Government of Canada and Province of New Brunswick support lobster research and oyster aquaculture
“The lobster fishery and shellfish aquaculture industries are major generators of economic activity in rural and coastal communities in the Atlantic Region. We are proud to fund these innovative projects, creating jobs, and providing the needed support to assist these companies to remain productive in markets close to home and abroad. Together, we will ensure that Canada’s well-known reputation for quality seafood products remains strong. ”
The Honourable Jonathan Wilkinson, Minister of Fisheries, Oceans and the Canadian Coast Guard
“The Government of Canada understands the economic importance of the lobster fishery and oyster aquaculture in eastern New Brunswick, and it’s important that these industries be supported. Through this funding, our lobster industry will benefit from state of the art facilities to conduct the research required to ensure the sustainability of the fishery, and oyster aquaculture operators will be able to adopt the equipment and technology required to remain competitive and productive.”
The Honourable Dominic LeBlanc, Minister of Intergovernmental and Northern Affairs and Internal Trade and Member of Parliament for Beauséjour
“The Government of Canada, through ACOA, is proud to support projects like this one for Homarus Inc. that propel innovation, promote diversification, build vitality in communities and enhance the regional economy. Supporting innovation and growing tourism throughout the region is a key priority under the Atlantic Growth Strategy. Homarus is a leader in lobster research and sustainability initiatives, and this investment is a significant step forward in expanding the organization’s research capacity and will broaden the scope of experiential tourism assets in this region.”
The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA
“The province of New Brunswick recognizes the importance of the lobster fishing industry which represents more than 800 million dollars in export revenues. The Eco-Centre project will benefit and educate the public on fisheries related topics and give Homarus better tools to continue their research.
Shellfish aquaculture is experiencing unprecedented growth in New Brunswick. Business initiatives supported by the program meet multiple priorities identified in the New Brunswick Shellfish Aquaculture Development Strategy that reaches out to 2021. Our shellfish sector in this period is planning on growth targets of 10 percent increases annually to reach 30 million units sold in 2021.”
The Honourable Ross Wetmore, Minister of Agriculture, Aquaculture and Fisheries, Province of New Brunswick
The Atlantic Fisheries Fund will invest over $400 million over seven years to support Canada’s fish and seafood sector.
The federal government will provide 70% of the funding, with 30% coming from the Atlantic provinces.
The fund aims to help Canada’s seafood sector transition to meet growing market demands for products that are high quality, value-added, and sustainably sourced.
The Innovative Communities Fund (ICF) focuses on investments that lead to long-term employment and economic capacity building in Atlantic Canadian communities.
Eligible recipients include non-commercial/not-for-profit organizations such as local development associations, municipalities and their agencies, business or technology institutes, industry/sector associations, economic development associations, local co-operatives, universities and educational institutions.
The ICF continues to build on the objectives of the Innovation and Skills Plan, a multi-year strategy to create well-paying jobs for the middle class and those working hard to join it.
Office of the Minister of Fisheries, Oceans and the Canadian Coast Guard
Fisheries and Oceans Canada
Paul CJ LeBlanc
Atlantic Canada Opportunities Agency
- Follow the Atlantic Canada Opportunities Agency on Twitter, YouTube and LinkedIn.
- Follow Fisheries and Oceans Canada on Twitter, Facebook, Instagram and YouTube.
- Follow the Canadian Coast Guard on Twitter, Facebook, Instagram and YouTube.
- Subscribe to receive our news releases and more via RSS feeds. For more information or to subscribe, visit http://www.dfo-mpo.gc.ca/media/rss-eng.htm.
Report a problem or mistake on this page
- Date modified: