North American Fur Auctions facts for kids
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The North American Fur Auctions (NAFA) is a company in Canada. It helps sell animal furs from Canada and the United States. NAFA holds special sales called auctions. At these auctions, they sell furs that people have sent to them (this is called selling "on consignment").
Both large fur farms and smaller trappers use NAFA's services. Their auctions happen three to four times a year in Toronto, Canada. NAFA is the biggest fur auction house in North America. It is also the second largest in the world.
In May 2008, NAFA handled almost 3.5 million furs. These came from many different animals. Some of these animals included otter, sable, beaver, raccoon, coyote, red fox, grey fox, lynx, bobcat, fisher, muskrat, mink, silver fox, badger, skunk, opossum, squirrel, ermine, timber wolf, wolverine, and black bear.
A Bit of History
NAFA took over the fur auction businesses of the Hudson's Bay Company. This happened in 1987 for the Canadian part and in 1989 for the U.S. part. In 2019, NAFA faced financial challenges. They had to seek special help to manage their business and reorganize.
Sharing Information
NAFA is a founding member of the North American Fur Industry Communications group (NAFIC). This group started in 2013. Its goal is to share information and educate the public about the fur industry in Canada and the USA. NAFIC shares this information online using the name "Truth About Fur."
