Nova Scotia steps up for Cooke Aquaculture

The province is set to announce Thursday that it will pour millions into the expansion of a New Brunswick-based aquaculture company’s Nova Scotia operations.

Cooke Aquaculture has been planning CAD 150 million in projects in the province, including a processing facility in Shelburne County, expanding a feed mill in Truro and developing a hatchery in Digby.

The company has said in the past that its five-year plan in the province could add 400 direct jobs and 1,400 indirect ones. It had hoped to secure CAD 20 million to CAD 30 million in government funding.

No federal contribution is expected to be announced Thursday.

An announcement is scheduled in Shelburne County, where the provincial cabinet is meeting.

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