Canadian Indigenous Coalition Buys Clearwater Seafoods in Historic Deal | Eater

"One of North America’s largest shellfish suppliers, headquartered in Halifax, Nova Scotia, is being sold in a C$1 billion deal to a coalition of Miꞌkmaq First Nations in partnership with a Canadian specialty food company. The acquisition has been described as historic and the largest Indigenous investment in the Canadian seafood industry to date; leaders involved call it a transformational moment that will make participating communities meaningful players in the sector. The plan includes integrating Indigenous workers into the business and creating an enduring economic legacy that benefits future generations. The sale has also provoked pushback from non‑Indigenous commercial fishermen, who accuse the firm of monopolizing access to the offshore deep‑water lobster fishing area LFA 41, and tensions have escalated into incidents such as the destruction of Miꞌkmaq catch and the suspicious burning of an Indigenous lobster pound." - Jenny G. Zhang