Icewater Seafoods CEO Alberto Wareham told IntraFish that the upcoming end to a long "Brexit saga" will be one of the most interesting developments for the new year, as the event had weakened the GBP against the CAD, impacting negotiation for raw material prices.

As foreign exchange remains to be seen, the CEO highlights that the company remains on track for a long-term investment plan for its factory in Arnold's Cove.

Earlier this year Icewater Seafoods purchased whitefish processing equipment from manufacturer Marel for CAD 1.6