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Nov 6 - Premium Brands Posts Record Q3 as Clearwater Volumes Fall 9%


Nov 5 - Canada Extends China Market-Access Pact for Canola Meal, Peas, Lobster and Crab to 2028


Nov 5 - Canadian Seafood Farmers Welcome Food Security Designation in National Security Plan


Nov 5 - Alaska Crab Takes Center Stage for the Holiday Season. Norway Sets Up for Bigger 2027


Nov 4 - Canada Looks to Expand Seafood Exports Globally, Targets 50% Growth in China by 2030


Oct 27 - Prince Rupert Man Fined $7,500 for Illegal Possession of 10 Endangered Northern Abalone


Oct 23 - Canadian Seafood Farmers Names 2026-2027 Executive Committee, Chaired by Cooke's Joel Richardson


Oct 19 - Canadian Salmon Farmers Say 80% of Feed Is Non-Fish in Early Sustainability Data


Oct 9 - BCSFA Says New Report Confirms Salmon Farms Don’t Drive Sea Lice Levels in Wild Salmon


Oct 8 - Loblaw Recalls SeaQuest, President's Choice Shrimp Cocktail Products Over Undeclared Mustard


Oct 8 - Thai Express: 2025 Lobster LTO 'Sold Through Faster Than Anticipated,' Paving Way for Calamari


Oct 7 - Hodges: Fall Crab Supply Improves. Buyers Remain Selective


Oct 2 - Canadian Aquaculture Alliance Rebrands as Canadian Seafood Farmers


Sep 30 - Atlantic Economic Panel Calls for Seafood Sector to Anchor $100 Billion Natural Resource Push by '35


Sep 30 - South Korea Overtakes US in Crab Imports


Sep 29 - North American Bluefin Tuna Increased Sharply in August at Toyosu Market


Sep 28 - Canadian Food Manufacturers Face Rising Trade and Demand Pressures


Sep 24 - Thai Express Bets on Calamari as Canada's Next Premium QSR Protein


Sep 23 - Canada’s Ocean Supercluster Announces Largest Aquaculture Project to Date Totaling CAD 51M


Sep 23 - CFIA Recalls R.J. King Fisheries, Moncton Fish Market Frozen Lobster Meat Over Staph Contamination


Sep 21 - Report: Salmon Farming Could Lift Atlantic Canada's GDP by 1% by 2035


Sep 17 - Province Proclaims Aquaculture Week in Newfoundland and Labrador


Sep 9 - HF Foods Closes $35M Acquisition of Canadian Seafood Distributor Searay


Sep 8 - Murray Pushes Bill to End Trade War With Canada, Criticizes Trump As She Tours Home State of WA


Sep 8 - Hodges: Crab Inventory Is Committed. Demand Is Not.


Sep 2 - Marine Stewardship Council Launches New Sustainable Seafood Awards for Canada and US


Aug 28 - Canada Commits $53M to Build Three New Pacific Salmon Hatcheries in British Columbia


Aug 27 - Canada Pulls Seafood From Counter-Tariff List After Industry Pushback


Aug 26 - Kim Phat Seafood Medley Recalled in Canada Over Undeclared Allergens


Aug 26 - Canada Targets US Lobster, Salmon, Pollock With 25% Counter-Tariffs


Aug 24 - BC Fisheries Fund Puts $106.5M Behind Innovation, Market Growth


Aug 20 - 86-Year-Old New Brunswick Seafood Co-op Seeks Creditor Protection With Nearly CAD $25M in Debt


Aug 13 - Canada, US Shadow Chinese Snow Dragon Research Vessels in Alaskan Arctic


Aug 12 - Canada Offers $40,000 Buyout to Wild Oyster Harvesters as MSX, Dermo Spread Through Atlantic Stocks


Aug 11 - Les Hodges: The Market Has the Crab. Now It Needs the Buyers.


Aug 6 - Clearwater Scallop Shortfall Weighs on Premium Brands' Seafood Results as Parent Posts Record Q2


Aug 4 - Federal Investment Strengthens Small Craft Harbor Infrastructure in Newfoundland and Labrador


Jul 30 - Ocean Supercluster Backs $25M in Projects, Including First Seafood-Specific HPP System in Canada


Jul 29 - DFO Launches Tougher Transfer Enforcement, Public Consultations on Inshore Fishing Regulations


Jul 28 - High Liner Foods' Sea Cuisine Skillet Meals Hit Retail Shelves After SENA Debut


Jul 24 - HF Foods Expands into Canada with $35M Acquisition of Searay Foods


Jul 24 - DFO Seizes 18,000 Pounds of Illegal Halibut in Nova Scotia MPA, Issues Tickets in Separate BC Sweep


Jul 23 - Newfoundland and Labrador Seafood Sector Valued at C$2.11bn in 2025


Jul 22 - Canadian Seafood Not Targeted by Trump's New 50% US Tariffs


Jul 20 - Canada, Quebec Renew $50M Fisheries Fund with Market Diversification Focus


Jul 15 - DFO Enforcement Roundup: Snow Crab, Lobster, and Groundfish Violations Highlight Busy Start to July


Jul 15 - Study Backs Marine Conservation Farming as Tool for Atlantic Salmon Recovery


Jul 10 - FFAW Renews Push for Commercial Mackerel Reopening after DFO Maintains Closure


Jul 9 - NOAA Links Chinook Salmon Declines in Yukon River to Bering Sea Heatwaves


Jul 8 - Les Hodges: Market Access Becomes the New Measure of Value


Jul 7 - CFIA recalls Five Star Shellfish Oysters Over Salmonella Risk


Jul 7 - Canada Raises Mackerel, Southern Gulf Fall Herring Catch Limits


Jun 30 - Canada Reopens Northern Shrimp Fishery Off Newfoundland for First Time in Over a Decade


Jun 30 - Cooke to Take Over Mowi's Atlantic Canada Salmon Farms in $158 Million Deal


Jun 26 - Nova Scotia Launches 3-Year Seafood Strategy with Innovation, Market Expansion Push


Jun 22 - USMCA Is in Limbo. Here's What That Means for North American Seafood.


Jun 18 - Americold Opens New Cold Chain Hub at Port Saint John, Expanding Global Trade Connections


Jun 16 - Young Right Whale Entangled in Gulf of St. Lawrence as Rescue Efforts Begin


Jun 15 - Canada Boosts Newfoundland Northern Cod Quota 55% to 59,000 Tonnes


Jun 12 - Canada Launches Mission to Combat IUU Fishing in the North Pacific Ocean


Jun 11 - Commercial Sockeye Opening Kicks off 2026 Wild BC Salmon Season in Barkley Sound


Jun 10 - Canada Secures New Seafood Export Openings Across Five Global Markets


Jun 8 - Canadians Want Sustainable, Traceable Seafood as Ocean Concerns Grow


Jun 5 - NL and Seafood Industry Seeks Federal Support to Maintain Marine Atlantic's Essential Service Status


Jun 4 - Quinlan Sues Newfoundland Government Over 2024 Seizure of $500K Worth of Crab


Jun 3 - Canada Seafood Farmers Push for Aquaculture Growth in Next Agriculture Policy Framework


Jun 2 - Cermaq Consolidates Canadian Operations Into Single Entity Following $1B Grieg Integration


May 29 - Canada Invests $816 Million to Expand Coast Guard Maritime Security Role


May 28 - Nova Scotia's Clark's Harbour Seafood Expands From Live Lobster to Global Processing Operation


May 28 - Scientists Map Regional Differences in Chinook Salmon Diets


May 22 - Nova Scotia's LFA 33 Lobster Harvesters Gain Jonah Crab Bait Access in Policy Shift


May 21 - Canada Launches New Funding Call to Tackle Ghost Fishing Gear


May 18 - Moxies Rolls Out Limited‑Time Sushi Menu for Summer


May 18 - ArcelorMittal Fined Record $100M for Fisheries Act Violations in Quebec


May 12 - Canada to Invest $957.8 Million Over 5 Years in Small Craft Harbors Program


May 11 - Samjin Frozen Fish Cake Recalled Nationwide in Canada Over Undeclared Allergens


May 11 - The Compression Phase: Alaska Reclaims Strength as Global Crab Markets Diverge


May 5 - FFAW Welcomes Canada’s Renewed Investment in Small Craft Harbours


May 4 - BC Coastal First Nations Tell Ottawa to Reverse Trudeau-era Net Salmon Pen Ban


Apr 28 - Clearwater Seafoods Fined $150,000 Following Fatal Workplace Incident


Apr 24 - Canadian Fishermen Face Fuel Cost Surge Amid Start to Lobster, Snow Crab Seasons


Apr 23 - Canada Pushes Seafood Export Growth in Europe at Seafood Expo Global


Apr 22 - Northern Cod Enters MSC Sustainability Assessment After Decades-Long Recovery


Apr 17 - Record DFO Survey Highlights Deep Importance of Newfoundland and Labrador Food Fishery


Apr 17 - ASP and FFAW Reach Deal on Newfoundland Snow Crab Season After Price Dispute


Apr 17 - BC's Walcan Quinsam River Pink Salmon Fishery Becomes Province's Only MSC-Certified Salmon Operation


Apr 16 - ACFFA Opposes Funds to Atlantic Salmon Foundation in Canada’s New Force of Nature Plan


Apr 14 - Gulf Snow Crab Season Gets Underway as Newfoundland Harvesters Weigh Price Decision


Apr 14 - Access Determines Price: The Global Crab Market Tightens in 2026


Apr 13 - Supreme Court Halts NL Snow Crab Tie-Up; Sackton Warns of Market Risk


Apr 9 - Mersey Seafoods Acquires Nova Scotia's Comeau's Sea Foods


Apr 9 - Canada Commits $1.1 Billion to Renew Pacific Salmon Recovery Strategy


Apr 7 - Champagne China Visit Accelerates Trade Momentum with Canada's Seafood Sector in Prime Position


Apr 3 - Newfoundland Snow Crab Opens at CAD $5.30/lb as Pricing Dispute Threatens Season Start


Apr 3 - Northern Cod Stock Surges 20% in Single Year, Reaches 'Healthy Zone' Status


Apr 2 - FFAW Walks Out of Snow Crab Price Talks Days Before Season Start


Apr 2 - Quinlan Brothers Plans Fish Waste-to-Value Facility at Bay de Verde Operations


Apr 1 - High Liner Slashes 9% of North American Office Staff Amid Tariff, Input Cost Pressures


Apr 1 - Aquaculture IS Agriculture, Canadian Fish Farms Want Inclusion in the Next Policy Framework


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Premium Brands Posts Record Q3 as Clearwater Volumes Fall 9%

Clearwater Seafoods' loss before shareholder-related expenses narrowed sharply in the third quarter, helped by the absence of a large 2025 write-down. Clearwater's revenue from continuing operations was C$103.2 million ($73.2 million), down from C$106.9 million a year earlier.

Sales volumes fell 9.3% on normal volatility in catch rates and the timing of sales, partly offset by higher selling prices for most species. Its loss before shareholder-related expenses was C$1.4 million, against C$39.9 million in the third quarter...

Full Story »

Canada Extends China Market-Access Pact for Canola Meal, Peas, Lobster and Crab to 2028

Canada and China have agreed to a two-year extension of market access for Canadian canola meal, peas, lobster and crab, following talks at the Joint Economic and Trade Commission (JETC) meeting in Beijing.

Canada’s Minister of International Trade, Maninder Sidhu, met with China’s Minister of Commerce, Wang Wentao, to discuss bilateral trade and economic issues. According to an announcement following the meeting, the negotiations resulted in a pact extending market access for the four Canadian products...

Full Story »

Alaska Crab Takes Center Stage for the Holiday Season. Norway Sets Up for a Bigger 2027

All eyes turn to Alaska in November. As some vessels complete their Bristol Bay red king crab quotas and move on to Tanner crab, buyers have more domestic crab to work with for the holidays. The immediate question is how much consumers will buy at current prices. The next is how much inventory will carry into early 2027, when Norway’s larger quotas could bring additional king and snow crab to market...

Full Story »

Prince Rupert Man Fined $7,500 for Illegal Possession of 10 Endangered Northern Abalone

A Prince Rupert, B.C., man has been fined $7,500 after being convicted of illegally possessing 10 Northern Abalone, an endangered marine species protected under Canada’s Species at Risk Act (SARA).

Caylin James Holland was convicted on Aug. 5, 2026, following an investigation launched after Metlakatla Fishery Guardians alerted Fisheries and Oceans Canada (DFO) to suspected illegal harvesting in nearby waters on Sept. 8, 2025.

The Guardians, who work closely with DFO Conservation and Protection fishery officers, suspected Northern Abalone were...

 

Full Story »

Canadian Salmon Farmers Say 80% of Feed Is Non-Fish in Early Sustainability Data

Canadian Seafood Farmers has released early sustainability data showing that 80% of salmon feed in Canada comes from non-fish sources. The group also says 95% of the fish products used in that feed come from certified, sustainably managed fisheries.

The figures were released October 9 in advance of a full dataset due in November. The group, formerly the Canadian Aquaculture Industry Alliance, said the early release responds to recent news coverage of salmon feed ingredients...

Full Story »

Loblaw Recalls SeaQuest, President's Choice Shrimp Cocktail Products Over Undeclared Mustard

The Canadian Food Inspection Agency issued a national recall on October 6 for two shrimp cocktail products sold by Loblaw Companies, citing undeclared mustard — an allergen not listed on the label.

The affected products are President's Choice Black Tiger Shrimp with Mild Cocktail Sauce (568 g, UPC 0 60383 18048 5, best before October 6-7, 2026) and SeaQuest Shrimp Ring with Mild Cocktail Sauce (454 g, UPC 0 60383 18047 8, with best-before dates ranging from November 2026 through July 2027)...

Full Story »

Hodges: Fall Crab Supply Improves. Buyers Remain Selective

October’s National Seafood Month provides a timely opportunity to promote seafood and begin planning holiday purchases. For the crab industry, the fall outlook brings encouraging news from Alaska, limited uncommitted Canadian snow crab inventory, and continued growth in Norwegian snow crab shipments to the United States. The opportunity is there, but consumer response to current prices will determine how much additional business develops.

Alaska’s new allocations are a particularly positive development, led by a major increase in Bering Sea Tanner crab. The combined eastern and western allocations total 32.1 million pounds...

Full Story »

Atlantic Economic Panel Calls for Seafood Sector to Anchor $100 Billion Natural Resource Push by '35

A federal advisory panel is urging Ottawa and the four Atlantic provinces to treat fisheries and aquaculture as a core pillar of a decade-long economic transformation. The panel named oceans one of just three "opportunity" pillars — alongside natural resources and defense — in a new blueprint for Atlantic Canada's growth through 2035.

The Atlantic Economic Panel, chaired by Don Mills and commissioned with support from federal minister Sean Fraser, released its "Bolder Ambitions: Greater Prosperity for All" report identifying seafood... 

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North American Bluefin Tuna Increased Sharply in August at Toyosu Market

According to a report by the Minato Shimbun, Jiji Press data show that the volume of imported fresh tuna arriving at Tokyo's Toyosu Market in August totaled 3,261 fish, up 44.9% from the same month last year. While supplies of wild bluefin tuna and southern bluefin tuna rose steadily, bigeye tuna numbers declined. 

The total number of bluefin tuna reached 770 fish, up from 386 the previous year, effectively doubling. Amid a sharp drop in domestic wild catches, active procurement efforts—particularly from North America...

Full Story »

Thai Express Bets on Calamari as Canada's Next Premium QSR Protein

Thai Express, a Canadian quick-service chain, is betting on calamari with its latest menu item. The Montreal-founded chain has grown into one of the largest Thai restaurant concepts in Canada, with more than 300 locations worldwide.

The brand launched its first-ever Crunchy Calamari as it looks to bring a premium seafood item to more Canadians. The launch follows the company's lobster debut, which turned into one of its hottest limited-time offerings ever.

Thai Express said the success of last year's lobster launch showcased demand...

Full Story »

CFIA Recalls R.J. King Fisheries, Moncton Fish Market Frozen Lobster Meat Over Staph Contamination

Canada's food inspection agency has recalled multiple lots of frozen cooked lobster meat sold under the R.J. King Fisheries and Moncton Fish Market brands due to Staphylococcus aureus contamination, according to a notice published by the Canadian Food Inspection Agency (CFIA).

The recall covers R.J. King Fisheries Ltd. Frozen Cooked Lobster Meat CK in both 1-pound and 2-pound sizes, frozen on May 12, 15, 18, and 19, 2026, with best-before dates two years out. It also covers Moncton Fish Market Frozen Cooked Lobster...

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Province Proclaims Aquaculture Week in Newfoundland and Labrador

The Honourable Loyola O’Driscoll, Minister of Fisheries and Aquaculture, today joined Bradley George, executive director, Newfoundland and Labrador Aquaculture Industry Association (NAIA), to officially proclaim September 13-19, 2026, as Aquaculture Week in Newfoundland and Labrador.

Aquaculture Week is being held in conjunction with the 2026 Cold Harvest Conference, being co-hosted by NAIA and the Aquaculture Association of Canada, at the JAG Hotel in St. John’s, September 15-17, 2026.

The Newfoundland and Labrador aquaculture industry employs more than 500 workers directly...

Full Story »

Murray Pushes Bill to End Trade War With Canada, Criticizes Trump As She Tours Home State of WA

“Our maritime industry and our ports power the economy in Washington state—our fish and shellfish travel far on their own, but our fishermen and our ports are the reason they’re famous worldwide,” said Senator Murray last week in Bellingham, WA, during a tour of the western part of the state.  

“And this administration’s reckless and unpredictable tariffs have been nothing short of a disaster for them—driving up costs and making it impossible for any small business to plan...

Full Story »

Marine Stewardship Council Launches New Sustainable Seafood Awards for Canada and US

The Marine Stewardship Council (MSC) has announced the MSC Sustainable Seafood Awards, a new annual series recognizing Canadian and US companies and individuals who go above and beyond to protect the sustainability of seafood resources.

Applications and nominations are open through Oct. 31, 2026. Winners will be announced in January 2027, with an awards ceremony planned for Seafood Expo North America in March 2027.

MSC has established six award categories...

Full Story »

Canada Pulls Seafood From Counter-Tariff List After Industry Pushback

Canada's Department of Finance has reversed course on one of the more contentious elements of its retaliatory tariff package, removing fish and seafood products from its list of US goods facing counter-tariffs, less than 24 hours after the measures were announced.

The department said it made the adjustment based on feedback from Canadian industries, citing a commitment to continually assess the effectiveness of its counter-tariff measures, with a primary focus on sectors that have themselves been targeted by US tariffs. Seafood, notably, has not been...

Full Story »

Canada Targets US Lobster, Salmon, Pollock With 25% Counter-Tariffs

Canada will impose 25% counter-tariffs on American fish and seafood effective September 8, escalating a trade war that now threatens one of the world's most deeply integrated bilateral seafood supply chains.

The measures, announced August 25 by Prime Minister Mark Carney, cover roughly 700 US product lines at rates of 15%, 25% and 50% — a dollar-for-dollar response to US Section 338 tariffs of 50% that took effect August 19 on select Canadian imports after trade talks between the two countries collapsed. Fish and seafood fall...

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Canadian Seafood Farmers Welcome Food Security Designation in National Security Plan

Canadian Seafood Farmers welcomed the federal government’s recognition of food security as a Strategic Capability in its Plan for a Stronger Canada: National Security for Canadians, saying the designation could help support growth in domestic aquaculture production.

The plan commits to strengthening Canada’s food security through expanded domestic production, processing, and distribution capacity. The organization said the aquaculture sector could help meet those goals by increasing Canadian seafood production, supporting employment in coastal and rural communities, and reducing reliance...

Full Story »

Canada Looks to Expand Seafood Exports Globally, Targets 50% Growth in China by 2030

Canada is looking to boost its fish and seafood exports to China by 50% by 2030, with Fisheries Minister Joanne Thompson recently leading a delegation of Canadian industry representatives to Qingdao and Beijing to strengthen trade ties and expand market opportunities from Oct. 26-30.

The visit brought together representatives from across Canada’s seafood sector to promote the country’s product range and build on its position in China, Canada’s largest seafood export market.

From 2022 to 2025, Canada exported...

Full Story »

Canadian Seafood Farmers Names 2026-2027 Executive Committee, Chaired by Cooke's Joel Richardson

Canadian Seafood Farmers has named its 2026-2027 Executive Committee, elected by the board on Oct. 16. Joel Richardson of family-owned Cooke Aquaculture in New Brunswick will chair the committee. The group, which announced the appointments on Oct. 22, brings together leaders from Canada's finfish, shellfish and aquaculture supply sectors.

Jennifer Woodland of Cermaq Canada is vice-chair, Cyr Couturier is treasurer, and Mia Parker of Mowi Canada is secretary. Executive members at large are Elizabeth Barlow of Cermaq Canada...

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BCSFA Says New Report Confirms Salmon Farms Don’t Drive Sea Lice Levels in Wild Salmon

A recently published peer-reviewed paper in Diseases of Aquatic Organisms provides strong evidence that removing salmon farms in British Columbia’s Broughton Archipelago has not reduced sea lice levels on wild Pacific salmon.

“Another year has passed, marking ten years of sea lice monitoring in the Broughton Archipelago and nine years in the Discovery Islands, and the data continue to confirm that BC salmon farms are not driving sea lice levels in wild Pacific Salmon...

Full Story »

Thai Express: 2025 Lobster LTO 'Sold Through Faster Than Anticipated,' Paving Way for Calamari

Thai Express is framing its new Crunchy Calamari launch as a deliberate second act in a seafood strategy that began with a 2025 lobster limited-time offer (LTO) — one the Canadian quick-service chain says performed well enough to justify building on it, even as the brand declines to commit to seafood as a permanent fixture just yet.

Expana reported on the calamari launch when it debuted in September, noting Thai Express was betting on the dish as Canada's next premium QSR protein...

 

Full Story »

Canadian Aquaculture Alliance Rebrands as Canadian Seafood Farmers

The Canadian Aquaculture Industry Alliance has rebranded as Canadian Seafood Farmers / Producteurs Aquacoles Canadiens, reflecting the sector’s push to have aquaculture recognized and supported on par with other Canadian agriculture. Members unanimously approved the new name at the association’s annual general meeting on Sept. 29. The change comes as the federal government emphasizes economic resilience and domestic food production amid a challenging trade environment.

“Aquaculture is agriculture, and our members are focused on responsibly growing, harvesting and processing Product of Canada seafood for grocery stores,” said Timothy Kennedy...

Full Story »

South Korea Overtakes US in Crab Imports

South Korea moved ahead of the United States in the first quarter of 2026 to become the world's second-largest crab importer after US purchases fell 10%, the Food and Agriculture Organization (FAO) reported today.

World crab imports were stable at about 92,000 tonnes in the first quarter, but a greater share of the trade moved toward Asia. China took roughly 37% of global imports.

Canadian snow crab exports were low during the quarter as sea ice and price disputes delayed the start of the fishing season...

Full Story »

Canadian Food Manufacturers Face Rising Trade and Cost Pressures

Canada’s food and beverage manufacturers posted sales growth in the first half of 2026, but higher prices rather than stronger volumes drove the increase as tariffs, trade disruption and cautious consumer spending added pressure to margins.

Food and beverage manufacturing sales reached C$88.1 billion in the first half of 2026, up 4% from the same period last year, according to a mid-year update from Farm Credit Canada (FCC) Economics. Adjusted for prices, however, real sales were flat.

“The first half of 2026 shows the sector...

Full Story »

Canada’s Ocean Supercluster Announces Largest Aquaculture Project to Date Totaling CAD 51M

Yesterday, Canada’s Ocean Supercluster announced its largest project to date, with the $51 million Marine Donut Adaptation and Commercialization Project led by Bluegreen, a Campbell River, BC-based tech company that builds closed-containment aquaculture systems, including the Marine Donut®.

This project will adapt and commercialize the Marine Donut®, a fully closed-containment aquaculture technology system, and will include six key technologies designed specifically for the Pacific Ocean environment.

Investment in innovations like the Marine Donut ® will help position Canada to lead in sustainable...

Full Story »

Report: Salmon Farming Could Lift Atlantic Canada's GDP by 1% by 2035

A new report from the Atlantic Canada Fish Farmers Association (ACFFA) says the region's salmon farming industry could grow Atlantic Canada's GDP by 1% by 2035, while creating jobs, attracting investment and producing more food domestically.

The report, Farming our Future: A Roadmap for Responsible Growth in Atlantic Canada's Finfish Sector, argues the region has the coastline, expertise, infrastructure and workforce needed to responsibly expand the sector — but regulatory delays, uncertainty and investment barriers are holding it back. The report calls specifically for policy changes to...

Full Story »

HF Foods Closes $35M Acquisition of Canadian Seafood Distributor Searay

HF Foods has closed its acquisition of Searay Foods Inc. and related entities, completing the company’s first expansion outside the United States and entry into the Canadian market.

The company announced the deal in July. The CAD$47.9 million (about US$35 million) transaction includes 100% of Searay’s issued and outstanding equity interests and represents approximately 5.0 times Searay’s 2025 Adjusted EBITDA.

HF Foods paid CAD$38.4 million (approximately US$27.8 million) in cash and 1.7 million shares...

Full Story »

Hodges: Crab Inventory Is Committed. Demand Is Not.

The outlook entering fall is better than headline supply figures suggest, but the risks have changed. Much of the Canadian snow crab harvest has already been contracted or shipped, and major processors report little uncommitted inventory. This reduces the threat of widespread discounting, but it does not mean the crab has been sold through to the consumer.

Snow crab’s strongest demand period is normally during the summer, supported by crab boils, tourism, and foodservice activity. Foodservice movement has remained relatively good, particularly in the Southeast, but retail demand has been soft...

Full Story »

Canada Commits $53M to Build Three New Pacific Salmon Hatcheries in British Columbia

The federal government has announced more than $53 million in construction contracts for three new Pacific salmon hatcheries across British Columbia, all developed in partnership with Indigenous nations and aimed at reversing steep declines in Chinook and sockeye populations.

The announcements, made August 25 by Fisheries Minister Joanne Thompson, cover facilities on the upper Fraser River near Hanceville, in Prince George, and on the Kitwanga River in Gitanyow territory — each tied to a separate First Nation and targeting distinct at-risk salmon populations...

Full Story »

Kim Phat Seafood Medley Recalled in Canada Over Undeclared Allergens

Kim Phat brand’s Seafood Medley has been recalled in Canada after the Canadian Food Inspection Agency (CFIA) flagged undeclared allergens. The CFIA says the product’s label failed to disclose egg, fish, gluten, soy and wheat.

The recall covers Seafood Medley 1.1 lb (500 g) packs, with UPC 6 28790 00196 2, distributed by Ocean Packers Inc. The affected packs were produced Aug. 16, 2025, and carry a best-before date of Aug. 15, 2027. The action was triggered by a customer complaint...

Full Story »