I was delighted to be on the west coast of the province in Corner Brook today to accompany my colleagues in the federal Liberal caucus and members of the provincial Liberal party to participate in a very significant Atlantic Fisheries Fund announcement.
Today, the Government of Canada and the Province of Newfoundland and Labrador announced $641.518 to improve the effectiveness, quality, and sustainability of the fish and seafood sector. The federal and provincial government’s combined contributions will amount to over $400 million in investments in the Atlantic Fisheries Fund (AFF), which will help generate opportunities and increase the market value for sustainably sourced, high-quality fish and seafood products from Atlantic Canada. I can assure you that all of us, collectively, are working hard every day on behalf of the people of this province. We’re especially committed to making a tangible difference in the lives of those who make their living from, or on the sea.
The contributions fall under the infrastructure pillar of the AFF and will supply eight fishing enterprises with new automated longline hauler systems and insulated tubs. This equipment will help to diversify catches, allowing for more efficiency in deep water harvesting and improve the quality of the product and the efficiency of operations.
Seven year investment
The AFF will continue to invest in projects over the next seven years. The commercial fisheries and aquaculture, Indigenous groups, universities, and academia and industry associations and organizations, including research institutions may apply.
Eligible projects must include;
- Innovation – to support research and development of new innovations that contribute to sustainability of the fish and seafood sector, and to create partnerships and networks that aim to promote and encourage innovations in the sector;
- Infrastructure – to adopt or adapt new technologies, processes, or equipment to improve the effectiveness and sustainability of the fish and seafood sector;
- Science Partnerships – fisheries and aquaculture industry based partnerships with academia and institutions to enhance knowledge and understanding of the impacts of changing oceanographic conditions and sustainable harvesting technology.
“Innovation in this sector, which is integral to the Canadian economy, means more job opportunities for hundreds of small coastal and Indigenous communities across not only Atlantic Canada, but the country. I am so proud that we are delivering on our mandate to protect our fisheries and ensure that they remain healthy for future generations.” –The Honourable Dominic LeBlanc, P.C., Q.C., M.P., Minister of Fisheries, Oceans and the Canadian Coast Guard.