Trudeau’s salmon farming ban set to cost Canadians $9 billion

Published 2024년 11월 28일

Tridge summary

A new report commissioned by the B.C. Salmon Farmers Association (BCSFA) estimates that the Liberal government's proposed ban on marine salmon farms in British Columbia could cost Canadian taxpayers $9 billion. The ban, set to eliminate B.C.'s top agri-food export and potentially displace 4,560 jobs, is seen as a way to appease anti-fish farming lobbies. Critics argue that the ban disregards science and economic reality, and could lead to increased imports of farmed salmon from countries like Chile and Norway, resulting in higher greenhouse gas emissions and consumer prices. The ban is also expected to have significant socio-economic impacts, including the closure of businesses in the fish processing industry and the loss of career opportunities for rural and coastal communities.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By Fabian Dawson and Samantha McLeod SeaWestNews The Trudeau Liberals’ plan to ban marine salmon farms in British Columbia is set to saddle taxpayers with an astronomical $9 billion bill, states a new report that details the far-reaching economic, social, and environmental fallout of the government’s decision. The “reckless” ban, largely aimed at appeasing the anti-fish farming lobby, will eliminate B.C.’s top agri-food export, destroy 4,560 jobs, and adversely impact over 1,000 Indigenous people directly and indirectly employed by the sector, estimates the economic analysis commissioned by the B.C. Salmon Farmers Association (BCSFA). In addition to the devastating ripple effects that will be felt across Canada, over 1,400 vendors in the sector’s supply chain in B.C. will sustain losses of $437 million, with some having to shut down their operations. The suffocating grip of poverty poised to reclaim remote First Nations communities in B.C., where salmon farming once broke the ...

Source: SeaWest News