June 7, 2021 – L’Anse au Loup, Newfoundland and Labrador – Atlantic Canada Options Firm (ACOA)
The workforce of Canada’s fish and seafood processing sector is an monetary driver in coastal and rural communities, and is important to the nationwide meals present chain. The sector confronted immense challenges ensuing from COVID-19, and the Authorities of Canada labored quickly to verify it had the assistance it wished all through this unprecedented time.
On April 25, 2020, the federal authorities launched the $62.5 million Canadian Seafood Stabilization Fund (CSSF). This fund was created notably to help Canada’s fish and seafood processors adapt to the challenges of COVID-19. Proper this second the CSSF is supporting duties all through Canada to help processors retain their employees and hold strong effectively being and safety measures to verify workers are protected. It is rising the enterprise’s functionality to course of, retailer, bundle and distribute healthful, high-quality merchandise, along with retool processes and promoting to adapt to altering shopper requires.
By bolstering Canada’s fish and seafood processing sector, the Authorities of Canada helps place the nationwide financial system for a strong, post-pandemic restoration. Canada’s ocean industries contribute roughly $31.7 billion to Canada’s GDP yearly. By investing throughout the fish and seafood processing sector at this significant time, the Authorities of Canada is paving the easiest way for a stronger further resilient blue financial system eventually.
Federal authorities helps fish and seafood processors
Proper this second, Yvonne Jones, Member of Parliament for Labrador, launched an entire funding of $1,743,832 in 4 initiatives to help Labrador’s fish and seafood processing sector type out pandemic challenges head-on, and assure its future viability. The announcement was made on behalf of the Honourable Mélanie Joly, Minister of Monetary Enchancment and Official Languages, and of the Honourable Bernadette Jordan, Minister of Fisheries, Oceans and the Canadian Coast Guard.
Labrador Fisherman’s Union Shrimp Agency Ltd. is receiving three non-repayable contributions. They could get hold of $1,000,000 to bolster market alternate options by shopping for new fish processing experience and instruments for Mary’s Harbour and Black Tickle crops. Furthermore, they’re going to get hold of $412,500 to bolster chilly storage functionality in Mary’s Harbour that may current storage for his or her processing crops in Mary’s Harbour, Cartwright, Charlottetown, Pinsent’s Arm and L’anse au Loup. Lastly, the company will get hold of $276,000 to assist COVID-related expenditures, along with shopping for personal defending instruments (PPE), new screening rooms and defending limitations.
Torngat Fish Producers Co-operative Society Ltd. might also get hold of a non-repayable contribution of $55,332 to implement COVID-19 effectively being and safety measures for its employees in Makkovik and Nain, along with PPE and additional minor plant modifications.
Proper this second’s announcement shows the Authorities of Canada’s dedication to supporting all sectors affected by the pandemic. Duties like these will help the fish and seafood processing sector assemble once more increased, get further Atlantic Canadians once more to work and create a further resilient, numerous financial system.