Aquaculture for all

Ottawa Keeps the Faith in Aquaculture

Salmonids Sustainability Economics +5 more

OTTAWA, CANADA - Ottawa still believes in aquaculture despite lawsuits to recover money the federal government claims that some companies in the industry owe.

At the St. Andrews Biological Station on Friday morning, Veterans Affairs Greg Thompson announced more than a million dollars for projects by four Charlotte aquaculture companies, reports Telegraph-Journal.

According to the news organisation, Thompson, MP for New Brunswick southwest, appeared on behalf of Fisheries and Oceans Minister Gail Shea. The money will come from the department's Aquaculture Innovation and Market Access programme.

Under this programme the federal government will provide $23.5 million over five years to fund innovative projects to contribute to sustainable projects in aquaculture.

Thompson announced $42,600 for Kelly Cove Salmon to better diagnose the bacterium that causes bacterial kidney disease in Atlantic salmon, $668,420 to Aquaculture Engineering Group Inc. to work on environmentally sustainable solutions for Canadian finfish aquaculture, $47,745 for Cooke Aquaculture Inc. to develop alternative renewable sources of essential fatty acids derived from marine bacteria for use in fish feed, and $300,000 to Canadian Halibut Inc. to develop a proposal for halibut culture in the lower Bay of Fundy.

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