June 25, 2021 – Lamèque, New Brunswick – Atlantic Canada Opportunities Agency (ACOA)
The workforce of Canada’s fish and seafood processing sector is an economic driver in coastal and rural communities, and is vital to the national food supply chain. The sector faced immense challenges due to COVID-19, and the Government of Canada worked quickly to ensure it had the support it needed during this unprecedented time.
On April 25, 2020, the federal government announced the $62.5 million Canadian Seafood Stabilization Fund (CSSF). This fund was created specifically to help Canada’s fish and seafood processors adapt to the challenges of COVID-19. Today the CSSF is supporting projects across Canada to help processors retain their employees and maintain strong health and safety measures to ensure workers are protected. It is increasing the industry’s capacity to process, store, package and distribute healthy, high-quality products, as well as retool its processes and marketing to adapt to changing consumer demands.
By bolstering Canada’s fish and seafood processing sector, the Government of Canada is helping position the national economy for a strong, post-pandemic recovery. Canada’s ocean industries contribute approximately $31.7 billion to Canada’s GDP every year. By investing in the fish and seafood processing sector at this critical time, the Government of Canada is paving the way for a stronger more resilient blue economy in the future.
Federal government supports fish and seafood processors
Today, Serge Cormier, Member of Parliament for Acadie-Bathurst, announced total investments of $5,634,209 in 13 initiatives in northeastern New Brunswick to help the region’s fish and seafood processing sector tackle challenges caused by the pandemic head-on and ensure its future viability. The announcement was made on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for ACOA, and of the Honourable Bernadette Jordan, Minister of Fisheries, Oceans, and the Canadian Coast Guard.
The funding is helping businesses adapt processing operations with new equipment, materials and modifications to enhance employee health and safety due to COVID-19. Additional information on the projects is provided in the related backgrounder.
Today’s announcement reflects the Government of Canada’s commitment to supporting all sectors affected by the pandemic. Projects like these will help the fish and seafood processing sector build back better, get more Atlantic Canadians back to work and create a more resilient, diverse economy.