Louisbourg Seafoods Applauds Government for Successful TPP Negotiations

LOUISBOURG, NS, Oct. 6, 2015 /CNW/ - Louisbourg Seafoods is excited that the Harper government has successfully concluded Trans-Pacific Partnership negotiations.

Over the past two decades, the Cape Breton fishery has increasingly benefitted from international sales. Louisbourg Seafoods has been a leader in this regard-- selling to Europe, Asia and beyond. It is now one of Cape Breton's largest private-sector employers, providing 600 well-paid jobs in eastern Nova Scotia.

The TPP will help Loiusbourg Seafoods expand their business and global marketing opportunities even further. Louisbourg has a growing business in Japan, but has faced import duties of up to 15 percent. James Kennedy, co-founder and owner, said "Japan wants our products and with trade barriers being reduced or phased out, we'll be able to market more snow crab and shrimp. We're excited to have the opportunity." New markets such as Vietnam and Malaysia are equally attractive.

Said Kennedy, "There are 248 million people in those countries alone—and we're confident that once they taste the quality of Louisbourg's products we'll boost our sales and keep introducing Cape Breton to the world. That means more jobs for Cape Bretoners and more investment in our communities."

ABOUT THE COMPANY - Louisbourg Seafoods is a family-operated seafood business, founded in 1984. Owners James and Lori Kennedy have built a successful business as a large diversified fisher, processor, and international marketer of seafoods. The group employs upwards of 600 people in Eastern Nova Scotia and Cape Breton Island. Louisbourg Seafoods is committed to the conservation and care of ocean species and habitat as members of the British Retail Consortium (BRC) and the Marine Stewardship Council (MSC).

SOURCE Louisbourg Seafoods

Dannie Hanson, Vice-President, Sustainability & Corporate Affairs, Louisbourg Seafoods Ltd., (C) 902-565-1088, [email protected], www.louisbourgseafoods.ca