Canada All National News,MP Parm Bains to announce support for British Columbia’s fishing industry

MP Parm Bains to Announce Support for British Columbia’s Fishing Industry

Mission, British Columbia – Member of Parliament for Steveston—Richmond East Parm Bains will announce a significant investment to support the British Columbia fishing industry on Tuesday, November 8, 2024.

The announcement will be made at the Steveston Fisherman’s Wharf, where MP Bains will highlight the importance of the fishing industry to the local and national economy. He will also discuss the challenges facing the industry and outline the measures the government is taking to address them.

The fishing industry is a vital part of the British Columbia economy, contributing billions of dollars annually and supporting thousands of jobs. However, the industry has faced a number of challenges in recent years, including rising costs, declining fish stocks, and international competition.

The government has recognized the importance of the fishing industry and has committed to providing support. In Budget 2023, the government announced a number of measures to help the industry, including:

  • Investing $300 million in the Coastal Restoration Fund to protect and restore fish habitat
  • Providing $100 million in support for First Nations fisheries
  • Investing $50 million in research and development to support sustainable fishing practices
  • Working with the industry to develop a long-term strategy for the sustainable growth of the industry

MP Bains’ announcement on Tuesday will build on the government’s commitment to supporting the fishing industry. He will announce a specific investment that will help the industry address the challenges it faces and continue to grow in the years to come.

The announcement will be made at the following time and location:

  • Time: 10:00 AM PST
  • Location: Steveston Fisherman’s Wharf, 350 Moncton Street, Richmond, BC

Media are invited to attend the announcement.


MP Parm Bains to announce support for British Columbia’s fishing industry

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