Furthermore,
Grieg seafood abandons aquaculture canada:
The company Grieg Seafood announces the sale of its activities in Canada. Nevertheless, northern Norway in Cermaq for $ 1.3 billion. For example, The transaction will be concluded when it has obtained the approval of the competition authorities in the two countries.
Grieg Seafood is a Norwegian company and Cermaq, a subsidiary of Mitsubishi, based in Oslo.
In British Columbia, Grieg Seafood employs 126 people and operates 11 fish farms as well as an installation of terrestrial fresh water. However, In Newfoundland and Labrador, the company has 110 employees.
Selon Steven Rafferty, CEO From Cermaq, this acquisition will allow them to triple their production on the west coast.
Grieg Seafood had announced this winter the interruption of its investments in British Columbia to rather grieg seafood abandons aquaculture canada concentrate its growth in Norway. However, in the economic context of uncertainty caused by the tariff war.
The stake of open enclosure aquaculture
This transaction occurs a year after the announcement of the. federal government concerning the end of salmon farming in net enclosure opened in British Columbia by 2029. In September 2024, Ottawa published a draft transition plan (new window).
By press release. the CEO de Cermaq said he was staying optimistic
what Le Bon Sènsale and this Aura Un A Apumoniculture in the French Source Manu Neuta.
In an interview. Steven Fleerty underlines that he still wants to find a solution
hope without which Cermaq would not have invested in this industry in grieg seafood abandons aquaculture canada Canada.
The question of open net aquaculture remains a controversial issue which divides several actors in the environment.
The First Nations alliance for the protection of wild salmon (First Nation Wild Salmon Alliance) is in favor. of the planned ban on salmon farming in open net enclosures by 2029.
It is as much of the Food Security of the First Nations of British Columbia. explains the regrouping, recalling the risks linked to aquacultures in open enclosure, such as the dissemination of pathogens with wild salmon.
A GRIEG SEAFOOD company farm.
Photo: provided by Grieg Seafood
For Daniel Pauly. professor at the Institute for Oceans and Fisheries at the University of British Columbia, the political influence of Mitsubishi, the mother company of Cermaq, could change the situation.
They will try to stay. they will try to win and they are more likely to do it because Mitsubishi is much more powerful. So, this is not something positive, this change
he said.
He adds that in his opinion. despite the perspective of economic stability presented by CERMAQ, the jobs of this industry can only decrease over time, given the arrival of artificial intelligence.
The Ministry of Innovation. Science and Economic Development Canada, redirected by that of peaches and oceans, has not been able to answer the questions sent.
With information from Corentin Mille-Magnan
Grieg seafood abandons aquaculture canada
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