Socioeconomic Aspects of Sea Cage Salmon Farming in the Maritimes

Commercial salmon farming in the Maritimes shows potential as a source of rural employment, growth, and foreign exchange. Canada lags behind most advanced countries in developing its aquaculture industry; Atlantic salmon (Salmo salar) might be one species in which Canada has a comparative advantage...

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Bibliographic Details
Published in:Canadian Journal of Fisheries and Aquatic Sciences
Main Author: Ridler, Neil B.
Format: Article in Journal/Newspaper
Language:English
Published: Canadian Science Publishing 1984
Subjects:
Online Access:http://dx.doi.org/10.1139/f84-183
http://www.nrcresearchpress.com/doi/pdf/10.1139/f84-183
Description
Summary:Commercial salmon farming in the Maritimes shows potential as a source of rural employment, growth, and foreign exchange. Canada lags behind most advanced countries in developing its aquaculture industry; Atlantic salmon (Salmo salar) might be one species in which Canada has a comparative advantage and in which Canada's late start might be overcome. This paper evaluates sea pen salmon culture by a number of criteria, including financial feasibility, and concludes that salmon farming can be profitable, contribute to growth, absorb labour, and earn foreign exchange. A final section explores policy options available to governments and to private sector producers.