Pisciculture Acadienne, a land-based arctic char producer located in the Canadian province of New Brunswick, said it lost approximately 95 percent of its fish during a brutal cold snap over the past weekend.
The company, which operates a recirculating aquaculture system (RAS), estimated it lost between 95,000 to 100,000 fish worth at least CAD 600,000 ($448,000/€417,000), reported the CBC Tuesday.
Owner Emmanuel Chiasson told the news site the extreme weather caused a power outage, and the farm's generator failed. Without power, no water was circulating in the fish's tanks, so the fish ran out of oxygen.
Over the past weekend the province experienced a cold snap that left tens of thousands without power.
Chiasson, who has five employees, said he is uncertain if his business will recover from the event.
In recent years, major salmon producers such as Mowi have also recorded fish losses from extreme weather events in Atlantic Canada, citing the impacts of climate change on the province.
