur, particularly beaver pelts. The demand for fur in Europe, driven by fashion and luxury, spurred extensive trading networks and led to the establishment of fur trading companies, such as the Hudson's Bay Company. This lucrative trade not only brought European settlers to Canada but also significantly impacted Indigenous communities and their economies. Over time, other resources like timber and fish also became important, but fur was the initial draw.

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