Tag Archives: St. Anthony Seafoods

SEA-NL on foreign investment

Seaward Enterprises Association of Newfoundland and Labrador (SEA-NL) says a provincial government review of foreign investment in the fish processing sector misses the boat entirely in terms of addressing the extent of foreign control and corporate concentration. “The report certainly has nice pictures,” says Ryan Cleary, SEA-NL’s Executive Director. “Beyond that the takeaway about foreign control and corporate concentration in the fishing industry is that Minister Derrick Bragg missed his calling as a window-dresser.” The report of foreign investment in the processing sector comes more than two years after the province approved Royal Greenland’s takeover of Quinlan Brothers and St. Anthony Seafoods in September 2020 upon recommendation of the Fish Processing Licensing Board earlier that month. >click to read< 10:11

Royal Greenland buying 4 more N.L. fish plants – FFAW raising red flag over corporate concentration and foreign ownership

A Crown corporation owned by the Greenland government is set to become the largest fish processor in Newfoundland and Labrador, dramatically changing the landscape of the province’s fish-processing industry. In a deal recommended by the Fish Processing Licensing Board and approved by Fisheries Minister Elvis Loveless, Royal Greenland is taking controlling interests in Quinlan Brothers fish plants in Old Perlican, Bay de Verde and Baie Verte. Royal Greenland subsidiary Quin-Sea Fisheries will take over valuable crab, shrimp and other processing licences owned by Quinlan Brothers. Royal Greenland is also taking a controlling interest in St. Anthony Seafoods in a partnership with Clearwater Seafoods. >click to read< 17:29

St. Anthony Seafoods becomes seven-month operation for first time in its history, Employees are worried

For the first time since the plant went into operation in 1999, St. Anthony Seafoods will not be running year-round. With uncommon layoffs and rumours about even more future cuts to shrimp quotas, plant worker Trudy Byrne says it’s a particularly stressful time. “This year even our engineers got laid off. We went from a year-round facility to a seven-month facility,” she said. Byrne has worked for the plant since its dawning days and says there is worry across the board about the future of both the shrimp fishery and the shrimp plant. >click to read< 18:19