© BC Salmon Farmers Association
Under Canada’s former government, the aquaculture sector faced significant uncertainty, resulting in a 45 percent decline in production. Yesterday’s Ministry announcement signals a positive step forward in Prime Minister Carney’s focus on driving economic development.
According to BC SFA, the salmon farming sector in British Columnbia "produces a vital, affordable, low-carbon protein source, contributing $1.17 billion in annual economic output, and supports 4,560 full-time jobs. Many of these jobs are in coastal communities on Vancouver Island and the Lower Mainland."
The farmers are calling on the new government for a revised policy direction developed in true partnership with Rights Holder First Nations. If clear indication is given that there is a future for salmon farming in BC, including revoking the ban on marine net pens by 2029, the sector says it is prepared to invest, innovate, and grow, while continuing to respect the lands and waters in which they operate.
According to the SFA, the sector has the potential to deliver $2.5 billion in annual economic output, $930 million in GDP and the creation of 9,000 jobs. They also further project that the industry could grow to $4.2 billion in annual economic output by 2040.
BC Salmon farmers said in their statement: "We look forward to working with Minister Thompson to build a future for sustainable salmon farming in BC that benefits all Canadians ".
