BC aquaculture companies get financial boost

The Canadian government will invest in 11 British Columbia companies to encourage sustainable and innovative aquaculture projects in the province.

The CAD 1.25 million investment will support three finfish and eight shellfish aquaculture projects in British Columbia. The projects will improve the competitiveness of the Canadian aquaculture industry and encourage the development of innovative technologies and management techniques.

Recipients of the funding include: Bees Islets Growers, Island Scallops Limited, Island Sea Farms, Nova Harvest Limited, Nootka Sound Shellfish, Aphrodite's Garden, Mac's Oysters, B.C. Shellfish Growers Association, Sable Fish Canada, B.C. Salmon Farmers Association and Taste of B.C.

“The aquaculture industry is evolving worldwide,” said Keith Ashfield, minister of fisheries and oceans. “The funding announced today will ensure that Canada’s aquaculture industry continues to remain globally competitive, while enhancing economic prospects for Canadians. The Harper Government is committed to supporting the sustainable development of Canada's aquaculture industry, based on the best science available and within one of the most rigorous regulatory systems in the world.”

British Columbia’s aquaculture industry creates close to 6,000 jobs, resulting in CAD 224 million in annual wages. About 740 aquaculture operations in B.C. produce salmon and other seafood year-round, with a total harvested value of nearly CAD 534 million.

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