B.C.’s salmon stocks are in drastic decline, and by continuing to allow open ocean fish farms, this problem will only get worse. This decline will have far-reaching consequences and irreversibly impact eagles, bears, endangered orcas, and other species that rely on salmon.
Investing in land-based closed containment farms will create new jobs and protect wild salmon. And British Columbia is uniquely positioned to lead future-proofing of the aquaculture industry through a transition to closed containment facilities. We have a highly skilled labour force, the necessary support infrastructure, abundant and accessible supplies of fresh and salt water, reasonable land values in the Comox-Strathcona region, and close proximity to markets and transportation infrastructure.
In fact, the forces of change mean the status quo isn’t even an option. Investors are willing to fund closed containment salmon aquaculture because it’s well-suited to present and future market needs:
- Global demand is increasing rapidly while open ocean global aquaculture is reaching limits and cannot keep up.
- Closed containment salmon farming solves the environmental impact problems caused by current open ocean farming.
The ‘Namgis First Nation was one of the first to recognize the facts and set out to test the feasibility of closed containment farming as a sustainable alternative. They launched Kuterra – a pilot scale venture to grow Atlantic salmon on land – and they have been successfully growing and selling quality salmon at a premium market price for more than five years.