• Fishing and Aquaculture

Year around support for a seasonal business

Canada is known for one of the best fishing and aquaculture environments in the world. With the overall better catches and the increase of demand in exports, businesses must balance the challenges of success. Not only do environmental issues such as invasive species effect the best catch, but so does the dramatically increased value of licenses with shrinking quotas and the control of large blocks of licenses by processors. With restrictions on corporate ownership between family members and trusts and other regulatory restrictions, businesses must make informed decisions in this seasonal industry.

BDO’s Fishing and Aquaculture practice brings the expertise and industry knowledge to help our clients make those informed decisions. From an understanding of DFO regulations for individuals to corporations directly involved in the industry, our experienced team leverages our extensive understanding of tax law and regulations to help fishing enterprises acquire, finance, and operate their businesses in an affordable manner. Our professionals have a high level of experience and depth of industry knowledge and have acted as industry experts in a number of court cases.

With over 100 offices in Canada, and backed by the resources of a global network spanning more than 150 countries, we address business needs domestically and internationally. Our comprehensive tax, accounting, and advisory services help businesses with a number of services from succession planning and intergenerational transfers to advising on acquisitions and assistance with financing.