Atlantic Canada Fish Farmers Association receives $460,000

Fish & Seafood

Atlantic Canada Fish Farmers Association is to receive $460,000 to improve the effectiveness, quality and sustainability of the fish and seafood sector.

Posted on Aug 14 ,10:00

Atlantic Canada Fish Farmers Association receives $460,000

The Canadian Government announced that the financial support comes from the $400 million Atlantic Fisheries Fund, jointly funded by the federal, provincial and territorial governments, focused on growing opportunities and increasing market value for sustainably sourced, high-quality fish and seafood products from Atlantic Canada.

Through the funding, Atlantic Canada Fish Farmers Association will acquire data from two real-time monitoring buoys equipped with a suite of sensors. This data will be collected from the Passamaquoddy Bay and will provide real-time information that will be used to support decision making for both the aquaculture industry as well as other marine users such as fishers and tourism operators.

According to the government, the Atlantic Fisheries Fund is to invest in a series of projects over the next seven years.

The commercial fisheries and aquaculture industry, Indigenous groups, universities and academia and industry associations and organizations, including research institutions, may apply.

The eligible projects to receive financial support from the Atlantic Fisheries Funds must focus on:

- Innovation – to support research and development of new innovations that contribute to sustainability of the fish and seafood sector, and to create partnerships and networks that aim to promote and encourage innovations in the sector;
- Infrastructure – to adopt or adapt new technologies, processes, or equipment to improve the effectiveness and sustainability of the fish and seafood sector;
- Science Partnerships – fisheries and aquaculture industry based partnerships with academia and institutions to enhance knowledge and understanding of the impacts of changing oceanographic conditions and sustainable harvesting technology.

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