Clearwater Seafood - Economic Impact and Strategic Partnerships slide image

Clearwater Seafood - Economic Impact and Strategic Partnerships

• Arctic Surf Clam Update: Landmark Agreement On March 11, 2019, Clearwater announced a landmark reconciliation agreement with 14 First Nations communities. The agreement forges a 50-year partnership that protects existing jobs in the Arctic Surf Clam fishery while creating meaningful economic, employment and capacity building for the 14 First Nations that are adjacent to the clam resource. • • Clearwater is taking a leadership role to build strong business relationships with First Nations. This is an opportunity to expand access and participation in commercial fisheries in a collaborative and voluntary manner. It protects existing jobs and respects the significant investments that Clearwater has made to develop this fishery, and the export value of Arctic Surf Clam products around the world. Benefits for First Nations start immediately, and do not require any action from Government. The agreement sets out the basis for the proposal our First Nations partners would intend to submit under any new expression of interest process for 25% of the clam quota. As a reminder, this quota was temporarily made available to CLR in 2018 & 2019. Clearwater announces exciting industry leading partnership with First Nations Clearwater remarkable seafood, responsible choice 16
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