Newfoundland and Labrador diversifies seafood markets successfully

Newfoundland and Labrador's Fisheries Minister Gerry Byrne announced successful efforts to find new markets for seafood at the Seafood Expo North America in Boston. He mentioned that while details are not yet public, the province is developing markets outside the United States. Byrne emphasized the diversified market interest during the expo, noting that representatives from 50 countries attended. This large gathering provides Canadian seafood businesses with opportunities amid potential tariffs from the U.S. and China. He stated that many attendees were impressed with the wide variety of seafood products from Newfoundland and Labrador. Some contracts discussed at the expo could be finalized and start in mid to late 2025. Juan Roberts, the president of Badger Bay Mussel Farms, shared his positive talks about expanding into non-U.S. markets. Currently, over half of his sales go to the U.S., but he hopes to increase sales in Canada and other regions. Byrne also commented on the recent appointment of Joanne Thompson as the new federal fisheries minister. He expressed optimism for their collaboration, emphasizing the importance of fairness and evidence-based decision-making for the fishing industry in Newfoundland and Labrador.