In Surprise Move, Indigenous Coalition Buys Largest Atlantic Canada Fishery

A coalition of Mi’kmaq First Nations will soon become part owners of the largest fishing company in Atlantic Canada, a “win” for Indigenous fishing communities after months of intimidation by white commercial fishermen in Nova Scotia. 

On Monday, the Mi’kmaq coalition and Premium Brands Holding Corporation, specializing in food manufacturing and distribution, announced they partnered to acquire the publicly traded shellfish company, Clearwater Seafoods, for $1 billion, including debt.

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