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Cabinet officials

Canada Invests in Sustainable Fisheries and Aquaculture Practices

Strategic Insights

— 2 min read

Canada is committed to supporting the transition of the country's fisheries and aquaculture sectors to more sustainable and environmentally friendly practices. The Government of Canada has announced a significant investment of over $5.4 million in funding for 36 projects that aim to reduce waste and emissions, increase energy efficiency, and promote the use of green energy in the industry. This investment is part of the Fisheries and Aquaculture Clean Technology Adoption Program, a $20-million program established to support businesses in adopting clean technologies.

Key Takeaways:

  • The Fisheries and Aquaculture Clean Technology Adoption Program provides funding to help businesses incorporate clean technologies into their operations, with a focus on accelerating the use of more sustainable and efficient tools, practices, and techniques.
  • The program aims to support the growth of a healthy and sustainable blue economy, which contributes approximately $4.5 billion annually in gross domestic product and provides thousands of jobs across the country.
  • The 36 projects announced today will help fisheries and aquaculture businesses adopt greener practices, such as upgrading waste/wastewater treatment facilities, increasing energy efficiency, and reducing fuel consumption and carbon dioxide emissions.
  • The Government of Canada is working with industry partners to ensure the business is as sustainable and productive as possible, with a focus on long-term growth and job creation.
  • The Province of British Columbia has also contributed over $785,000 in funding towards these projects, demonstrating a shared commitment to sustainability and economic growth.

Statistics:

  • $5.4 million: The amount of funding announced by the Government of Canada for 36 projects that aim to support the transition of the country's fisheries and aquaculture sectors to more sustainable and environmentally friendly practices.
  • $20 million: The total budget for the Fisheries and Aquaculture Clean Technology Adoption Program, which was established to support businesses in adopting clean technologies.
  • $4.5 billion: The annual contribution of the fisheries and aquaculture sectors to gross domestic product in Canada.
  • 36: The number of projects announced by the Government of Canada as part of the Fisheries and Aquaculture Clean Technology Adoption Program.
  • Over $785,000: The amount of funding contributed by the Province of British Columbia towards these projects.

Sources:

  • Member of Parliament for Burnaby North-Seymour and Parliamentary Secretary to the Minister of Fisheries, Oceans and the Canadian Coast Guard, Terry Beech.
  • The Honourable Bernadette Jordan, Minister of Fisheries, Oceans, and the Canadian Coast Guard.
  • Fin Donnelly, Parliamentary Secretary for Fisheries and Aquaculture, Province of British Columbia.
  • Published by HT Digital Content Services with permission from Web Newswire.
  • Provided by SyndiGate Media Inc. (Syndigate.info).

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