Tsawout First Nation has announced an investment partnership with Sidney-based Cascadia Seaweed, North America's largest kelp grower, marking a significant step in the Nation's commitment to the blue economy.
The agreement was signed in council chambers on Monday (June 23), three years after the Tsawout Nation declared its jurisdiction under a self-governing marine use law.
Chief Abraham Pelkey emphasized the importance of the partnership, saying, "As an independent nation, it’s our responsibility to protect the environment while creating food and opportunities for our people. As saltwater people, we’re naturally drawn to the sea. I tell people seaweed farming is like planting trees, only it’s in the ocean and it grows much faster.”
The investment signifies a strengthening of the Nation's ties to the "blue economy," defined by the United Nations as the sustainable use of ocean resources for economic growth, improved livelihoods and job creation while preserving the health of ocean ecosystems.
Under the Douglas Treaty, the Constitution and the United Nations Declaration on the Rights of Indigenous Peoples, the Tsawout have an eternal Aboriginal title over their lands and waters.
In 2022, Tsawout granted Cascadia Seaweed a licence to operate a commercial seaweed farm within its territorial waters. The farm, installed and seeded in November 2022, spans 20 km of cultivation line and recently yielded its largest harvest, pulling in over 150 wet tonnes of cultivated seaweed.
Michael Williamson, CEO of Cascadia Seaweed, highlighted the importance of collaboration, saying it was a priority from day one.
“We’ve long recognized the value of First Nations as shareholders,” he said. "While we’re fortunate to have a respected Elder advising our board, this deeper level of involvement helps ensure we stay true to our founding vision: building a profitable business that benefits both people and the planet.”
Pelkey said the Nation grows new seaweed annually, harvests it and processes it into natural agricultural products to promote a sustainable food system.
"It’s an economic opportunity that reflects our environmental values, and now we have a financial stake in the company,” he added.
