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Canada allocates $62.5M for fish and seafood processors amid COVID-19

April 28, 2020 โ€” Canadaโ€™s fish and seafood industry is getting new funding in an effort to keep grocery shelves stocked amid the COVID-19 crisis.

The Canadian Seafood Stabilization Fund, which was announced by Prime Minister Justine Trudeau on a live broadcast on April 25, is aimed to provide fish and seafood processing plants access to short-term financing to pay for maintenance and inventory costs, and adapt operations to respond to changing requirements and new market demands.

โ€œAs we fight COVID-19, people who work in fish and seafood processing plants across the country are playing a crucial role when it comes to getting food to our tables. This fund will help ensure that they can safely continue to their important work,โ€ said Trudeau during his Saturday broadcast.

Read the full story at Aquaculture North America

Caught by surprise, Canadian salmon farming group sees closed containment push as limiting

October 2, 2019 โ€” A promise from Canadaโ€™s Liberal Party that if theyโ€™re elected theyโ€™ll introduce legislation to move net-pen salmon farming in the province of British Columbia to closed-containment systems by 2025 caught many in the salmon farming sector by surprise.

Timothy Kennedy, president and CEO of the Canadian Aquaculture Industry Alliance (CAIA), said thatโ€™s because industry representatives had long been engaged with the government and other stakeholders to discuss technological improvements to salmon farming that would have satisfied many concerns.

That process determined that โ€œhybridโ€ technologies to grow larger smolts on land and reduce the time farmed salmon spend in the ocean as the medium and near-term solutions that were the most feasible, he said.

โ€œThereโ€™s a lot of opportunity and a lot of investment going into that,โ€ he said. โ€œThis sort of commitment within an artificial time frame is really challenging and very undermining of the process and the intent of those who were involved in the process.โ€

Read the full story at Undercurrent News

Canadian Aquaculture Industry Alliance CEO: Banning BC salmon farms will drive farming to other nations

October 1, 2019 โ€” Representatives of Canadaโ€™s salmon farming industry are hitting back hard at plans unveiled in the recently released Liberal party platform headed by incumbent Prime Minister Justin Trudeau to transition salmon farming in British Columbia from ocean netpen farms to land-based operations.

The Liberal platform has potentially serious and far-reaching negative consequences for Canadian jobs and the environment, said the Canadian Aquaculture Industry Alliance (CAIA), which represents the interests of Canadaโ€™s aquaculture producers.

โ€œThis is a reckless policy, not grounded in science, and it will threaten good middle-class jobs across Canada,โ€ says Timothy Kennedy, CAIA president and CEO.

If implemented, Kennedy added, farmed salmon production would simply be driven to other countries, undercutting efforts the industry has made to improve sustainability.

Read the full story at IntraFish

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