Alberta
Global salmon farm company with B.C. ties backs land-based aquaculture in Japan
VICTORIA — The backing of a land-based salmon farm in Japan by a global company with ties to ocean fish farms in British Columbia has Indigenous and conservation groups calling on the federal government to accelerate its transition away from open-net farms.
The international tide in aquaculture is shifting toward land-based salmon farms, and the sooner Canada gets on board the better for the protection of threatened wild salmon and the future of aquaculture in B.C., say representatives of the 120-member B.C. First Nation Wild Salmon Alliance and non-profit group Wild Salmon Forever/Wild First.
“Canada really has to decide at this point if it wants wild Pacific salmon or if it wants this dirty, harmful industry. It can’t have both,” Tony Allard, founder of Wild Salmon Forever/Wild First, said in an interview. “That’s how I see it. It’s hard to talk your way out of it.”
Open-net fish farms off B.C.’s coast are a flashpoint, with environmental groups and some Indigenous nations saying the farms transfer disease to wild salmon, while the industry and some local politicians say thousands of jobs are threatened if operations are phased out.
Earlier this month, federal Fisheries Minister Joyce Murray announced plans to extend a consultation period for a transition plan to shift away from open-net salmon farms in B.C. by 2025.
Murray announced last February the government would not renew licences for 15 open-net Atlantic salmon farms around B.C.’s Discovery Islands.
This month, she said consultations for 79 other open-net farms will now continue through the summer, with a transition plan decision coming at an unannounced date.
“They must also realize that this is where the industry’s going,” Bob Chamberlin, First Nation Wild Salmon Alliance spokesman, said in an interview. “No one logs like they used to. No one mines like they used to. Everything evolves and it’s time for this industry to do the same.”
He said when he visited Norway more than a decade ago, salmon farm industry officials there said they operate open-net fish farms in B.C. because they are permitted by the government.
“That was the last time I went to Norway to speak to them,” he said. “I realized that the fight was at home.”
Chamberlin said he’s now more convinced than ever about having salmon farms removed from B.C. waters after learning about the land-based project near Tokyo being built with financial backing from the Norwegian company, Grieg Group, which has investment ties to Grieg Seafood of Campbell River.
Grieg Seafood operates a fish hatchery, 22 ocean salmon farms and employs about 200 people in B.C.
Amy Jonsson, Grieg Seafood communications director, said in a statement that Grieg Seafood of Campbell River did not invest in the Norwegian-based Proximar Seafood land-based salmon farm project in Japan.
She said Grieg Group of Norway is Greig Seafood’s main investor and a Proximar Seafood shareholder.
A Proximar Seafood spokesman could not be reached for comment about the estimated $88 million land-based salmon farm project, but the company’s website said the farm is located about an hour’s drive from Tokyo near Mount Fuji and will produce up to 5,300 tonnes of farmed Atlantic salmon annually.
Jonsson said transitioning the industry from open-net farms to land-based remains challenging on several fronts, technically and financially.
“To farm the entire production cycle on land has not yet been proven viable at a commercial scale,” she said in the statement. “Developing the technology and competence is the first challenge that needs to be solved.”
Jonsson also said once land-based technology does become viable, facilities will likely be located closer to their markets, which could result in job losses in rural communities.
The B.C. Salmon Farmer’s Association, which represents about 95 per cent of the province’s fish farm producers, said an economic analysis commissioned by the provincial government concluded shifting to land-based salmon farming could cost up to $2.2 billion, and production and profit of the product was elusive.
“To move the entire sector on land isn’t a realistic option, nor is it required to protect wild salmon,” said association president Brian Kingzett in a statement last February. “The federal government’s numerous science assessments have confirmed Atlantic salmon farms pose no more than a minimal risk to wild salmon abundance and diversity under the current fish health management practices.”
Kingzett was not available for further comment.
Allard, who operates a private investment company in West Vancouver, said he supports salmon farming, but not open-net ocean farms.
“I’m a capitalist,” he said. “I can see there’s a need there and a business there, but you can’t base your business on polluting for free and harming an iconic keystone species. The longer we dither on embracing what’s now proven technology and play to our advantages, the more we’re likely to squander our first-mover advantage on the Pacific coast.”
A statement from Murray’s office at Fisheries and Oceans Canada, said “Canada can be a global leader in sustainable aquaculture, while also making sure we protect keystone species like wild Pacific salmon.”
This report by The Canadian Press was first published June 15, 2023.
Dirk Meissner, The Canadian Press
Alberta
Premier Smith says Auto Insurance reforms mean lower premiums and better services for Alberta drivers
Premier Smith says Auto Insurance reforms may still result in a publicly owned system
Better, faster, more affordable auto insurance
Alberta’s government is introducing a new auto insurance system that will provide better and faster services to Albertans while reducing auto insurance premiums.
After hearing from more than 16,000 Albertans through an online survey about their priorities for auto insurance policies, Alberta’s government is introducing a new privately delivered, care-focused auto insurance system.
Right now, insurance in the province is not affordable or care focused. Despite high premiums, Albertans injured in collisions do not get the timely medical care and income support they need in a system that is complex to navigate. When fully implemented, Alberta’s new auto insurance system will deliver better and faster care for those involved in collisions, and Albertans will see cost savings up to $400 per year.
“Albertans have been clear they need an auto insurance system that provides better, faster care and is more affordable. When it’s implemented, our new privately delivered, care-centred insurance system will put the focus on Albertans’ recovery, providing more effective support and will deliver lower rates.”
“High auto insurance rates put strain on Albertans. By shifting to a system that offers improved benefits and support, we are providing better and faster care to Albertans, with lower costs.”
Albertans who suffer injuries due to a collision currently wait months for a simple claim to be resolved and can wait years for claims related to more serious and life-changing injuries to addressed. Additionally, the medical and financial benefits they receive often expire before they’re fully recovered.
Under the new system, Albertans who suffer catastrophic injuries will receive treatment and care for the rest of their lives. Those who sustain serious injuries will receive treatment until they are fully recovered. These changes mirror and build upon the Saskatchewan insurance model, where at-fault drivers can be sued for pain and suffering damages if they are convicted of a criminal offence, such as impaired driving or dangerous driving, or conviction of certain offenses under the Traffic Safety Act.
Work on this new auto insurance system will require legislation in the spring of 2025. In order to reconfigure auto insurance policies for 3.4 million Albertans, auto insurance companies need time to create and implement the new system. Alberta’s government expects the new system to be fully implemented by January 2027.
In the interim, starting in January 2025, the good driver rate cap will be adjusted to a 7.5% increase due to high legal costs, increasing vehicle damage repair costs and natural disaster costs. This protects good drivers from significant rate increases while ensuring that auto insurance providers remain financially viable in Alberta.
Albertans have been clear that they still want premiums to be based on risk. Bad drivers will continue to pay higher premiums than good drivers.
By providing significantly enhanced medical, rehabilitation and income support benefits, this system supports Albertans injured in collisions while reducing the impact of litigation costs on the amount that Albertans pay for their insurance.
“Keeping more money in Albertans’ pockets is one of the best ways to address the rising cost of living. This shift to a care-first automobile insurance system will do just that by helping lower premiums for people across the province.”
Quick facts
- Alberta’s government commissioned two auto insurance reports, which showed that legal fees and litigation costs tied to the province’s current system significantly increase premiums.
- A 2023 report by MNP shows
Alberta maintains a balanced budget while ensuring pressures from population growth are being addressed.
Alberta faces rising risks, including ongoing resource volatility, geopolitical instability and rising pressures at home. With more than 450,000 people moving to Alberta in the last three years, the province has allocated hundreds of millions of dollars to address these pressures and ensure Albertans continue to be supported. Alberta’s government is determined to make every dollar go further with targeted and responsible spending on the priorities of Albertans.
The province is forecasting a $4.6 billion surplus at the end of 2024-25, up from the $2.9 billion first quarter forecast and $355 million from budget, due mainly to higher revenue from personal income taxes and non-renewable resources.
Given the current significant uncertainty in global geopolitics and energy markets, Alberta’s government must continue to make prudent choices to meet its responsibilities, including ongoing bargaining for thousands of public sector workers, fast-tracking school construction, cutting personal income taxes and ensuring Alberta’s surging population has access to high-quality health care, education and other public services.
“These are challenging times, but I believe Alberta is up to the challenge. By being intentional with every dollar, we can boost our prosperity and quality of life now and in the future.”
Midway through 2024-25, the province has stepped up to boost support to Albertans this fiscal year through key investments, including:
- $716 million to Health for physician compensation incentives and to help Alberta Health Services provide services to a growing and aging population.
- $125 million to address enrollment growth pressures in Alberta schools.
- $847 million for disaster and emergency assistance, including:
- $647 million to fight the Jasper wildfires
- $163 million for the Wildfire Disaster Recovery Program
- $5 million to support the municipality of Jasper (half to help with tourism recovery)
- $12 million to match donations to the Canadian Red Cross
- $20 million for emergency evacuation payments to evacuees in communities impacted by wildfires
- $240 million more for Seniors, Community and Social Services to support social support programs.
Looking forward, the province has adjusted its forecast for the price of oil to US$74 per barrel of West Texas Intermediate. It expects to earn more for its crude oil, with a narrowing of the light-heavy differential around US$14 per barrel, higher demand for heavier crude grades and a growing export capacity through the Trans Mountain pipeline. Despite these changes, Alberta still risks running a deficit in the coming fiscal year should oil prices continue to drop below $70 per barrel.
After a 4.4 per cent surge in the 2024 census year, Alberta’s population growth is expected to slow to 2.5 per cent in 2025, lower than the first quarter forecast of 3.2 per cent growth because of reduced immigration and non-permanent residents targets by the federal government.
Revenue
Revenue for 2024-25 is forecast at $77.9 billion, an increase of $4.4 billion from Budget 2024, including:
- $16.6 billion forecast from personal income taxes, up from $15.6 billion at budget.
- $20.3 billion forecast from non-renewable resource revenue, up from $17.3 billion at budget.
Expense
Expense for 2024-25 is forecast at $73.3 billion, an increase of $143 million from Budget 2024.
Surplus cash
After calculations and adjustments, $2.9 billion in surplus cash is forecast.
- $1.4 billion or half will pay debt coming due.
- The other half, or $1.4 billion, will be put into the Alberta Fund, which can be spent on further debt repayment, deposited into the Alberta Heritage Savings Trust Fund and/or spent on one-time initiatives.
Contingency
Of the $2 billion contingency included in Budget 2024, a preliminary allocation of $1.7 billion is forecast.
Alberta Heritage Savings Trust Fund
The Alberta Heritage Savings Trust Fund grew in the second quarter to a market value of $24.3 billion as of Sept. 30, 2024, up from $23.4 billion at the end of the first quarter.
- The fund earned a 3.7 per cent return from July to September with a net investment income of $616 million, up from the 2.1 per cent return during the first quarter.
Debt
Taxpayer-supported debt is forecast at $84 billion as of March 31, 2025, $3.8 billion less than estimated in the budget because the higher surplus has lowered borrowing requirements.
- Debt servicing costs are forecast at $3.2 billion, down $216 million from budget.
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