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Canada’s Fisheries Funds

| Fisheries and Oceans Canada | backgrounders

Canada’s fisheries funds were created to help the fish and seafood sector achieve greater success by supporting market entry and growth, economic development, and supporting livelihoods in coastal communities.


Northern cod commercial fishery

| Fisheries and Oceans Canada | backgrounders

Based on recent science assessments, stakeholders and industry leaders have called for higher quotas in the Northern cod commercial fishery to continue rebuilding markets and expand processing capacity. The Total Allowable Catch (TAC) for the 2025 season is increasing from 18,000 to 38,000 tonnes, boosting economic opportunities for coastal communities.


SINAA / Qikiqtani Project Finance for Permanence

| Fisheries and Oceans Canada | backgrounders

The Project Finance for Permanence (PFP) model is a conservation finance model that brings together partners and multi-partner investments to advance marine and terrestrial stewardship and coastal economies over the long term. It’s recognized around the world as a powerful tool to advance durable, large-scale conservation projects coupled with sustainable economic and community development.


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2025-12-23