Page 36 - John Risley News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The $1-billion transaction, including debt, is expected to see the Mi'kmaq First Nations partnership hold Clearwater's Canadian fishing licences. Membertou First Nation Chief Terry Paul said the deal will transform Indigenous participation in the commercial fishing sector. "This is a significant achievement for the Mi'kmaq," he said in a statement. "This collective investment by First Nations in Clearwater represents the single largest investment in the seafood industry by any Indigenous group in Canada." The partnership, which includes Membertou, Miawpukek, Sipekne'katik, We'koqma'q, Potlote...

A company lawyer told Justice Christa Brothers that shareholders holding 70 per cent of all shares voted 99.98 percent in favour at a meeting Thursday. "Hearing that there has been no filing of any dissent, no notice of dissent and that there has been an overwhelming vote in favour of it, I am prepared to grant the order today," Brothers said. The Mi'kmaq are putting up $250 million for their share of the purchase that gives them control of Clearwater's Canadian fishing licences, which include shrimp, snow crab, scallop and offshore lobster. Clearwater's success and resentment The company is ...