Press Release
August 13, 2019 St. John’s, Newfoundland and Labrador
With the longest coastline in the world, Canada’s coastal communities rely on a sustainable and prosperous fish and seafood industry as a vital contributor to local and regional economies. This is why the Government of Canada and the Province of Newfoundland and Labrador today announced funding support to the harvesting and processing sectors through the Atlantic Fisheries Fund.
The funding—a total contribution of more than $8 million dollars—will see 59 projects that will work to modernize harvesting technologies, improve the quality of landings, and increase productivity and sustainability of operations.
More specifically, investments are being made in:
Funding these projects will help improve quality and productivity in the fish and seafood industry in Newfoundland and Labrador, resulting in a positive impact on local and regional economies.
The contribution comes from the $400 million Atlantic Fisheries Fund, jointly funded by the federal and provincial governments, and focuses on increasing opportunities and market value for sustainably sourced, high-quality fish and seafood products from Atlantic Canada.
The Atlantic Fisheries Fund will continue to invest in projects over the seven-year life of the program. The commercial fisheries and aquaculture industry, Indigenous groups, universities and academia and industry associations and organizations, including research institutions, may apply.
Eligible projects must focus on:
Quotes
“Thousands of families in Newfoundland and Labrador depend on sustainable and prosperous fisheries to support their livelihoods. I am pleased to be in St. John’s with Premier Ball announcing a strategic investment for the fish and seafood sector. This new funding will help create more jobs in coastal and Indigenous communities across Newfoundland and Labrador. Through the Atlantic Fisheries Fund, we are supporting the people that work in the fish and seafood sector to ensure that this industry is prosperous for generations to come.”
The Honourable Jonathan Wilkinson, Minister of Fisheries, Oceans and the Canadian Coast Guard
“August 2019 marks the second year of the Atlantic Fisheries Fund and to date we have invested over $28 million to create and advance new opportunities for producers of high-quality fish and seafood products. Working together with the Federal Government, we are supporting the fishery of today and preparing for the fishery for tomorrow and ensuring this industry is sustainable for future generations.”
The Honourable Dwight Ball, Premier of Newfoundland and Labrador
“As we address the challenges of today’s changing fishery, we advance best through sound strategic planning and innovation, supported with appropriate investment. Newfoundland and Labrador continues to lead the way in investments and projects through the Atlantic Fisheries Fund; our leadership is a testament to the vision of industry and community leaders who put forward quality projects. We anticipate many more projects and investments, as together we create, develop and grow the fishery of the future, one that is thoroughly sustainable and value-added.”
The Honourable Gerry Byrne, Minister of Fisheries and Land Resources
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Contacts
Toll-free program contact: 1-844-795-9718
Jocelyn Lubczuk
Press Secretary
Office of the Minister of Fisheries, Oceans and the Canadian Coast Guard
343-548-7863
Jocelyn.lubczuk@dfo-mpo.gc.ca
Media Relations
Fisheries and Oceans Canada
613-990-7537
Media.xncr@dfo-mpo.gc.ca
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