CanNor is investing over $2.4 million toward three projects supporting research, training and marketing
June 16, 2022 - Iqaluit, Nunavut - Canadian Northern Economic Development Agency
Fishing and sealing have been woven in Inuit tradition and culture for generations, and its industries are a cornerstone of Nunavut's economy, providing jobs for Inuit and spurring economic growth in communities.
Today, the Honourable Daniel Vandal, Minister of Northern Affairs, Minister for PrairiesCan and Minister for CanNor, announced federal investments of more than $2.4 million, delivered by CanNor, to support three fisheries projects in Nunavut. These projects will continue the progress being made in Nunavut to develop a sustainable, adaptive and inclusive fishing industry.
The Canadian Northern Economic Development Agency (CanNor) continues to be a strong supporter of Nunavut's fishing and sealing industries. CanNor works with federal departments and partners, including the Government of Nunavut, Inuit partners and businesses, to invest in extensive fisheries research, marketing, and professional training.
CanNor investments support Nunavut fisheries projects
CanNor is contributing $1.2 million to the Nunavut Fisheries Association to monitor stock sustainability and to explore the possibility of adding new species to Nunavut's commercial fisheries. The initiative will include research methods to reduce the environmental impacts of catching unwanted fish and other marine creatures and trawling.
The Government of Nunavut is receiving $1.14 million in funding, through CanNor, to increase available monitoring data for Greenland Halibut and Arctic Char. The project also provides training for community fishermen to develop small scale fisheries, along with marketing and research for the sealing sector. Lastly, the Nunavut Fisheries and Marine Training Consortium (NFMTC) received $100,000 to develop a new strategic plan to improve training for Inuit fishermen through a mentoring program.
Funding for these projects contributes to Nunavut's economic growth, supports innovation in a key industrial sector, and advances the sustainability of the territory's fisheries.
