Thursday, April 21, 2011

New Brunswick shrimp industry given a financial boost by government

New Brunswick's shrimp industry, which generates CAN$82 million  (UK£52.464 million) a year in product sales, received a significant boost this week with the announcement that the province is investing CAN$840,000 (UK£537,437) to help in the rationalisation of the traditional shrimp fishing fleet in the province.

New Brunswick Agriculture, Aquaculture and Fisheries Minister Michael Olscamp and Economic Development Minister Paul Robichaud were in Lameque Tuesday to make the announcement. The provincial funds, from the Regional Development Corporation, represent 30 percent of the total investment with the balance coming from the harvesting and processing industries.

The Fisheries Renewal Framework outlines how balancing harvesting capacity with the availability of the resource is one of the ways government can support an industry-led strategy. Read more ...

This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers

Enhanced by Zemanta

No comments:

Post a Comment

Post a Comment