Industry Sector Profile: Aquaculture

Aquaculture Industry At a Glance

Aquaculture in Newfoundland and Labrador is a significant industry with profound economic and societal impacts. Situated strategically in a region characterized by expansive, pristine waters ideally conducive to aquaculture, this sector has embraced the cultivation of diverse species, including Steelhead Trout, Atlantic Salmon, Blue Mussels, and Atlantic Cod.

A Success Story

This industry represents a success story, having made substantial contributions, totaling over a quarter of a billion dollars, to the provincial economy. It has fostered the creation of approximately 2,500 direct and indirect jobs, thus becoming a critical economic driver for the region. Beyond its economic significance, the aquaculture sector plays an instrumental role in the establishment of sustainable food sources, underscoring its commitment to environmental stewardship. Its capacity to provide meaningful employment opportunities serves to retain and engage the younger generation within the fabric of coastal communities, thereby enriching both the present and future of Newfoundland and Labrador.

OPPORTUNITIES

The aquaculture sector offers a wide range of career opportunities. From on-farm positions, hatcheries, and processing plants to roles in academia and government, the industry provides several pathways for employment. Many positions offer both initial training and on-the-job upgrading. These jobs typically offer year-round, well-paying positions and can be found in rural communities. Careers in the aquaculture sector are fulfilling and contribute to the economic vitality of the region.

SALMONOIDS

The salmonid sector within the aquaculture industry represents a significant pillar of growth and sustainability. Comprising species such as Atlantic Salmon and Steelhead Trout, this sector has consistently demonstrated its potential for success. The cultivation of salmonids, characterized by year-round production, has witnessed substantial increases in both volume and market value over the years, showcasing its resilience and market demand.

SUSTAINABILITY

Sustainability is at the heart of Newfoundland and Labrador’s aquaculture industry. Farmers in the region understand that a healthy ocean is essential for producing high-quality seafood. They are committed to adhering to science-based sustainable farming practices, efficiently managing resources, and implementing comprehensive guidelines for responsible aquaculture.

Aquaculture’s role in the province’s economy creates over 2,500 direct and indirect jobs. The industry brings prosperity to rural coastal communities by offering full-time, year-round employment opportunities, with over 90 percent of jobs being full-time positions.

INDUSTRY SHOWCASE

Scale AQ, with an office in Grand Falls – Windsor, is a prominent presence in the aquaculture sector. Their commitment to employing the best minds in aquaculture not only fosters solid and sustainable business practices but also bolsters the success of their customers. Their culture of innovation and development underscores their dedication to continuous improvement. Scale AQ not only optimizes existing products but also pioneers new concepts for the aquaculture industry, often through collaboration with academic institutions. Scale AQ is at the forefront of driving growth and sustainability in aquaculture, aspiring to be synonymous with the aquaculture of the future.

INDUSTRY SHOWCASE

Norlantic Processors Ltd.

Backed by over 30 years of experience, Norlantic Processors Ltd. are proud to be one of Canada’s leading providers of fresh, high quality organic blue mussels, grown in the naturally cold and pristine waters of Newfoundland. We are fully integrated, with total control over the entire process – from collection and grow out to processing to shipping – so you can be sure of total product traceability and reliability.

INDUSTRY SHOWCASE

360 Marine Ltd.

360 Marine Ltd plays such an important role in the community of Harbour Breton, as one of the largest employers in the region, employing approximately 100 individuals from Harbour Breton and surrounding areas. They are continuing to expand, forming partnerships with various organizations to become a major supplier in the aquaculture industry and contributing greatly to the economic growth in the Region.