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Grieg’s Canadian post-smolt project put on indefinite hold after poor Q4 report

US tariff threats are among the reasons Grieg said it's halting construction of a CAD 155m post-smolt build in Marystown, Newfoundland and Labrador

By Barb Dean-Simmons | Feb. 24, 2025 13:08 GMT
Grieg has been making progress on the construction a post smolt building at Marystown, in the Canadian province of Newfoundland and Labrador. This drone shot shows the progress as of September 2024. Photo from Grieg Seafoods Newfoundland
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What was thought to be a short-term pause on construction of a CAD 115 million ($84.4m) post-smolt tank at Grieg Seafood's land-based salmon aquaculture operation in the Canadian province of Newfoundland and Labrador (NL) is now on hold indefinitely. [...]

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Contact the author barb.simmons@undercurrentnews.com

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