ACOA Minister talks about funding from the Atlantic Fisheries Fund, $25 million for this province

    Friday, 17 November 2023 07:00

    By Tonya Organ

    Allen’s Fisheries is getting money for a lobster grader, mussel packaging and labelling equipment, as well as oyster grading equipment.

    Some west coast fisheries companies are getting a financial boost from both levels of government. More than $25 million dollars for 147 projects will help modernize equipment and improve quality, productivity and sustainability. Allen’s Fisheries is getting money for a lobster grader, mussel packaging and labelling equipment, as well as oyster grading equipment. Barry Group in Cox’s Cove is getting funding for a redfish scaling machine. Also, Mi’Kmaq Commercial Fisheries Ltd will  get money to buy electric lobster haulers and insulated tubs. ACOA and Rural Economic Minister Gudie Hutchings made the announcement under the Atlantic Fisheries Fund. She says the fund was established in 2017 to last 7 years with $400 million dollars available. Hutchings says the federal government pays 70 percent with the remainder covered by the province. She says the seafood industry in this province is worth about $2 billion a year. Barry Group in Cox’s Cove is getting funding for a redfish scaling machine. Also, Mi’Kmaq Commercial Fisheries Ltd will  get money to buy electric lobster haulers and insulated tubs. ACOA and Rural Economic Minister Gudie Hutchings made the announcement under the Atlantic Fisheries Fund. She says the fund was established in 2017 to last 7 years with $400 million dollars available. Hutchings says the federal government pays 70 percent with the remainder covered by the province. She says the seafood industry in this province is worth about $2 billion a year.

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

     

     

     

    BayFM recognizes support from the following agencies:

                        

    Today's Weather

    • Corner Brook

      Light rain

      High: 24°C | Low: 15°C

    • Deer Lake

      Light rain

      High: 26°C | Low: 16°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Party on the Hill 2025

      5th Annual Party on the Hill is only weeks away, and ticket sales this year have been really, really low. Unfortunately, this means that we are at risk of having to cancel the event!

    • Qalipu Today

      Qalipu Today, July 2 2025

      Join us this July 2 at 10 a.m., only on Bay FM, for a special episode of Qalipu Today, featuring guests from the Qalipu Housing Division.

    • Sunday Night Geek

      Sunday Night Geek, June 29. 2025

      Sunday Night Geek, June 29. 2025