Profiles of the major industries operating in and around Canada's oceans. Each series covers how the industry works economically, how capital flows through it, and where financial decisions and ocean outcomes intersect. The focus is on what is actually happening, not what the industry says about itself.
Industry Profiles
Open-net pen salmon farming ends in coastal BC on June 30, 2029. DFO has launched a systematic review of the sea lice evidence, the peer-reviewed literature points in several directions, and no independent analysis exists of what replacing BC production would cost.
Industry Profiles
Canadian farmed salmon exports were worth $944.5 million in 2024, and 93.5 percent went to one market. Open-net pen production in BC ends in 2029, with no proven replacement at that volume. The capital to build one has to be committed before a lender has anything to price against.
Industry Profiles
In 2024 the Atlantic provinces out-produced British Columbia in farmed finfish for the first time since 1991. Salmon accounts for 65 percent of the value of Canadian aquaculture, and 93.5 percent of farmed salmon exports go to the United States. The ownership is largely foreign.
Industry Profiles
Canada claims the Northwest Passage as internal waters. Russia, Norway, and the United States are building Arctic presence faster than Canada is. The sovereignty argument is well established; the physical capacity to back it is still being bought. A look at the gap between the two.
Industry Profiles
Ice-class vessels, a four-month season, and conservative insurers make commercial Arctic shipping a hard case. Public capital, Indigenous ownership, and resource balance sheets carry the weight instead. A look at who finances Canada's Arctic marine infrastructure, and why.
Industry Profiles
Ninety percent of goods reaching Canada's northern communities arrive by sea in a short summer window. Behind the Northwest Passage headlines, Arctic shipping is a community lifeline with sparse ports and thin economics, not the commercial trade route its reputation suggests.
Industry Profiles
Canada has strong Atlantic wind, deep harbours, a skilled offshore workforce, and a US export market next door. What it does not have is an operating turbine, a financed project, or settled transmission. The gap to a working wind farm is measured in years.
Industry Profiles
Offshore petroleum and offshore wind are not two versions of the same business. One runs on corporate balance sheets and a track record; the other is still a projection waiting on transmission, offtake, and a first licensing round. Decommissioning is the long-tail cost most discussion underweights.
Industry Profiles
Newfoundland produces the oil. Nova Scotia is betting on wind it has not yet built. The Pacific is closed by moratorium and surrendered permits, and the Arctic is on indefinite hold. Canadian offshore energy in 2026 is less a national industry than four separate situations.
Industry Profiles
In 2024, Canadian supply chains absorbed strikes, rerouting, drought, and wildfire at once. The exposures behind that year are structural, and they change how port and shipping assets should be financed.
Industry Profiles
Canada’s ports look like public infrastructure, but the capital behind them is a hybrid of self-funding authorities, private operators, and a fast-growing layer of public financing. How money actually moves through the system, why labour is an underpriced risk, and where the investment case sits.
Industry Profiles
Marine transport carries roughly a fifth of Canada’s trade by value, through four corridors that each work differently. How Canadian cargo actually moves, why the ports are landlords and not cargo handlers, and why the whole system runs on rail.