Minister Jordan launched the engagement on Canada’s Blue Economy Strategy on February 8, 2021. Between February 8-12, 2021, she held 9 roundtables with fisheries and aquaculture leaders, ocean innovators, academia, and women leaders in ocean sectors.
The World Bank defines the blue economy as the sustainable use of ocean resources for economic growth, improved livelihoods and jobs, and ocean ecosystem health.
Pre-COVID-19, Canada’s ocean-based economy contributed significantly to national Gross Domestic Product (GDP), adding approximately $31.7 billion annually (1.6 per cent of total GDP) and nearly 300,000 jobs across a broad range of sectors.
DFO will continue working with federal partners, including Transport Canada, Innovation, Science and Economic Development Canada, Natural Resources Canada, Crown-Indigenous Relations and Northern Affairs Canada, Infrastructure Canada, Global Affairs Canada, regional development agencies, and others, to advance this whole-of-government federal initiative.