North American Fur Auctions
North American Fur Auctions (commonly known as NAFA) is a Canadian company that auctions on consignment fur pelts harvested in Canada and the United States. 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. Animal types 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.
NAFA is the successor to the Hudson's Bay Company's Canadian and U.S. fur auction businesses, which were spun off in 1987 and 1989, respectively. In 2019, NAFA filed for creditor protection (CCAA).[2][3]
Communications
NAFA is a founding member of the North American Fur Industry Communications group (NAFIC),[4] established in 2013 as a cooperative public educational program for the fur industry in Canada and the USA. NAFIC disseminates information via the Internet under the brand name “Truth About Fur”.
References
- Hubbuch, Chris. "Finnish auction house takes over Wisconsin mink trading hub". Wisconsin State Farmer. Retrieved 2021-04-06.
- Government of Canada, Innovation (2019-10-31). "CCAA Records North American Fur Auctions Inc., North American Fur Producers Inc., NAFA Properties Inc., NAFA Properties (US) Inc., 3306319 Nova Scotia Limited, NAFA Properties Stoughton LLC, North American Fur Auctions (US) Inc., NAFPRO LLC (Wisconsin LLC), NAFA Europe Co-Operatief UA, NAFA Europe B.V., Daikoku SP.Z OO, and NAFA Polska SP.Z OO". www.ic.gc.ca. Retrieved 2020-05-31.
- "North American Fur Auction In Peril". The Fur Bearers. The Association for the Protection of Fur-Bearing Animals. 2019-11-07. Archived from the original on 2020-05-31. Retrieved 2020-05-31.
- North American Fur Industry Communications group (NAFIC).