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Canadian Government congratulates Glooscap First Nation on the acquisition of Yarmouth Bar Fisheries and SeaKist Lobster

The Government of Canada is working in partnership with First Nations to support community-driven economic development projects that will help build healthier, more sustainable communities.

Today the Honourable Seamus O’Regan, Minister of Indigenous Services, offered congratulations to Chief Sidney Peters, the Council, and Glooscap First Nation on the acquisition of the SeaKist Lobster holding facility, as well as 52 percent ownership of Yarmouth Bar Fisheries Limited, a seafood distribution company.  Both businesses are located in Yarmouth, Nova Scotia.

Indigenous Services Canada contributed $779,922 under the Community Opportunity Readiness Program to assist Glooscap First Nation with this business development project. The businesses will be an important source of revenue for the community, help support fisheries, and create additional full and part-time employment opportunities.


“Congratulations to Glooscap First Nation on the acquisition of Yarmouth Bar Fisheries and SeaKist Lobster. This will provide a number of employment opportunities for Glooscap while also growing the community’s role in Nova Scotia’s seafood industry.”

The Honourable Seamus O’Regan, P.C., M.P.

Minister of Indigenous Services

“This is an exciting time for Glooscap First Nation. We continue to grow and invest in projects that create more jobs and opportunities for Glooscap and Yarmouth. Seafood is an important part of our Mi’kmaw culture, and we are looking to build on that by creating a Glooscap Seafood brand that will be sold internationally. Glooscap is a small community in Nova Scotia but we are very strong in promoting community economic development and we appreciate the support we have received to make this happen.”

Chief Sidney Peters

Glooscap First Nation

Quick Facts

  • Glooscap First Nation is located approximately 70 kilometres northwest of Halifax, Nova Scotia a total population of approximately 384 people with approximately 289 members off-reserve.
  • The Community Opportunity Readiness Program (CORP) provides project-based funding to First Nations and Inuit communities for a range of activities such as feasibility studies, business advisory services, and training to support their pursuit of economic opportunities.
  • Glooscap Ventures is the economic development corporation for Glooscap First Nation. They were created in 2013 to seek out new economic development opportunities.
  • Glooscap First Nation employs over 100 people.

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