Salmon Canada is a 10-year private sector led project with federal co-investment to build five closed-containment salmon bioeconomy hubs that reach a combined 120,000 tonnes per year. Each facility is designed from the outset to maximize value from the full biomass — achieving up to 90% utilization through downstream processing of fish oil (Omega-3), fish meal, collagen and gelatin, nutraceuticals, bioactive compounds, salmon leather, pet food, fertilizer, and biogas production.

The public role is catalytic and time-limited: federal support is structured through potential federal investment vehicles and sunsets once the sector reaches scale. This is not an open-ended subsidy: it is strategic financing to establish a globally competitive Canadian bioeconomy.

The federal contribution of mainly debt and equity-like instruments will be matched 1:1 by private and Indigenous capital. Through that matching, the Government of Canada creates and retains thousands of jobs, increases trade to target markets with predictable supply, grows GDP, and strengthens food sovereignty.