Tag Archives: offshore lobster

Nova Scotia Supreme Court approves sale of Clearwater Seafoods

It is the final step in a deal described as “the single largest investment in the seafood industry by any Indigenous group in Canada.” On Thursday, shareholders voted in favour of the sale to a partnership of Premium Brands of British Columbia and a coalition of Mi’kmaw First Nations led by the Membertou band of Nova Scotia and the Miawpukek in Newfoundland and Labrador. Court approval for the mega deal took 20 minutes. >click to read< 18:40