The Government of Canada has taken steps to support workers in the fishing industry who are feeling the economic impacts of the COVID-19 pandemic.
Canadian Fish and Seafood Opportunities Fund
The $42.85 million Canadian Fish and Seafood Opportunities Fund enables the Government of Canada and provincial and territorial partners to support industries’ priority projects and help people working in the fish and seafood sector by creating jobs and developing more opportunities for products.
To address the challenges facing the fish and seafood sector, and to capitalize on new market opportunities, the program supports:
- branding and promotional strategies that increase the recognition of Canada as a global leader in providing high quality, legally and sustainably sourced, value-added products
- maintaining and accessing new markets
- ensuring product integrity throughout the supply chain
- strengthening relationships and fostering increased collaboration and organization within the Canadian fish and seafood sector
This is a cost-shared program, wherein 70% of each project will be federal funding, and 30% will be provincial or territorial funding.