New Player in Town
Ontario Teacher’s Pension Plan Enters North American Shellfish Industry With Purchase of P.E.I’s Largest Mussel Producer
There is a new player in the Atlantic Canadian aquaculture industry — and it’s a big one.
On November 17, the Ontario Teacher’s Pension Plan (OTPP) announced that it had purchased Atlantic Aqua Farms, the largest mussel producer on Prince Edward Island and one of the largest in North America.
OTPP was founded in 1990 to manage the defined pension ...
Ocean Farming in 3-D
Former Newfoundlander Making Eco-Friendly Waves in the U.S.
Bren Smith would love to see his 3-D ocean farm model set up around the coasts of Newfoundland and Labrador.
It would be one piece of the puzzle in solving the province’s current economic problems, he says, and offset the decline in key commercial fishing stocks such as crab and shrimp, and the northern cod moratorium.
In fact, Smith’s vision of the future fisherman is one not chasing fish at all, but farming it.
“That ...
P.E.I. Mussel Industry Back to Full Production After Record Winter
The PEI mussel industry is once again back on the water and able to supply their famous mussels after an unprecedented winter on Prince Edward Island.
This past winter, however, brought record snowfalls to Prince Edward Island with over 18 feet (551 cm) being accumulated in some areas. The weight of this snowfall affected the ice conditions and made harvesting extremely difficult.
“Ensuring the safety of our farmers and employees was first and foremost as ice conditions were constantly ...
