The awards, hosted by SocialFinance.ca and the MaRS Centre for Impact Investing, recognize individuals and organizations that are mobilizing private capital for positive social and environmental impact in Canada. The theme of this year’s awards is “Moving Money that Matters,” a nod to the important role of investors and social entrepreneurs in ensuring the advancement of the social finance landscape in Canada.
Tides Canada’s Salmon Aquaculture Innovation Fund is one of seven finalists for this year’s award thanks to a nomination from Vancity. The Salmon Aquaculture Innovation Fund endeavours to protect BC’s wild salmon while building a viable and sustainable aquaculture industry in collaboration with First Nations, government, industry and environmental organizations. One of the Fund’s key projects is the ‘Namgis First Nation’s KUTERRA project, a northern Vancouver Island business whose mission is to produce the most environmentally sound, safe and healthy land-based Atlantic salmon. Since 2011, Tides Canada has granted the ‘Namgis First Nation and KUTERRA almost $2.7 million for development and operations in addition to providing project management and technical support.
KUTERRA Land Raised Atlantic salmon went to market in April of this year and is currently available in Safeway stores across British Columbia and Alberta, giving consumers a healthy and sustainable option grown without pesticides or antibiotics.
KUTERRA was also recognized earlier this week with the highest ranking from the Monterey Bay Aquarium’s Seafood Watch program – a “best choice” green.