The Canadian government on Tuesday announced it is launching a program to support the Atlantic lobster industry.
Fisheries and Oceans Canada (DFO) is now accepting applications for short-term assistance from lobster license holders suffering significant income as a result of the global economic downturn.
The government has committed CAD 65 million (USD 60.8 million, EUR 41.1 million) to support the industry and designated CAD 15 million (USD 14 million, EUR 9.5 million) to provide immediate one-time assistance to lobstermen most affected by the economic downturn and collapse of lobster prices. The remaining funds are allocated to Atlantic Lobster Sustainability Measures over the next five years to help the industry improve its economic prosperity and long-term sustainability.
“The program demonstrates our government’s commitment to taking action in support of harvesters who were seriously affected by the current economic downturn,” said DFO Minister Gail Shea. “The short-term measures being offered to eligible lobster [fishermen] will provide some immediate relief.”
“The longer-term assistance will help ensure a more sustainable future for lobster fishers,” she added. “We have developed the program criteria in consultation with industry, First Nations and the provinces to ensure spending is accountable and targeted.”
