St. John's, Newfoundland and Labrador - With the longest coastline in the world, Canada's coastal communities rely on the fish and seafood industry as an integral contributor to local and regional economies. This is why the Government of Canada and the Province of Newfoundland and Labrador today announced funding support for 147 projects through the Atlantic Fisheries Fund (AFF).
The funding-a total contribution of $25,327,448-will help modernize equipment and improve quality, productivity, and sustainability in the Newfoundland and Labrador fish and seafood sector.
- Harvesting - 116 projects supporting new equipment and innovative technologies that will advance onboard handling techniques and improve productivity, product quality, and sustainability
- Processing - 22 projects targeting advancements in processing technologies and product quality enhancements to improve competitiveness and add value for the industry
- Aquaculture - Five projects enabling adoption of new technology and processes to support sustainable development of oyster and salmon
- Indigenous partnerships - Four projects supporting sustainability and the modernization of equipment used in the seafood sector
The contribution is from the $400 million AFF, funded by the federal and provincial governments. The AFF focuses on increasing opportunities and market value for sustainably sourced, high-quality fish and seafood products from Atlantic Canada.
Introduced in 2017, the AFF will continue to invest in projects over its seven-year life. The commercial fisheries and aquaculture industry, Indigenous groups, universities and academia, and industry associations and organizations, including research institutions, may apply.
