Clearwater To Lose Monopoly On Arctic Surf Clam

Halifax-based Clearwater Seafoods is losing its monopoly on Canada's lucrative Arctic surf clam.

Federal Fisheries and Oceans Minister Dominic LeBlanc announced Thursday that DFO will give 25 per cent of the current quota to a new entrant after a request for written proposals closes in November.

Currently all three Arctic surf clam licences are held by Clearwater.

To read the rest of the story, please go to: CBC News