Hi john et al (Lana Popham, Andrew Weaver, Adam Olsen, Sonia Furstenau, Elizabeth May, Dominic LeBlanc):
Just in is that China is moving to get its in-water fish farms on land, for environmental reasons. That, along with the four new on-land plants in the USA - Atlantic Sapphire being twice the size of BC’s industry, with the other three almost the same size again - the reality is that the BC market is severely compromised until it also gets on land: https://www.seafoodsource.com/features/costs-mounting-from-china-s-aquaculture-clean-up-program.
USA used to be 85% of the BC market, and it has been trying to develop Asian markets to keep itself afloat; however, with this new news, they are in real danger of collapsing, as China moves to supply Asia.
Just so that you know, in addition to this, Norway sold its farmed fish into the USA last year, deliberately beggaring their own operations in BC – Norway had lice and dumped a young harvest that was destined to be eaten alive – just after the USA eliminated a 26% dumping duty on Norwegian salmon. Note that this means that Marine Harvest, Cermaq and Grieg Seafood deliberately value BC jobs less than they do Norwegian jobs, and less than profits, and those leave BC for Norway.
It is time to close those Broughton Archipelago tenures.
If you want to know more, let me know. I follow global fish farming on a daily basis in almost 20 countries.