Exploring more of the ocean – and finding new ways to do it safely – represents tremendous opportunities both at home and in international markets. The ocean is responsible for 30% of Atlantic Canadian exports and 320,000 jobs across Canada. Globally, the ocean economy is projected to reach an overall value of $4 trillion by 2030 – but to date, only about 10% of the ocean has been explored. Today signaled a big step toward safer, more sustainable ocean exploration, as Canada and the United Kingdom announced the winning teams in the inaugural ocean tech challenge.
ACOA’s strong connection with local businesses continues to play a vital role in ensuring that they are well positioned to find innovative solutions to today’s challenges. That is why the Government of Canada is helping Totally Raw Pet Food complete automation improvements so it can take control of its supply chain and meet growing customer demand.
Paqtnkek Mi’kmaw Nation has a deeply rooted connection to the nearby water and its resources. With a name that means “by the bay,” the Mi’kmaw of Paqtnkek have fished Pomquet Harbour as a source of food for generations, living in harmony with the local environment.
The Honourable Ginette Petitpas Taylor, Minister of Official Languages, and Minister responsible for ACOA, concluded a successful three-day visit to Boston for the 2023 Seafood Expo North America (SENA).