Grieg Seafood had previously put investments on hold due to Norway's new tax regime, but will now prioritize expansion of post-smolt in Norway, and "untapped growth potential" in Canada.
A trading update released by the company indicates increased fish mortality rates in its British Columbia salmon farming operations, attributed to low seawater oxygen levels.
Government reshuffle sees Marianne Sivertsen Næss brought in as Minister for Fisheries and Oceans, while outgoing Cecilie Myrseth is promoted to Minister for Trade & Industry.