Fish farm limbo – Cermaq Canada gets more time to decide on Nova Scotia fish farm expansion. Lobster fishers in limbo!

The firm is part of Cermaq Global, formerly a Norwegian state-controlled salmon producer purchased by Mitsubishi Corporation in 2014 for $1.4 billion, with operations in Norway, Chile, and British Columbia. The company is proposing a $500 million expansion to develop between 15 and 20 open-pen Atlantic salmon farm sites, four hatcheries and two processing plants and needs a minimum annual production of 20,000 metric tonnes of fish. That’s an amount that, according to provincial and federal data, would increase the number of salmon farms in this province from eight to 28 and would more than double the current levels of production. >click to read< 11:15

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