Government of Canada and Province of Prince Edward Island Announce Funding for 39 Companies to Help Improve Quality, Productivity, and Sustainability in the Provincial Fish and Seafood Sector
Charlottetown, PE – November 13, 2024 – The Government of Canada and the Province of Prince Edward Island today announced a total investment of $10.5 million to support 39 projects through the Atlantic Fisheries Fund. This investment will help improve the quality, productivity, and sustainability of the provincial fish and seafood sector.
The funding will support a wide range of projects, including:
- Upgrading equipment and infrastructure
- Developing new products and processes
- Improving marketing and sales
- Increasing energy efficiency and reducing waste
“The fish and seafood sector is a vital part of Prince Edward Island’s economy,” said the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food. “This investment will help our industry become more competitive and sustainable, while creating jobs and economic growth.”
“Our government is committed to supporting the fish and seafood sector,” said the Honourable Dennis King, Premier of Prince Edward Island. “This investment will help our industry reach its full potential and continue to be a major economic driver for our province.”
The Atlantic Fisheries Fund is a federal-provincial program that supports the sustainable development of the fish and seafood sector in Atlantic Canada. The program provides funding for projects that improve the quality, productivity, and sustainability of the industry.
“This investment will make a real difference in the lives of fish and seafood harvesters, processors, and marketers in Prince Edward Island,” said Robert Morrissey, Executive Director of the PEI Seafood Processors Association. “It will help us improve the quality of our products, increase our productivity, and reduce our environmental impact.”
The projects funded through this investment are expected to create or maintain over 100 jobs in the provincial fish and seafood sector.
For more information, please contact:
Media Relations Agriculture and Agri-Food Canada Ottawa, Ontario 613-773-7972 1-866-345-7972 media.relations@agr.gc.ca
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Additional information:
- The Atlantic Fisheries Fund is a $400 million, five-year program that supports the sustainable development of the fish and seafood sector in Atlantic Canada.
- The program provides funding for projects that improve the quality, productivity, and sustainability of the industry.
- The program is administered by the Government of Canada and the four Atlantic provinces.
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