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July 3, 2018

Marine Harvest completes the acquisition of Northern Harvest

By Jason Smith July 3, 2018 22:50 BST Marine Harvest has officially completed the acquisition of Canadian salmon farmer Northern Harvest Sea Farms, despite initial fears that competition regulators would raise concerns. Norway’s Marine Harvest closed the deal, first reported by Undercurrent News and announced in December 2017, effective July 3, the company said in a securities filing. Last month, Marine Harvest, the world’s largest salmon farmer, received a “no-action letter” from Canada’s Competition Bureau, paving the way for a sale.…

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May 8, 2018

Atlantic Canada a global leader in aquaculture

The Atlantic Canada Fish Farmers Association says Atlantic Canada is a global leader in salmon farming, contributing $400 million directly to the regional economy. SUSAN FARQUHARSON Published May 31, 2018 – 8:24pm  I am a committed conservationist and, as such, a staunch supporter of salmon farming. And yes, those two stances can absolutely co-exist — and do, much more often than some would think if they rely only on media headlines to get their information about…

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April 25, 2018

Benefits to Canadians

A sustainably managed aquaculture industry revitalizes coastal and rural communities while supplying nutritious seafood year-round. Aquaculture in Canada today: Generates $5.16 billion in economic activity Employs over 25,000 Canadians Occurs in every province and the Yukon Provides 1/3 of the total value of Canada’s fisheries production Aquaculture contributes to the economies of all Canadian provinces – as well as in the Yukon. Across the country, aquaculture generates $5.16 billion in economic activity and creates over…

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