Canadian Seafood Stabilization Fund (CSSF)

 

The COVID-19 pandemic is challenging for many sectors in Canada. Fish and seafood processors are key to our economy and the strength of our food system. The CSSF provides $62.5 million to support fish and seafood processors.

$38.1 million for Atlantic Canadian fish and seafood processors

Fish and seafood processors can now get help with COVID-19 related costs incurred after March 15, 2020. The Atlantic Canada Opportunities Agency (ACOA) is delivering the CSSF to the Atlantic provinces

Who can apply to the CSSF 

Applicants must:

Eligible activities

The CSSF supports the following types of activities:

Apply

Contact us

If you are not in Atlantic Canada, contact the regional development agency in your region. They will help you find the support that is right for you. You can also visit the Government of Canada’s COVID-19 Economic Response Plan.

 

Frequently asked questions

When can I apply for CSSF funding?

ACOA is now accepting applications for the CSSF online. We will continue to accept and assess applications until the funding runs out.

When will I receive ACOA funding under the CSSF?

ACOA will review applications for funding on a first-come, first-served basis. We will assess the eligibility of each funding request. If your application is approved, you will receive an offer of approved funds. Payments can begin after you accept the offer.

Please reach out to ACOA for more details on the assessment and payment process.

Will I have to repay the CSSF support I get from ACOA?

Most support under the CSSF is repayable, except for non-revenue generating costs, including for reusable equipment associated with worker safety and support provided to not-for-profit organizations.

The repayment schedule and conditions will be explained in your contribution agreement. Please reach out to ACOA for specific questions on repayable and non-repayable support.

What is the maximum amount I can get through the CSSF?

The amount of money you can receive under the CSSF depends on your situation. Please consult with an ACOA program officer to discuss your particular needs. 

Are there any restrictions on how I can use CSSF funds?

You can only use the funds from the CSSF to pay for eligible costs as described in your contribution agreement. Eligible costs will be determined on a case-by-case basis, which you can discuss with your ACOA program officer.  

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