Atlantic Canada fish farmers group gets $473K for 2-year project
The Atlantic Canada Opportunities Agency said in a news release that it's spending $473,000 from its Regional Economic Growth through Innovation program.
Wayne Long, MP for Saint John–Rothesay, said the initiative will allow the Atlantic Canada Fish Farmers Association to attract new investments and strengthen global competitiveness.
"The aquaculture industry absolutely checks every box that our government should be focused on, blue economy, sustainability, growing protein, employing people in coastal communities," he said.
Long said the project will involve organizing innovation forums and hosting workshops. It also involves sending 60 industry members to Trondheim, Norway, for the Aqua Nor global aquaculture exhibition later this year.
Another 55 industry members will go to Boston for the 2025 Seafood Expo North America this weekend.
"Events like that will give Atlantic Canadian fish and seafood companies the opportunity to showcase their products, connect with global buyers and expand into new lucrative markets," said Long.
David Seeley, interim chair of the Atlantic Canada Fish Farmers Association, is heading to the Seafood Expo for his 13th year in a row.
"There's truly nothing like it," said Seeley. "It's exciting and exhausting."
The association represents 81 members, including finfish farmers, feed producers and industry partners in Atlantic Canada.
The project has a total cost of $800,000, with just over 40 per cent funded by industry partners, the association said.
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Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy That legislation, which came with a push for major infrastructure projects, arrived against the backdrop of Canada's trade war with the United States and calls to build up the domestic economy and global trade routes to diminish reliance on the U.S. Story continues below advertisement Long said that in meetings with representatives from Canada's Big Six banks and the Maple Eight large Canadian pension funds, he's heard a desire to invest more at home. He said those large institutional backers want the upcoming budget to help build the long-term confidence they need in order to put their money behind years-long infrastructure projects. 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Story continues below advertisement 0:32 Poilievre quips with reporter about budget docs: 'We're going to have to go to the library' He said stakeholders from the energy storage and nuclear industries are looking for Ottawa to commit to expanding investment tax credits for their sectors in the coming years. Such signals from government can convince a business that it's worth investing in themselves, or attempting to lure outside capital, in order to build in Canada, Turnbull said. He said he's also hearing concerns about the state of transportation infrastructure, particularly around Canada's ports. Businesses that want to diversify into global markets need to feel confident that the federal government is going to keep critical infrastructure running at key ports like Vancouver, Turnbull said. 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Turnbull said he's met with public sector unions as part of the consultation and acknowledged that there's 'fear and uncertainty' among bureaucrats. 'And yet I think they also recognize that there are opportunities for improvement and efficiency and to serve the public even better,' he said. 'We don't want to compromise on quality. But I do think it's a very healthy exercise for the federal government to say, where is there duplication? Where is there redundancy? Where can we get better results for Canadians?' While it's Long's first budget at the federal level, he said he does have some experience with budgeting in general. Not in Parliament, mind you — in a Canadian junior hockey league. Story continues below advertisement 'I've never been involved in a budget for a process of this magnitude. But in previous lives, for me, when I was president of the Saint John Sea Dogs, we would go through a budgeting process also,' he said. 'And a lot of the decisions we made in that budget we recognize fully would set the tone for the future. So this is the opportunity we have with this budget.'
