AquaBounty's hatchery in eastern P.E.I. has been a research-only production site, but now the company is saying the facility in Bay Fortune has the go-ahead from Environment Canada to produce the fish eggs on a commercial scale.
AquaBounty fish are genetically modified to grow twice as quickly as regular salmon.
If the Massachusetts-based company gets approval from the U.S. Food and Drug administration for sale in the States, the P.E.I.-produced eggs would be shipped to a facility in Panama to be grown into adults and then harvested for food.
In a news release Monday, Aqua Bounty said rigorous examinations of its P.E.I. hatchery were done by Environment Canada, along with a risk assessment by Fisheries and Oceans, and a review by a panel of independent scientific experts.
CBC News has not confirmed with Environment Canada if it has approved commercial production in Bay Fortune, P.E.I.