B.C. Salmon Farmers Wait for the Regulatory Tide to Turn
SEAFOODNEWS.COM [Business Vancouver] By Nelson Bennett - July 1, 2015 -
B.C. salmon farms produce only 2.5% of the world’s farmed salmon, and the industry sees huge growth potential here. B.C. salmon farms produce 75,000 tonnes of salmon per year, compared with 1.2 million tonnes in Norway and 800,000 tonnes in Chile.
Thirty per cent of the salmon farmed in B.C. is consumed in Canada. Of the 60% exported, most goes to the U.S. Very little goes to Asia, despite a huge and growing demand there.
“The market’s there – we just don’t have the supply,” said BC Salmon Farmers Association executive director Jeremy Dunn.
The salmon farming sector in B.C. has not grown over the past decade, due to the moratorium on new tenures and more stringent biomass density regulations. Production at many farms has shrunk.
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