How did Pierre du gua de monts get monopoly?

Pierre du Gua de Monts received his monopoly over the fur trade in New France through a series of royal grants from King Henry IV of France. In 1603, he was given exclusive rights to trade in the region, which included areas along the St. Lawrence River. This monopoly allowed him to control the fur trade and establish trade relationships with Indigenous peoples, significantly impacting the French colonial economy. His efforts laid the groundwork for future French settlements in North America.