News
20.06.2024
Cermaq Canada reviewing details of the Minister of Fisheries June 19, 2024 announcement on the 5 year reissuance of licenses and the future of Aquaculture in British Columbia
The details of this new, previously uncommunicated policy put forward today will require an extensive review internally and with the First Nations with whom we have agreements.
CAMPBELL RIVER, BC—Today we received the reissuance of our aquaculture licenses for a 5 year term and additionally learned of a new and surprising government policy supporting closure of open net pen salmon aquaculture in British Columbia, by 2029. The details of this new, previously uncommunicated policy put forward today will require an extensive review internally and with the First Nations with whom we have agreements. The draft Transition Plan will also be released on July 31, 2024.
It has been a challenging number of years for our employees, our coastal communities, and the First Nations with whom we work. The future of our company in BC will be shaped by a responsible, practical, and realistic Transition Plan. We remain committed to engaging in any policy or processes that works towards a collaborative and positive pathway forward.
About Cermaq Canada
Cermaq Canada is located on Vancouver Island, British Columbia, Canada. Our farms sustainably raise healthy, nutritious salmon to feed the world, reducing pressure on declining wild salmon populations. We operate under a robust protocol agreement with the Ahousaht First Nation, and offer year-round, well-paid employment to rural coastal communities across Vancouver Island. Salmon farming has the lowest carbon footprint of all protein farming, and consistently ranks high when it comes to global sustainability. Cermaq has operations in Canada, Chile and Norway.
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media@cermaq.com
