On the Waterfront – April 2017
Ottawa Creates $325-Million Atlantic Fisheries Fund
The federal government has announced an investment of $325 million to create an Atlantic Fisheries Fund aimed at benefiting the fishery in all four Atlantic Provinces.
The Fund is aimed at stimulating innovation, with a focus on growing opportunities and increasing their value to meet market demands for sustainably sourced, high quality fish and seafood products.
Judy Foote, Minister of Public Services and Procurement Canada said, in ...
Norway Company to Purchase Gray Aqua Assets
Marine Harvest recently announced that it has been nominated by the receiver of all the assets owned by the Gray Aqua Group of Companies, to purchase the company.
The acquisition price on a cash and debt free basis is $15 million (CAD). The Gray Aqua Group of Companies is based on the East Coast of Canada and is currently in receivership. The acquisition is important from a strategic point of view, as it further broadens Marine Harvest's global farming footprint in a country where we are ...
NAIA Congratulates Gray Aqua On Largest Harvest
The Newfoundland and Labrador Aquaculture Industry Association (NAIA) would like to extend sincere congratulations to Gray Aqua Group for their anticipated largest harvest since operating in the province.
Today, July 15, Gray Aqua will commence its largest harvest to date since operating in Newfoundland and Labrador. This year’s harvest will commence with more than 2 million kilograms of Atlantic salmon from their Indian Tea Point farm site in Facheau Bay to be processed at their plant in ...