Finance

First Nations coalition takes higher stake in Clearwater

The collective investment of the Mi'kmaq Coalition in Clearwater represents the single largest investment in the seafood industry by any Indigenous group in Canada.

"Recapitalizing the debt structure for our Clearwater ownership enables the Mi'kmaq Coalition to accelerate economic returns to our communities," said Chief Terry Paul, chief and CEO of Membertou, "Together with our partners at Premium Brands, the Clearwater acquisition was a landmark deal for our people in 2021."
"Recapitalizing the debt structure for our Clearwater ownership enables the Mi'kmaq Coalition to accelerate economic returns to our communities," said Chief Terry Paul, chief and CEO of Membertou, "Together with our partners at Premium Brands, the Clearwater acquisition was a landmark deal for our people in 2021."Photo: Membertou Community
Clearwater SeafoodsFirst NationsAtlantic CanadaTerrance PaulPremium Brands
Published 22 December 2023, 18:20Updated 22 December 2023, 18:20