Fisheries Minister announces support for seafood market diversification

    Monday, 7 April 2025 07:00

    By Tonya Organ

    Funding is available to licensed Newfoundland and Labrador fish processors, aquaculture companies, seafood marketing firms, industry associations, research and development institutions, fisheries organizations, and development associations.

    Fisheries Minister Gerry Byrne has launched the Seafood Marketing Support Program, to support global market diversification. It will help identify, assess, target and develop new market opportunities in response to tariff threats from the United States and recent tariffs from China. This will support diversification and reduce reliance on traditional markets while capitalizing on new opportunities in domestic and international markets.

    Funding is available to licensed Newfoundland and Labrador fish processors, aquaculture companies, seafood marketing firms, industry associations, research and development institutions, fisheries organizations, and development associations. This through non-repayable contributions to a maximum of $100,000 and a rate of assistance of up to 90 per cent. More information can be found at gov.nl.ca. 

     

    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

      Heavy snow

      High: 0°C | Low: -4°C

    • Deer Lake

      Light snow

      High: 1°C | Low: -4°C

    • Stephenville

      Light snow shower

      High: -1°C | Low: -2°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Trash Talk Thursday

      Trash Talk Thursday, December 11, 2025

    • The Plain Truth

      The Plain Truth, December 10, 2025

      Today's show will provide tips on how to prevent or better manage Diabetes

    • Qalipu Today

      Qalipu Today, December 9, 2025

      Judy Falle-Doucette on Qalipu Today talks about her new book, Poppa and the Medicine Wheel.