Investor
Grieg Seafood welcomes the salmon farming transition process in British Columbia, Canada
With the renewal of the salmon farming licenses in BC, Grieg Seafood looks forward to work with all levels of Government, including First Nations partners, to find a common path forward for a thriving industry in the Province.

Grieg Seafood BC Ltd.’s farming licenses are up for renewal by 30 June 2022. The Canadian Department of Fisheries and Oceans has announced that they will renew the licenses for 2 years, while developing a transition plan for the salmon farming industry in British Columbia. The plan, which is based on consultation with industry and other stakeholders, is expected to be completed in 2023.

Commenting on the development, Andreas Kvame, CEO of Grieg Seafood ASA said:

“We see the renewal of our licenses and the commitment to work together with us to develop a transition plan as a sign that Canada wants a thriving, sustainable salmon farming industry in British Columbia. Our industry is in continuous development with new technologies and innovations, and in Grieg Seafood we are committed to improvements that strengthen biological control and reduce interactions with wild salmon. We welcome the transition and look forward to be working with all levels of Government, including our First Nations partners, to find a stable, secure and common path forward in BC.”