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SUFB 1081: Mi'kmaq Nation Buys 50% Stake In Largest Seafood Company In Atlantic Canada
There has been a breakthrough in the Lobster Fisheries conflict between the Indigenous and Non-Indigenous Fishers in Nova Scotia, Canada. A conglomerate of Mi'kmaq Nations have purchased the largest seafood corporation in Atlantic Canada for a 50% stake in the company. The Mi'kmaq Nation had a partner in the deal, a company based in British Columbia called Premium Foods. The company owns a number of popular seafood brands in Canada and Internationally.
The deal marks the largest investment by Indigenous communities in the seafood industry. It also marks a huge win for Indigenous people who…
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