December 18, 2020

Canada's plan to end salmon farming licences in Discovery Islands could affect 30% of Mowi's harvest

Canada has decided to phase out salmon farming licences in Discovery Islands, British Columbia, from June 30, 2022, Mowi said, referring to an press release.

The move would affect 30% or approximately 10-12k GWT of Mowi's total average annual harvest volumes in British Columbia in that year. However, 2021 harvest volumes will not be impacted, the company added.

In response to this development, Mowi will develop a mitigation plan and revised strategy for its operations in the region.

- Mowi