Atlantic Fisheries Fund allocates USD 318 million for business proposals
Sustainable seafood display. (Photo: Loblaw)
Fisheries and Oceans Canada (DFO) has announced that the Atlantic Fisheries Fund (AFF) will allocate over CAD 400 million (USD 318 million) to finance fisheries and aquaculture projects and the period for accepting proposals is now open.
The AFF will focus on growing opportunities and increasing market value for sustainably sourced, high quality fish and seafood products from Atlantic Canada.
Investments flowing from the fund will position the fish and seafood sector in Atlantic Canada for long-term sustainable growth and will support continued industry efforts to provide consumers with high-quality, sustainably sourced, Canadian fish and seafood products.
The AFF is now accepting applications from proponents in Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland and Labrador.
The commercial fisheries and aquaculture industry, Indigenous...