2 Clearwater’s subsidiaries are located in Atlantic Canada, Scotland, England, the US, Argentina and Luxembourg. A joint press release from Clearwater and the Mi’kmaq coalition stated: “Given the importance of this investment opportunity to the future prosperity of Mi'kmaq communities, all First Nations in Nova Scotia along with Miawpukek First Nation from Newfoundland and Labrador were provided the opportunity to participate in the collective investment…Commercial investments in the seafood sector are a strategic investment to advance the prosperity of First Nations communities.” On January 6, 2021, the Competition Bureau of Canada issued a no-action letter, allowing the parties to move quickly to complete the complicated transaction.