Government of Canada and Province of New Brunswick Invest in Fisheries Sector
Ottawa, November 29, 2024 – The Government of Canada and the Province of New Brunswick announced today joint funding of $8 million to support infrastructure improvements and foster innovation and science partnerships in the fish and seafood sector.
The funding is part of the Atlantic Fisheries Fund, a federal-provincial program to support sustainable growth and innovation in the Atlantic Canadian fisheries sector.
“Our government is committed to supporting the growth and prosperity of the fish and seafood sector, which is a vital part of New Brunswick’s economy,” said Marie-Claude Bibeau, Minister of Fisheries, Oceans and the Canadian Coast Guard. “This funding will help to improve infrastructure, foster innovation, and strengthen science partnerships, which will ultimately benefit fish harvesters, processors, and consumers alike.”
The funding will be used to support a range of projects, including:
- Upgrading and expanding fish processing facilities
- Developing new value-added products and processes
- Enhancing research and development capacity
- Strengthening collaboration between industry, academia, and government
“Our government is committed to investing in the success of our fisheries sector,” said Jill Green, Minister of Agriculture, Aquaculture and Fisheries for New Brunswick. “This funding will help to ensure that New Brunswick remains a leader in sustainable fisheries management and innovation.”
The fish and seafood sector is a major economic driver in New Brunswick, generating over $1.5 billion in revenue annually and employing over 10,000 people. The sector is also a key part of the province’s cultural heritage and identity.
“This funding is a welcome investment in the future of the fish and seafood sector in New Brunswick,” said Patrick Sullivan, President of the New Brunswick Seafood Council. “The projects that will be funded will help to improve our competitiveness, create jobs, and strengthen our communities.”
The Government of Canada and the Province of New Brunswick have a long history of working together to support the fish and seafood sector. This latest investment is a testament to the shared commitment to ensuring the sector’s continued success.
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